Investment thesis: Shell (NYSE:SHEL) is faced with dwindling upstream reserves and production, thus it is making a big push into green energy in an effort to try to make up for the impending loss ...

Shell (SHEL) is reportedly in early talks to acquire rival BP (BP), in what could be a landmark deal between two supermajors ...

Shell CEO Wael Sawan has upped the UK group’s quarterly buyback plan while cutting back on unprofitable low-carbon activities. His pivot back into fossil fuels has shielded the $217 billion ...

Shell demands profit from green energy, not just CO2 cuts. By William Mathis, Bloomberg May 22, 2023. Shell executives are telling their renewable power business that it needs to become more ...

Shell has insisted it has no intention of making an offer to buy BP, stamping out speculation that it was in early-stage ...

And yet, Shell argues, the rise of solar, batteries and other green technologies is irreversible. The company expects global temperatures to rise by 2.2 degrees Celsius.

Plans to slash green investment are part of a push by Wael Sawan, the chief executive, to refocus Shell on oil and gas – a move that has been cheered by the markets but angered green campaigners.

Oil giant Shell obtained a $10 billion SLL — also linked to reductions in emissions intensity — in 2019. But over the next few years, during the term of the loan, it walked back several of its ...

Shell Plc plans to sell leases it won to develop floating wind farms off the coast of Scotland, as the oil major continues to roll back a once-ambitious expansion into renewable power.. The ...