Newsfeeds Archive - Page 3 of 21

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News

Reliance Buys Its First Canadian Crude To Load From New Trans Mountain Pipeline From Shell; Shell To Deliver 2M Barrels Of Access Western Blend Crude To Reliance In July – Sources

April 29, 11:11 AM

Reliance Industries RELI.NS has bought 2 million barrels of Canadian crude from Shell for July delivery, marking the Indian refiner's first oil purchase from Canada's new Trans Mountain pipeline, trade sources

SHEL

2 minute read

Legal Battle Unmasks Shell’s Under-The-Radar Oil Trading Earnings: Report

By Shivani Kumaresan

April 29, 6:48 AM

Unveiled in a Texas court, documents from a former employee's lawsuit against Shell PLC expose the financial intricacies of its expansive oil and gas trading arm. Testimony by ex-division head John Dimech sheds light on substantial profits, with annual figures ranging from $950 million to $1 billion. This glimpse into Shell's closely-guarded trading operations highlights its significant contributions to overall U.S. pre-tax profits.

SHEL

1 minute read

Shell, Nigeria Ink Gas Deal To Fuel $3.8B Methanol Project: Report

By Lekha Gupta

April 18, 12:13 PM

Shell plc reportedly inked a deal with the Nigerian government to supply gas to the proposed $3.8 billion Brass methanol facility.

HAP

2 minute read

Shell Defends Climate Goals, Rejects Shareholder Resolution As Damaging

By Lekha Gupta

April 17, 2:14 PM

Shell rejects shareholder resolution for tighter climate targets, stating it goes against good governance and could have negative impact on customers and energy security.

SHEL

2 minute read

Shell, Freeport-McMoRan, Steel Dynamics And More On CNBC’s ‘Final Trades’

By Avi Kapoor

April 16, 9:01 AM

On CNBC’s "Halftime Report Final Trades," Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Shell plc (NYSE: SHEL) is trading at nine tim

FCX

2 minute read

Amgen, Shell And More On CNBC’s ‘Final Trades’

By Avi Kapoor

April 15, 8:29 AM

On CNBC’s "Halftime Report Final Trades," Amy Raskin of Chevy Chase Trust said Shell plc (NYSE: SHEL) has 12% free

AMGN

3 minute read

What the Options Market Tells Us About Shell

By Benzinga Insights

April 12, 2:47 PM

Financial giants have made a conspicuous bullish move on Shell. Our analysis of options history for Shell (NYSE:SHEL)…

SHEL

2 minute read

Top 3 Energy Stocks That May Crash In Q2

By Avi Kapoor

April 10, 8:34 AM

As of April 10, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

EGY

1 minute read

Shell’s LNG Trading Update Reveals Surprising Shifts: Details

By Lekha Gupta

April 5, 6:45 AM

Shell plc updated its Q1 FY24 outlook, with lower results expected from its LNG trading business. Integrated Gas and marketing outlooks were also adjusted.

SHEL

1 minute read