Weaker refining, gas trading to hit Shell’s Q3 results LONDON: Shell said on Thursday its third-quarter profits would be pressured by a sharp drop in refining margins and... Published 06 Oct, 2022 11:44am
Markets Philippines sees 3 LNG import terminals starting operations in early 2023 MANILA: Three government-approved LNG import terminal projects in the Philippines are expected to begin commercial... Published 27 Sep, 2022 12:17pm
Business & Finance Shell CEO to step down, hand reins to renewables chief LONDON: Shell on Thursday announced the exit of chief executive Ben van Beurden as the British oil and gas giant... Published 19 Sep, 2022 05:45am
Markets Miners and energy stocks help FTSE 100 end volatile week higher LONDON: UK’s blue-chip index ended higher on Friday, as a surge in energy and mining stocks capped a volatile week... Published 12 Sep, 2022 06:01am
Markets UK’s FTSE 100 falls as weak oil drags on commodity-linked stocks Energy and mining stocks fall Rio Tinto to face US lawsuit Published 08 Sep, 2022 05:43am
Business & Finance Shell announces HY-2022 results KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced the Company’s half year results on ... Published 18 Aug, 2022 05:26am
Markets Nigerian president withholds approval of Exxon Mobil's asset sale ABUJA: Nigeria's President Muhammadu Buhari has withheld his initial approval of Exxon Mobil's sale of local ... Published 11 Aug, 2022 10:45pm
Markets Cyclical rally drives FTSE 100 to 2-month closing high LONDON: Britain’s blue-chip index closed at a two-month high on Monday, boosted by economically sensitive sectors... Published 09 Aug, 2022 03:37am
Markets Shell defers Prelude LNG turnaround due to industrial action MELBOURNE: Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied... Published 08 Aug, 2022 11:25am
Markets Shell boosts oil and gas asset value as refining soars LONDON: Shell said on Thursday said it would reverse up to $4.5 billion in writedowns on oil and gas assets after it... Published 07 Jul, 2022 12:34pm
Markets Shell joins Qatar’s giant gas project DOHA: Shell joined Qatar Energy’s $29 billion project to expand production at the world’s biggest natural gas... Published 06 Jul, 2022 07:11am
Markets Shell joins Qatar’s giant gas project DOHA: Shell joined Qatar Energy’s $29 billion project to expand production at the world’s biggest natural gas field... Published 05 Jul, 2022 06:18pm
Markets FTSE 100 rises LONDON: London’s FTSE 100 rose on Monday, boosted by gains in financial and energy stocks, after the blue-chip... Published 21 Jun, 2022 05:51am
Markets Germany’s refinery dilemma tests Russian oil ban resolve BERLIN: Germany is struggling to find a way to wrest control of a Russian-owned refinery that supplies most of... Published 15 Jun, 2022 08:28am
Markets Russian diesel discount spreads to European barge market LONDON: A steep discount in Russian diesel prices compared with fuel produced by other countries has spread to the... Published 02 Jun, 2022 06:19am
Markets Shell in talks with Indian consortium to sell Russian LNG plant stake LONDON: Shell is in talks with a consortium of Indian energy companies to sell its stake in a major liquefied ... Published 27 May, 2022 05:50am
Markets UK stocks hit by global gloom LONDON: UK’s FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares... Published 25 May, 2022 04:40am
Markets UK’s FTSE 100 rises on commodity stocks rally LONDON: Britain’s FTSE 100 ended higher on Wednesday as energy and mining shares rallied on the back of higher... Published 12 May, 2022 05:40am
Markets Russian oil: German PCK Schwedt oil refinery faces run cuts: Shell CEO LONDON: Germany’s 233,000 barrel-per-day PCK Schwedt oil refinery is set to reduce runs without Russian barrels,... Published 09 May, 2022 05:39am
World Shell obtains injunctions against UK climate protests LONDON: Shell has obtained injunctions from UK courts that pave the way for protesters to be fined or put in prison... Published 07 May, 2022 06:49am
Markets Sliding pound supports FTSE 100 after BoE flags recession risk LONDON: Britain’s blue-chip index closed slightly higher on Thursday, supported by strong earnings from energy... Published 06 May, 2022 05:03am
Markets Shell posts record quarterly profit, lifted by energy price surge LONDON: Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas... Published 06 May, 2022 05:03am
Markets Shell posts record profit on high energy prices and trading boost LONDON: Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas... Published 05 May, 2022 11:43am
Business & Finance Shell buys Indian renewables firm Sprng Energy for $1.55bn LONDON: Shell on Friday agreed to acquire India-based renewable power platform Sprng Energy for $1.55 billion,... Published 30 Apr, 2022 07:17am
World Climate activists block four of London’s bridges LONDON: UK climate activist group Extinction Rebellion on Friday shut down four of London’s busiest bridges,... Published 16 Apr, 2022 04:10am
Markets India’s IOC buys 7m barrels of crude via tenders SINGAPORE: Indian Oil Corp, the country’s top refiner, has purchased a total of 7 million barrels of crude via... Published 14 Apr, 2022 04:55am
Markets Shell drags FTSE 100 lower LONDON: Britain’s FTSE 100 slid on Thursday, weighed down by oil major Shell after it flagged a bigger writedown... Published 08 Apr, 2022 05:28am
Markets Energy giant Shell hikes Russian exit hit to $5bn LONDON: Shell on Thursday warned that its exit from Russia over the Ukraine war would cost the British energy giant... Published 08 Apr, 2022 05:28am
Markets Shell filed appeal against landmark Dutch climate ruling LONDON: Energy major Shell has filed its appeal against a Dutch court ruling that ordered the oil, gas and fuel... Published 30 Mar, 2022 06:08am
Markets FTSE 100 ends higher LONDON: Britain’s FTSE 100 closed higher on Monday as surging oil prices boosted energy stocks, although concerns... Published 22 Mar, 2022 05:21am