Shell expects higher oil and gas production and flags downstream and trading weakness

Q4 update: higher oil & gas production but weaker oil trading as crude prices fall. See key guidance on upstream, chemicals & ...
Crude Oil Prices

Shell To Convert German Refinery To Base Oil Manufacturing

Shell plans to convert its oil refinery at the Wesseling site in Germany into a production unit for base oils, the UK-based supermajor said on Friday. Shell Deutschland GmbH has taken a final ...
OilPrice.com

Shell Returns to Angola as Oil Majors Circle a Declining Basin

Shell is making a quiet but pointed return to Angola’s offshore oil patch, signing a deal to acquire a 35% stake in two ...
Benzinga.com

Shell Plans $1 Billion Angola Oil Investment During Offshore Exploration Push: Report

Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola. The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to ...
Seeking Alpha

Shell to shut German oil refinery, convert to chemicals in drive to cut emissions

Shell (NYSE:SHEL) said Friday it has taken a final investment decision to convert the hydrocracker used to produce distillate fuels and feedstocks at the Wesseling site at the Rheinland chemicals ...
WISH-TV

Shell oil company profits double to record $40 billion

(CNN) — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year after oil and gas prices soared following Russia’s invasion of Ukraine. Europe’s ...