Shell

(IN BRIEF) Equinor and Shell Offshore Inc. have jointly made the final investment decision for the Sparta deepwater development in the US Gulf of Mexico. Equinor holds a 49 percent stake in the project, which is expected to produce up … Read the full press release →

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release →

(IN BRIEF) Shell plc’s Board has disclosed the dividend payment details for the third quarter of 2023. The interim dividend, set at US$0.331 per ordinary share, offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds … Read the full press release →

(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release →

(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release →

(IN BRIEF) Ørsted, a global leader in renewable energy, has announced the departure of two members of its executive management team: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO), by mutual agreement. This decision is … Read the full press release →

(IN BRIEF) Skanska is investing EUR 100 million in the second phase of the Studio office complex in Warsaw, Poland. The 27-storey building, known as Studio A, will offer around 26,600 square meters of leasable space and is situated in … Read the full press release →

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release →

(IN BRIEF) Shell Gas BV, a subsidiary of Shell plc, along with partners in the Oman LNG LLC venture, have signed an amended shareholders’ agreement for Oman LNG LLC, extending the business beyond 2024. Shell Gas will remain the largest … Read the full press release →

(IN BRIEF) Shell Upstream Overseas Services (SUOS) has successfully completed the sale of its 35% participating interest in Indonesia’s Masela Production Sharing Contract (Masela PSC) to PT Pertamina Hulu Energi and PETRONAS Masela Sdn. Bhd (Petronas Masela). This divestment includes … Read the full press release →

(IN BRIEF) Research into the potential of iron powder as an energy carrier on an industrial scale has received €900,000 in funding from science financier NWO and various organizations. The project, known as CIRCL (Closing the Iron Reduction-Combustion Loop), involves … Read the full press release →

(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the second quarter 2023 interim dividend, which was declared at US$0.331 per ordinary share on July 27, 2023. Shareholders were given the option to receive dividends in … Read the full press release →