Shell to Sell Nigeria Onshore Oil Business for $1.3 Billion

[ad_1] Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the government, the transaction would…

Shell Joins BP in Ramping Up Dispute With Key US Gas Exporter

[ad_1] Shell Plc is joining rival BP Plc in escalating a feud with Venture Global LNG Inc., asking US energy regulators to intervene in their dispute with the natural gas…

Octopus Energy Valuation Tops £6 Billion After Fundraising Round

[ad_1] Octopus Energy Group raised a further $800 million from existing investors, lifting the UK utility’s valuation to £6.2 billion ($7.8 billion). Investors including Origin Energy Ltd., Tokyo Gas Co.,…

Shell Agrees to Sell German Refinery Stake to Prax Group

[ad_1] Shell Plc agreed to sell its stake in Germany’s PCK Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s…

Sweden’s Preem Is on Track to Cut Crude Consumption From 2024

[ad_1] Sweden’s Preem AB will curb the use of crude oil at the bigger of its two refineries from 2024, when it completes the revamp of a production unit. The…

The Dutch Question Centuries of Openness as They Go to the Polls

[ad_1] For centuries the Netherlands got rich by being open to the world. Known for its permissive attitude to sex, drugs and corporate profits, in economic terms the small, waterlogged…

Why oil majors Shell and BP are combining solar energy and agricultural production

[ad_1] At Elm Branch Solar Farm, about an hour south of Dallas, Texas, a flock of sheep grazes among a vast field of solar panels. The flock’s shepherd, Amanda Stoffels,…

Cyprus Rejects Chevron’s Development Plan for Aphrodite Field

[ad_1] Cyprus turned down a plan submitted by a Chevron Corp.-led consortium to develop the country’s Aphrodite gas field, Energy Minister Giorgos Papanastasiou said. The involved parties can now “enter…

Oregon county sues oil, gas companies including Exxon, Shell, Chevron for deadly 2021 Pacific Northwest heat dome

[ad_1] Shanton Alcaraz from the Salvation Army Northwest Division gives bottled water to Eddy Norby who lives in an RV and invites him to their nearby cooling center for food…

Shell CEO says EV charging stations in China are hot, predicts ‘robust’ oil and gas demand

[ad_1] In this aerial view, cars line up to refuel before the price rises at a Shell gas station in Wuhan, the capital of the Hubei province in China, June…