Shell Share News (SHEL)

Shell to exit Nigeria's troubled onshore oil after nearly a century

LONDON, Jan 16 (Reuters) - Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion.

IN BRIEF: Shell sells Nigeria onshore subsidiary amid Niger Delta exit

Shell PLC - London-headquartered oil & gas producer - Agrees to sell its Nigerian onshore subsidiary, Shell Petroleum Development Co of Nigeria Ltd, or SPDC, to Renaissance for USD1.3 billion. Renaissance is a consortium comprised of five companies made up of four exploration and production companies in Nigeria, and an international energy group. Up to USD1.1 billion in further cash payments are expected following completion.

Shell to sell Nigerian business for up to $2.4bn

(Sharecast News) - Shell said on Tuesday that it has agreed to sell its Nigerian onshore subsidiary, SPDC, to local consortium Renaissance for up to $2.4bn.

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

27 investors back call for Shell to align emissions target with Paris

(Alliance News) - A record number of global institutions have co-filed a shareholder resolution at Shell PLC, calling for the UK-headquartered oil major to align its emissions reduction targets with the Paris Climate Agreement.

Group of 27 Shell investors co-file new climate resolution

LONDON, Jan 15 (Reuters) - A group of 27 investors that own around 5% of Shell's shares has co-filed an independent resolution urging the energy company to set tighter climate targets, the biggest such drive to date.

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Norway gas output to rise in 2024, oil seen down, official forecast shows

OSLO, Jan 11 (Reuters) - Norway's daily natural gas production is set to rise by 3% in 2024, while oil output is expected to decline by a similar volume, the Norwegian Offshore Directorate (NOD) said in its annual forecasts on Thursday.

Kazakhstan raises oil and gas condensate output 7% in 2023

Kazakh oil output up to 1.57 mln bpd in Dec, above OPEC+ quota

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Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

FTSE 100 lags European peers as oil drags

Shell drops; flags Q4 writedown on Singapore assets

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European shares end higher as tech, retail lead rebound; energy shares dip

Airbus gains after FAA grounds some Boeing MAX 9 jets

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LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.