Shell Takes $600 Million Hit, But LNG Outlook Brightens
This article first appeared on GuruFocus. Shell (SHEL) said Tuesday it will take a $600 million hit in…
French political turmoil drags down European stocks – The Irish Times
European shares lost ground on Monday as French assets sold off in the wake of the country’s latest…
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico…
Shell to Focus on LNG for the Next 10 Years
Shell aims to strengthen its focus on LNG over the next decade, with chief executive Wael Sawan saying…
Shell’s LNG Canada expansion project to get boost from government
According to a statement issued last week, Carney included LNG Canada Phase 2 in Kitimat on his list…
Shell, Galp and Petrobras team up on African exploration block
A consortium comprising three giants – the U.K.’s Shell, Brazil’s Petrobras, and Portugal’s Galp – is joining forces…
Peru LNG sent four cargoes in August
According to shipment data by state-owned Perupetro, during August, the 4.4 mtpa LNG plant sent two shipments to…
Quarter of heatwaves this century ‘virtually impossible’ without climate change, study finds
A quarter of heatwaves this century would have been “virtually impossible” without human-caused climate change, according to a…
Shell returns to Angola after two-decade absence
(Bloomberg) – Shell’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s…
US sets new record for LNG exports in August
Europe still top destination for US LNG Natural gas storage levels have been lower in Europe this year…
Egypt signs $340m oil, gas exploration deals with global firms
A third agreement, worth $109 million, went to Arcius Energy, a joint venture 51 per cent owned by…
SLB starts up two subsea compressor stations at Shell gas field in Norway
Image: SLB OneSubsea Two SLB OneSubsea™ subsea compressor stations recently came online at Ormen Lange, the…