Shell wants to share more of its blockbuster profits, CEO says
Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift...
Shell
Shareholders back Shell’s climate strategy after raucous meeting
Shareholders backed Shell’s SHEL.L climate strategy in a meeting on Tuesday that was disrupted by dozens of climate protesters, while a climate activist proposal from the Follow...
Shell directors may face lawsuit over climate transition plans
Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell (SHEL.L) over the company’s climate transition plan, in what...
Gas ‘breakthrough’ could see movement in months
After nine years, an agreement was reached this week to move forward gas sharing between Israel and Cyprus as a field straddles the borders. But...
Oil and gas sector crisis deepens
Analysts state that it probably will be the end of 2023 before the industry recovers By Charles Ellinas One after the other major international oil...
Cyprus grants Aphrodite reserve exploitation licence
Cyprus on Thursday granted the first hydrocarbon exploitation licence to the consortium that owns the Aphrodite concession, with a view to pipe gas to Egypt...
Aphrodite gas development plan expected this week, minister says
The government expects a joint venture of energy companies to submit a new development and production plan for an offshore gas field this week, with...
Host of hurdles facing Shell bid to buy East Med gas
By Charles Ellinas Bloomberg reported in February that Shell is in talks to buy Aphrodite and Leviathan gas for liquefaction at its Idku LNG plant...
Singapore uncovers large oil heist at Shell’s biggest refinery
Eleven men were charged in a Singapore court on Tuesday in connection with a large-scale oil theft at Shell’s biggest refinery, while police said they were investigating...
Cyprus could benefit from climate change fight
By Constantinos Hadjistassou A few months before announcing the third licensing round for hydrocarbons off Cyprus, the government endorsed the UN Climate Change Conference (COP21)...
