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Royal Dutch Shell

Brazil authorizes Shell, Gerdau to import LNG
Markets

Brazil authorizes Shell, Gerdau to import LNG

  • The authorization was granted by the Mines and Energy Ministry for a total volume of up to 36.5 million cubic meters. The permit is valid through March 31, 2024 and limited to liquefied gas, the notice said.
  • Royal Dutch Shell is expected to import LNG by sea and sell the product to operators of thermal power plants, gas distributors and consumers in the unregulated natural gas market.
Published 17 Mar, 2021 07:21pm
UK shares up ahead of budget
Markets

UK shares up ahead of budget

LONDON: British shares rose on Wednesday, buoyed by gains in commodity and banking stocks, while investors awaited...
Published 04 Mar, 2021 04:58am
Energy stocks drag FTSE 100
Markets

Energy stocks drag FTSE 100

LONDON: London’s FTSE 100 inched lower on Tuesday, dragged down by energy stocks as oil prices slipped over fears...
Published 03 Mar, 2021 05:49am
European stocks fall
Markets

European stocks fall

LONDON/MILAN: European stocks benchmark fell on Tuesday after recording its strongest session in four months a day...
Published 03 Mar, 2021 05:49am
Shell in Germany seeks to speed up drive to go green
Business & Finance

Shell in Germany seeks to speed up drive to go green

  • Aims to produce clean aviation fuel, naphtha.
  • To scale up 10 MW electrolysis at Wesseling to 100 MW.
  • Eyes several hundred million euros a year of spending.
  • To create carbon-free delivery chains for transport fuel.
  • Ties in with moves into electricity market.
Published 26 Feb, 2021 06:58pm
FTSE 100 climbs
Markets

FTSE 100 climbs

LONDON: London’s FTSE 100 rose on Thursday, helped by mining and energy stocks that tracked higher commodity...
Published 26 Feb, 2021 05:20am
FTSE 100 falls
Business & Finance

FTSE 100 falls

LONDON: London’s FTSE 100 fell on Monday as higher commodity prices sparked fears of a spike in inflation, while...
Published 23 Feb, 2021 05:20am
Nigerians win UK court OK to sue Shell over oil spills
World

Nigerians win UK court OK to sue Shell over oil spills

  • The ruling comes almost two years after a seminal ruling by the Supreme Court in a case involving mining company Vedanta.
  • The judgment allowed nearly 2,000 Zambian villagers to sue Vedanta in England for alleged pollution in Africa.
Published 12 Feb, 2021 05:35pm