To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.
Shell announced that it will write off up to $5 billion after announcing its decision to exit Russia.
Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.
PTTEP International, a subsidiary of the Thai national energy company PTT, confirmed it decision to take over the operatorship of Yadana and MGTVC in addition to TotalEnergies' share in Yadana.
Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government ...
Shell company announced that it will put profits from any Russian oil it purchases into funding humanitarian aids to Ukraine.
The Board of Shell has announced its intention to close its working activities from Russia and exit its joint ventures with Gazprom and related entities due to Russian invasion's to Ukraine.
On the sidelines of EGYPS 2022, Shell has signed two memoranda of understanding (MoUs) to cooperate with the Egyptian government on decarbonization and building capabilities.
The global trade in liquefied natural gas (LNG) increased by 6% to 380 million tons during 2021 as many countries recovered from the economic impact of the COVID-19 pandemic.
Shell announced that it has won the highly commended project within the Best Community Care Programme Award, which is one of the HSE Excellence Awards at EGYPS 2022.
