Page 2 - Shell

Global LNG demand expected to almost double by 2040 - Shell

Asia is expected to drive nearly 75% of LNG demand growth to 2040

Energy giant Shell to speed up emissions cuts, says oil output peaked

The firm said it plans to eliminate seven refineries and reduce production of gasoline and diesel fuel by 55 per cent over the next decade

Shell profit drops to 20-year low in 2020 at $4.8 billion, raises dividend

Shell's annual adjusted earnings dropped to $4.8 billion, down 71% from a year earlier

Backed by Shell, LogisticsNow ready to improve road transportation biz

The focus of 'LoRRI Benchmark' on the full truckload (FTL) is mainly because 70-80 percent of the total road transport industry in terms of value is FTL, informed Saxena

Shell to write down assets again, taking cuts to more than $22 billion

Shell said the post-tax charge was due in part to impairments on its Appomattox field in the US Gulf of Mexico

How oil majors shift billions in profits to island tax havens

If the oil-and-gas major had booked the profits through its headquarters in the Netherlands, it could have faced a tax bill of about $700 million based on the Dutch corporate tax rate of 25%

TVS Motor partners Pilipinas Petroleum to offer Shell loyalty cards

Chennai-based TVS Motor Company on Wednesday said it has partnered with Pilipinas Shell Petroleum Corporation in the Philippines for providing its customers access to Shell loyalty cards

To shift to low-carbon energy Shell to cut up to 9,000 jobs in new plan

Shell, which had 83,000 employees at the end of 2019, said that the reorganisation will lead to annual savings of $2 billion to $2.5 billion by 2022

Shell focussed on turning around troubled Australian operations

In July, Shell booked $11 billion in writedowns on its gas business, mostly on its Australian Prelude floating LNG and QGC business

Shell eyes stake in Nayara's $9 bn Indian petrochemical project: Report

Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities

Oil firms collectively cut the value of their assets by nearly $50 bn in Q2

London-based BP has previously said it plans to cut its overall output by roughly 1 million barrels of oil equivalent (boepd) by the end of 2030 from its current 3.6 million boepd

Shell profits plunge 82% as coronavirus pandemic hits energy demand

Royal Dutch Shell said that its second-quarter earnings plunged 82% as the Covid-19 pandemic slashed energy prices and demand.

Shell CEO does not rule out moving headquarters from Netherlands to Britain

Shell has a complex Anglo-Dutch holding structure with a tax residency and headquarters in the Netherlands and a registered office in Britain

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Shell, RIL win in English HC against govt in PMT oil, gas field dispute

The two firms had gone to the English High Court against the 2016 partial award

Shell picks up 20% stake in Bengaluru-based solar power firm Orb Energy

Founded in 2006, Orb Energy has sold over 160,000 solar systems in India with a total capacity of 75 megawatts

With stake sale overhang behind, Mahanagar Gas could see more gains

Analysts remain positive on the company's earnings driven by soft natural gas prices, volume and geographical expansion

Mahanagar Gas zooms 12% on stake sale by British Gas

Around 9.98 million equity shares representing 10 per cent total equity of MGL have changed hands for total consideration of Rs 770 crore on the NSE, the exchange data shows.

Shell beckons youngsters to showcase fuel-efficient engines in Nov event

Shell is all set to hold the second edition of 'Make the Future Live India' at the Shell Technology Centre in Bengaluru between November 19 - 22 this year

Shell completes acquisition of Total's 26% stake in Hazira LNG in Gujarat

The sixe of the deal has not been revealed yet