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Shell seeks to sell 27.5% stake in Sakhalin-2 plant; Shell in talks with group of several Indian firms, say sources
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
Deal to help Shell triple its renewable energy capacity in operation
Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko.
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.
The post-tax impairments of between $4 billion and $5 billion in the first quarter will not impact the company's earnings
The firm had sought bids at a premium over the base of 13.2 per cent of Brent crude oil prices
Shell announced its intention Monday to exit its joint ventures with Gazprom and related entities
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.
"We respect the court's decision and have paused the survey while we review the judgement," a Shell spokesperson said
The long-awaited report by the Interior Department stops short of recommending an end to oil and gas leasing on public lands
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
Through this collaboration, Shell and Infosys will launch 'Shell Inventory Optimizer' as the first product offered to its energy customers
Shell B shares fell 1.6 per cent to 1,740 pence at 8.01 am in London
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
ArcelorMittal is the world's top steelmaker
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
Significant demand-supply gap seen opening in middle of current decade; China and India led LNG demand growth in 2020