Shell news
Equinor, Shell and Total to invest in Northern Lights CCS project
The three companies have submitted plans for development and operation of the carbon capture and storage project to Norway's Ministry of Petroleum and Energy.
Shell sells Appalachia shale gas assets to National Fuel
The transaction includes the transfer of approximately 450 000 net leasehold acres across Pennsylvania, with approximately 350 producing Marcellus and Utica wells in Tioga County and associated facilities.
Kazakhstan makes output cuts
Kazakhstan has pledged to cut its output by 390 000 bpd in May and June.
Shell releases 1Q20 results
Shell's 1Q20 net income fell 46% from a year earlier to US$2.9 billion.
Shell delays making decision on North Sea and Gulf of Mexico projects
The company is delaying final investment decisions (FIDs) on the Jackdaw natural gas field in the North Sea and the Whale deepwater oil discovery in the Gulf of Mexico.
Over 30 companies interested in Guyana crude marketing contract
The companies interested in marketing the Guyanese government's share of the country's crude include ExxonMobil, Shell, Equinor, Total, Petrobras, Saudi Aramco, Lukoil and PetroChina.
Pharos Energy withdraws interest in Shell's Western Desert assets
The company cited current market conditions for its withdrawal from a consortium evaluating the acquisition of Shell's upstream portfolio in the Western Desert in Egypt.
Maersk Drilling receives notice of contract termination from Shell and Aker BP
BG International, a subsidiary of Shell, and Aker BP have terminated contracts for the Maersk Developer and the Maersk Reacher respectively.
Shell invests in Surat gas project
The company is investing in Arrow Energy's Surat gas project in Queensland, Australia.
Shell aims for net zero emissions by 2050 at latest
The company is aiming to align itself with the goals of the Paris Agreement on climate change.