Shell closes three Gulf of Mexico rigs after 'small' leak
Shell's Mars, Ursa and Olympus platforms were shut temporarily
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LON:SHEL
Shell PLC is a global group of energy and petrochemical companies with more than 80,000 employees in more than 70 countries. The group uses advanced technologies and take an innovative approach to help build a sustainable energy future.
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Shell's Mars, Ursa and Olympus platforms were shut temporarily
Any decision regarding a levy on the energy and oil and gas businesses is unlikely to be confirmed until a new Prime Minister is announced
Last week, the FTSE 100 company announced record profits for the second consecutive quarter of £9.5bn
Households will see a deduction of £66 from energy bills in October and £67 from December to March
Shell intends to reinvest the windfall - alongside a US$6bn share buy-back - to secure new energy supplies 'the world needs today'
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Britain's premier share index finished nearly three points lower, or 0.04%, at 7,345
The energy giant said it completed a US$8.5bn share buy-back programme this week, and, at group level, it expects to pay between US$3.3bn and US$3.7bn of taxes for the quarter
The UK blue-chip index closed 81.31 points, or 1.1% higher at 7,189.08, below the session peak of 7,213.05 but well above the opening low of 7,107.77
The hydrogen produced will be used to supply the Shell Energy and Chemicals Park in Rotterdam
Oil fell below US$100 a barrel yesterday as concerns about a global recession outweighed supply worries
Bumper dividends and boosted buyback programmes await investors later this month as the so-called oil supermajors report on their second quarters.
Looking many of the recent hydrogen deal, from Shell and BP to Walmart, plus examining what makes this chemical special
Energy companies warn of the potential deterrence of investment in the North Sea due to the UK government's tax
Expansion plans include clean power to more households and EVs with over £20bn investment over the next decade
The UK is aiming to become the ‘Saudi Arabia of wind’ and offshore wind growth could absorb the ongoing contraction in fossil fuels
The Swiss bank has a 3,000p price target for Shell, versus a market price of around 2,400p.
An average lorry now needs £61,000 of fuel, up from £41,000 in 2021
RBC said Shell’s current share price “poorly reflects” its underlying value and expects the oil company to outperform the market
Britain's blue-chip benchmark finished up around 42 points, or 0.56%, at 7,564
The oil company sought support from shareholders for its 'Net Zero' climate strategy.