Shell

Energy

Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

Photo via Christopher Boswell/Newscom

Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and more.

3 min read

Photo via Karol Serewis/ZUMAPRESS/Newscom

Energy

Shell Dismisses BP Takeover Talks as Mere ‘Speculation’

A megamerger of this sort would vault Shell’s market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.

2 min read
Photo by Krish Parmar via Unsplash

Energy

Shell Strikes a Blow For Fossil Fuel Industry in Climate Litigation — For Now

Shell managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030.

2 min read
Photo by Jethro Carullo via Unsplash

Energy

Oil Giants Need Gas More than Oil Right Now

Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.

2 min read

Energy

Shell Backs Off Offshore Wind

Photo by Jesse De Meulenaere via Unsplash

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read

Photo by Jethro Carullo via Unsplash

Energy

Shell Pulls Back on Big Biofuel Plant

Shell is hitting pause on a major biofuel project in the Netherlands, one of the biggest in Europe, to consider market conditions.

2 min read

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