Don’t miss the latest developments in business and finance.

Shell

Shell may sell Russian LNG plant stake to Indian consortium: Report

Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources

Updated On: 01 Aug 2023 | 5:33 PM IST

Shell reports highest quarterly profit since 2008 on crude boom

It beat its previous highest quarterly profits recorded in 2008 even after writing down $3.9 billion post-tax as a result of its decision to exit operations in Russia

Updated On: 06 May 2022 | 1:47 AM IST

Shell to buy Actis-owned renewables firm Sprng Energy for $1.55 bn in India

Deal to help Shell triple its renewable energy capacity in operation

Updated On: 30 Apr 2022 | 12:16 AM IST

Sprng Energy nearing Rs 13,500 cr sale to Shell, agreement in two weeks

Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko.

Updated On: 25 Apr 2022 | 5:20 PM IST

Shell to set up LNG stations, bullish on gas market in India

Shell operates a 5 million tonnes a year liquefied natural gas (LNG) import facility at Hazira in Gujarat and has a small network of petrol pumps.

Updated On: 10 Apr 2022 | 11:44 AM IST

Shell to write down as much as $5 billion after Russia exit

The post-tax impairments of between $4 billion and $5 billion in the first quarter will not impact the company's earnings

Updated On: 07 Apr 2022 | 2:55 PM IST

Reliance Industries sells CBM gas for over $23; HOEC gets $25

The firm had sought bids at a premium over the base of 13.2 per cent of Brent crude oil prices

Updated On: 10 Mar 2022 | 4:41 PM IST

Ukraine crisis: Shell pulls out of energy investments in Russia over war

Shell announced its intention Monday to exit its joint ventures with Gazprom and related entities

Updated On: 01 Mar 2022 | 2:09 AM IST

Shell boosts share buybacks as profit soars on high oil, gas prices

The company had already pledged to give back to investors $5.5 billion of the cash proceeds from the sale of its Permian-basin oil assets.

Updated On: 04 Feb 2022 | 1:25 AM IST

S African court blocks Shell's offshore seismic survey in legal wrangling

"We respect the court's decision and have paused the survey while we review the judgement," a Shell spokesperson said

Updated On: 29 Dec 2021 | 12:10 AM IST

Joe Biden recommends overhaul of nation's oil and gas leasing program

The long-awaited report by the Interior Department stops short of recommending an end to oil and gas leasing on public lands

Updated On: 27 Nov 2021 | 9:32 AM IST

Shell ditches 'Dutch', to shift HQ to UK amid calls for carbon cuts

The changes come as Shell is battling activist investor Dan Loeb, who's demanding the company split itself into two to attract shareholders leaving the energy sector

Updated On: 16 Nov 2021 | 1:39 AM IST

Infosys partners with Shell to market Shell Inventory Optimizer solution

Through this collaboration, Shell and Infosys will launch 'Shell Inventory Optimizer' as the first product offered to its energy customers

Updated On: 03 Nov 2021 | 7:16 PM IST

Amid split bid, Shell profit falls short of expectations in third quarter

Shell B shares fell 1.6 per cent to 1,740 pence at 8.01 am in London

Updated On: 29 Oct 2021 | 2:33 AM IST

Oil giant Shell sets sights on sustainable aviation fuel take-off

LONDON (Reuters) - Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world's airlines to reduce greenhouse gas emissions.

Updated On: 20 Sep 2021 | 12:53 PM IST

Solarwatt flexes muscles in home energy storage fight with Shell, Tesla

Germany's Solarwatt, backed by BMW's billionaire shareholder Stefan Quandt, plans to launch a small module that lets homeowners link rooftop solar panels to power storage batteries

Updated On: 07 Jul 2021 | 1:03 PM IST

OPEC wins, the West loses

Judges, investors force oil firms towards low-carbon future

Updated On: 01 Jun 2021 | 11:01 PM IST

ArcelorMittal, Vattenfall form hydrogen consortium with Shell, Airbus

ArcelorMittal is the world's top steelmaker

Updated On: 26 Apr 2021 | 3:39 PM IST

Shell Egypt signs deal to sell onshore assets for up to $926 million

Shell Egypt has entered into an agreement to sell upstream assets in Egypt's Western Desert to Cheiron Petroleum Corporation and Cairn Energy PLC for up to $926 million, the company said on Tuesday

Updated On: 09 Mar 2021 | 1:27 PM IST

Asia seen driving 75% of LNG demand growth by 2040: Shell LNG outlook

Significant demand-supply gap seen opening in middle of current decade; China and India led LNG demand growth in 2020

Updated On: 25 Feb 2021 | 7:27 PM IST