Shell Share News (SHEL)

Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore

SINGAPORE, May 8 (Reuters) - Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore to a joint venture between Indonesia's PT Chandra Asri Pacific and Swiss commodities trader Glencore.

Europe Gasoline/Naphtha-Gasoline cracks steady as supply stays abundant

LONDON, May 7 (Reuters) - Northwest European gasoline refining margins were largely steady at $22.88 a barrel on Tuesday as European stock levels dipped and the market remains well supplied.

Trade    Bid      Offer    Prev.    Buyer    Seller
Ebob                                  $915 
Barges 
MOC 
Platts E5 
(fob ARA) 
<EUROBOB- 
ARA> 
Ebob 
Barges 
E10 
Platts(fo 
b ARA) 
Ebob       $885-$$                    $896-$8  Litasco  Gunvor, 
Barges     888(14K                    96.25    ,        Trafigu 
Argus      T)                                  Glencor  ra 
E5(fob                                         e, BP, 
AR)                                            Sahara, 
Shell 
Ebob       $877-$8                    $882-$8  Litasco  Varo, 
Barges     77.75                      82.25    , BP,    Totsa, 
E10 Argus  (11KT)                              P66      GST, 
(fob AR)                                                Mabanaf 
t 
June swap  $855                       $862.50 
(fob ARA) 
Premium    $869                       $876     Vitol    Totsa 
Unleaded 
(fob ARA) 
<PU-10PP- 
ARA> 
Cargoes                      May 
(fob MED)                    +$14 
Cargoes    $914                       Gunvor   Equinor 
(cif NEW)  (Tees) 
Naphtha 
(cif NEW) 
<NAF-C-NW 
E> 
 
 Ebob crack (per barrel)   $22.878        Prev. $22.646 
Brent futures 
Rbob 
Rbob crack                <RBc1-CLc1>

European shares close at record highs on financials boost

Infineon jumps 12.9% on Q2 sales beat

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UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

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London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

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Shell confirms "several" parties eying South African retail business

(Alliance News) - Shell PLC said on Tuesday it has been approached by "several highly credible parties" interested in its retail business in South Africa.

Shell says it remains committed to mobility business in Malaysia

May 7 (Reuters) - Global oil major Shell said on Tuesday that it remains "committed to the mobility business" in Malaysia, after a report that it was in talks with Saudi Aramco to sell its gas stations in the country.

Shell to exit South Africa's downstream businesses

CAPE TOWN, May 6 (Reuters) - Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.

Tanzanian LNG project delayed as government seeks to change terms

LONDON, May 6 (Reuters) - Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said.

Tanzanian LNG project delayed as government seeks to change terms, sources say

LONDON, May 6 (Reuters) - Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, two sources from companies involved in the project said.

Oil majors offered faster Nigerian exit if they pay for cleanup

ABUJA, May 3 (Reuters) - Major oil companies such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame, the regulator said on Friday.