12 May 2020 09:06
BP boss says crisis could be 'peak oil' moment
(Sharecast News) - The Covid-19 crisis could mark the passing of "peak oil" demand as businesses spend less on travel and employees work from home, BP's new boss said.
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Shell, Eni lead oil majors' climate ambitions but still fall short -investors
* TPI prefers Eni for including third-party fuels, setting absolute carbon reduction target* TPI says sector's "net zero" carbon future not substantiated* More details needed on offsetting, renewables plans* OMV currently laggard among integrated e...
Read more11 May 2020 23:25
UPDATE 1-Shell Deer Park, Texas, refinery running at 87% of capacity -sources
(Adds company no comment)HOUSTON, May 11 (Reuters) - Royal Dutch Shell Plc’s joint-venture Deer Park, Texas, refinery is operating at 87% of its 275,000-barrel-per-day (bpd) capacity because of low demand brought on by the coronavirus epidemic, sa...
Read more11 May 2020 16:22
Shell Deer Park, Texas, refinery running at 87% of capacity -sources
HOUSTON, May 11 (Reuters) - Royal Dutch Shell Plc’s joint-venture Deer Park, Texas, refinery is operating at 87% of its 275,000 barrel-per-day (bpd) capacity because of low demand brought on by the coronavirus epidemic, said sources familiar with...
Read more7 May 2020 18:57
Shell Midstream offers Mars Sour crude storage as offshore producers keep pumping
By Laila KearneyNEW YORK, May 7 (Reuters) - Shell Midstream Partners said on Thursday it is offering storage in its Mars Sour crude cavern on the U.S. Gulf Coast, as offshore producers are not cutting output like onshore shale drillers despite the...
Read more7 May 2020 16:27
7 May 2020 14:25
Shell has bid in Dutch wind tender, eyes Rotterdam hydrogen plant
AMSTERDAM, May 7 (Reuters) - Shell Netherlands said on Thursday it bid in a tender last week to build a 760 MW wind farm off the Dutch coast, and it hopes to couple it with a large new hydrogen plant it would build in Rotterdam.The Dutch subsidiar...
Read more7 May 2020 12:05
LONDON MARKET MIDDAY: FTSE, Pound Higher Despite BoE's UK GDP Warning
LONDON MARKET MIDDAY: FTSE, Pound Higher Despite BoE's UK GDP Warning
Read more6 May 2020 13:48
UPDATE 1-UK watchdog clears Shell's 'drive carbon neutral' ad on petrol pumps
(Adds regulator still investigating aspects of the campaign)By Matthew GreenLONDON, May 6 (Reuters) - Britain's advertising watchdog has ruled Royal Dutch Shell's ad campaign on petrol pumps promising customers they can "drive carbon neutral" is a...
Read more6 May 2020 06:21
UPDATE 3-Aker BP cuts dividend by two-thirds as oil slumps
* Jan-March earnings $666 mln vs $539 mln a year ago* Says aims to pay "attractive" cash dividends going forward* Shares dip after results, underperforming European peers (Adds CEO quotes, analyst, share price)By Nerijus AdomaitisOSLO, May 6 (Reuter...
Read more5 May 2020 16:58
LONDON MARKET CLOSE: Lockdown Easing Optimism, Oil Jump Boosts Stocks
LONDON MARKET CLOSE: Lockdown Easing Optimism, Oil Jump Boosts Stocks
Read more5 May 2020 16:55
GLOBAL MARKETS-Oil surge lifts global stocks out of three-day losing streak
(Adds U.S. market open; changes byline, dateline; previous LONDON)By Herbert LashNEW YORK, May 5 (Reuters) - A gauge of global stock markets snapped a three-day losing streak on Tuesday as moves to ease major economies out of their coronavirus loc...
Read more5 May 2020 11:59
LONDON MARKET MIDDAY: Stocks Higher As Mood Lifts And Oil Prices Climb
LONDON MARKET MIDDAY: Stocks Higher As Mood Lifts And Oil Prices Climb
Read more5 May 2020 11:20
Oil major Total maintains dividend, shares jump
(Sharecast News) - French oil and gas major Total has maintained its dividend, despite the price of crude tumbling to historic lows.
Read more5 May 2020 10:53
UK WINNERS & LOSERS SUMMARY: BATM Up On Covid-19 Antibody Test Launch
UK WINNERS & LOSERS SUMMARY: BATM Up On Covid-19 Antibody Test Launch
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