Shell Share News (SHEL)

Norway's wealth fund falls short on climate ambitions, NGO says

OSLO, April 29 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushing oil companies to cut their greenhouse gas emissions, a non-governmental organization said in a report said on Monday.

Namibia's NAMCOR signs deal with Chevron to develop offshore block

CAPE TOWN, April 29 (Reuters) - Namibia's national oil company (NAMCOR) has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, NAMCOR said on Monday.

Climate groups picket Swiss National Bank's shareholder meeting over its investments

BERN, April 26 (Reuters) - Climate campaigners picketed the Swiss National Bank's shareholders meeting on Friday to protest against the central bank's investments in companies they say damage the environment and carry out fracking.

UK earnings, trading statements calendar - next 7 days

Namibia excites oil firms by opening up new frontier basin

WINDHOEK, April 24 (Reuters) - Oil companies are flocking to Namibia, excited by the country's plans to open up a major new frontier basin with recent offshore finds ranking among the largest this century.

Namibia to finalise local participation policy for oil and gas sector by Dec

WINDHOEK, April 24 (Reuters) - Namibia expects to finalise its policy on local participation in the oil and gas sector by year-end, the energy minister said on Wednesday, as the country looks to industrialize and share economic benefits to its people.

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

LONDON, April 24 (Reuters) - Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.

OPEC excited about Namibia partnership, offers support

WINDHOEK, April 24 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) is excited about a potential partnership with Namibia and ready to support the southern African country in its oil journey, OPEC Secretary General Haitham Al Ghais said on Wednesday.

Nigeria's NNPC resumes Awoba oil output, targeting 12,000 bpd

ABUJA, April 23 (Reuters) - Nigeria's NNPC and joint venture partner Newcross Exploration and Production have resumed output at the Awoba oilfield that ceased operations in February 2022 due to oil theft that curbed exports, the state oil company said on Tuesday.

Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report

TOKYO, April 23 (Reuters) - Japan's Mitsui & Co said on Tuesday nothing has been decided on a liquefied natural gas (LNG) project in the United Arab Emirates, after the Nikkei reported it was teaming up with Abu Dhabi National Oil Company (ADNOC) on it.

Britain's FTSE 100 blue-chip stock index hits record high

LONDON, April 23 (Reuters) - Britain's blue-chip FTSE 100 index hit a record high on Tuesday, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to top U.S. earnings later in the week.

Oman LNG signs supply deal with TotalEnergies

DUBAI, April 22 (Reuters) - Oman LNG and TotalEnergies, one of its shareholders, have signed a sale and purchase agreement to supply 800,000 metric tons per year of liquefied natural gas, the companies said on Monday.

Investors push Equinor to align strategy with global climate goal

Comes as company plans to expand production

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Investors push Equinor to align strategy with global climate goal

Comes as company plans to expand production

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Oman LNG signs supply deal with TotalEnergies

DUBAI, April 22 (Reuters) - Oman LNG and TotalEnergies, one of its shareholders, have signed a sale and purchase agreement to supply 800,000 metric tons per year of liquefied natural gas, the companies said on Monday.