But with the outlook for oil and gas prices uncertain because of the coronavirus pandemic and a shift to cleaner energy, finding buyers and striking deals might prove tricky. “This is not a very good time to sell assets,” Total CEO Patrick Pouyanne said while presenting the French giant’...
But today, Shell’s heavy-handed legal tactics failed, as Greenpeace International successfully went ahead with plans to escalate its protest by adding two more climbers to occupy the company’s oil and gas platform – using other boats unaffected by the court order. Protestors are demanding that...
And while they’re at it, they’ll also keep pouring money into deepwater oil and gas projects with Petrobras, because why settle for biofuels when you can still extract oil like it’s 1950? read more Share this: Facebook Twitter Email Print Like this: Loading...This website and ...
7:45 amPartner Egdon Resourcessaidthe survey of the Resolution and Endeavour gas discoveries would take place in February 2022, rather than in the first quarter of this year.
Russia is not forcing Shell to buy its gas. Shell is also a big investor in solar power and is a 50% owner in offshore wind farms Atlantic Shores in New Jersey and the Mayflower Consortium in Massachusetts. Kenneth Rapoza Senior Contributor: Dec 28, 2019 Last week’s announcement from th...
The tender for the wind farms, with total capacity of 750 megawatts (MW), is open until March 14 for bids that require no subsidies on electricity prices. The Dutch were among the first to offer a ‘zero subsidy’ tender for wind power in 2017, with Sweden’s Vattenfall winning the righ...
Royal Dutch Shell’s (NYSE: RDS.A) Integrated Gas business accounts for 20% of the company’s value, according to our estimates. LNG price movement is closely related to that of crude oil prices. As such, the average price realization for LNG was lower in 2015 and 2016. However, a rec...
An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun today following submission by Shell U.K. Limited (“Shell”), the field’s operator, of a comprehensive decommissioning programme to the Department for Business, Energy...
The oil company Shell lied to a Dutch court about steps taken to minimize the risk of oil spills during a court case brought against the multinational oil and gas company by four Nigerian farmers and Friends of the Earth, lawyers acting for the claimants alleged today. Friends of the Earth...