Shell cuts capex guidance, says higher Q3 oil and gas output boosts resilience Hellenic Shipping News Worldwide Shell on Oct. 31 reined in its 2024 capital expenditure guidance to below its earlier indication of $22 billion-$25 billion and pointed to its lowest debt gearing since 2015 as the industry undergoes a period of oil price weakness. Shell in its Q3 re...
Shell CEO sees balanced LNG market over the next year Hellenic Shipping News Worldwide Shell’s CEO Wael Sawan said on Thursday he expects the liquefied natural gas (LNG) market to remain balanced through next year as supplies tighten due to delays in some project start-ups. Speaking to analysts after the company reported third qu...
Wafi Energy completes Shell Pakistan acquisition Dawn KARACHI: Wafi Energy Holding Ltd (Wafi Energy) has become the majority shareholder of Shell Pakistan Ltd (SPL) after The Shell Petroleum Company Ltd, a subsidiary of Shell plc (Shell), completes the sale of its 77.42 per cent interest in SPL. | Wafi ...
Egypt Dominates Global Sales of Shell Rimula Diesel Engine Oils Chem Analyst Egypt has achieved a remarkable feat by topping global sales of Shell Rimula diesel engine oils. This accomplishment stands as a testament to the continuous efforts of the Shell Lubricants Egypt te ......
Shell Ends Force Majeure on Phenol and Acetone Supply to US Chem Analyst Royal Dutch Shell, the Anglo-Dutch oil and gas giant, has officially lifted the force majeure on the supply of phenol and acetone to Deer Park, Texas, USA. According to market sources, the line, bo ......
Authoritarianism is on the rise. Is climate change to blame? Grist In November 2013, one of the strongest tropical cyclones in history made landfall in the Philippines. Known locally as Super Typhoon Yolanda, the storm pummeled the island country with 235-mile-per-hour gusts and a 17-foot storm surge; picked up limousine-sized boulders as easily as plastic bottles and deposited them hundreds of feet away; and offi...