Shell says production at Pearl GTL plant in Qatar halted
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Iranian strikes on Shell and Exxon facilities in Qatar and Saudi Arabia pushed oil prices to $109/barrel. Trump warned of retaliation over LNG plant attacks.
Energy giant Shell has signed multiple oil and gas agreements with the Venezuelan government, marking a significant step toward expanding energy development in the region. The deals include offshore natural gas
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Shell sees global LNG demand climbing as much as 85% by 2050
Shell (NYSE:SHEL) said on Monday that worldwide demand for liquefied natural gas is projected to rise significantly in the coming decades, increasing from about 422 million tonnes per year in 2025 to between 610 million and 780 million tonnes annually by 2050.
Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets,
Shell plc (NYSE:SHEL) is one of the most undervalued energy stocks to buy now. BofA lifted the price target on Shell plc (NYSE:SHEL) to 3,250 GBp from 2,900 GBp on March 13, maintaining a Neutral rating on the shares.
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Shell and TotalEnergies Issue Force Majeure After Qatar LNG Shut Down
Following a halt in production at its major complex due to drone strikes, Qatar's LNG shutdown has prompted major energy traders like Shell and TotalEnergies to declare force majeure, disrupting contractual deliveries to clients in Europe and Asia.
Shell secured a deal to supply an undisclosed volume of gas to 'a leading steel company' in Ogun's Guandong industrial zone. Image by photosbyjim via iStock Shell PLC, through Shell Nigeria Gas Ltd (SNG), has signed an agreement to supply natural gas to SG ...
Former energy minister Stuart Young says the upstream projects outlined by BP and Shell for 2027 are the result of actions taken by the People’s National Movement.
Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid escalating tensions.
Trump warned that if Iran continued striking Qatar’s energy infrastructure, the U.S. would retaliate and “massively blow up the entirety” of Iran's South Pars oil field.