Shell Share News (SHEL)

Oil falls about 1% as China's economic recovery disappoints

China's economy grows 5.2% vs expected 5.3%

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Shell approves plan to develop North Sea gas field

LONDON, Jan 17 (Reuters) - Shell has given the financial go-ahead for the development of the Victory gas field in the British North Sea, the latest development aimed at boosting the energy giant's production in the ageing basin.

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

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LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

US attacks Houthi anti-ship missiles, vessel hit in Red Sea

LATEST DEVELOPMENTS:

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Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

Norway boosts oil, gas drilling, including in Arctic

Awards 62 exploration permits, up from year-ago 47

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Norway increases annual oil, gas drilling awards, including in Arctic

SANDEFJORD, Norway, Jan 16 (Reuters) - Norway on Tuesday awarded stakes in 62 offshore oil and gas exploration licences to 24 energy companies in its annual licensing round, including in the Arctic Barents Sea, the country's energy minister said.

Shell in Nigeria

LONDON, Jan 16 (Reuters) - Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.

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.