Browsing Tag
Shell
90 posts
Audit shadow falls over TotalEnergies Mozambique LNG as government rejects $2bn claim
Mozambique rejects $2B in TotalEnergies LNG overrun claims after Bayphase audit, threatening the 2029 restart of the $20B Cabo Delgado project. Read more.
BP loses third chair in three years as Albert Manifold removed for governance failings
BP fired Chair Albert Manifold over governance and conduct concerns, handing activists a fresh weapon as Meg O'Neill's reset faces its first real test.
Venture Global (NYSE: VG) climbs to $14.23 as LNG offtake wave meets contracted-volume reset
Europe needs replacement gas. Venture Global locked 84 percent of 2026 volumes into contracts. The leverage is the catch, and CP2 first LNG is the prize.
Shell (LSE: SHEL) gains 0.27% as billion-barrel oil deficit thesis holds firm into AGM next Tuesday
Sawan says the oil deficit is deepening every day. ARC just added 370,000 boe/d. The May 19 AGM is where Shell's capital return discipline meets war-time arithmetic.
BP (LSE: BP.) climbs 1.4% as Uzbekistan upstream entry and analyst upgrades override the ex-dividend mechanical drag
Iran war doubled BP's profit. Castrol is sold. Uzbekistan is in. Citi says $15bn of disposals are coming. Meg O'Neill's reset may finally have a plan.
Equinor delivers record production and $9.7bn adjusted operating income, but Q1 sell-off exposes investor doubt on cash conversion
Equinor posted record Q1 production and USD 9.77 billion adjusted income. So why did EQNR shares fall 9%? The cash flow tells the harder story.
Equinor brings Eirin field online as Norway accelerates marginal-field strategy to defend Europe’s gas supply
A field abandoned in 1978 is now feeding Europe's gas grid. Equinor's Eirin tells you what Norway's North Sea strategy looks like in 2026.
European oil majors abandon unified energy transition framework as TotalEnergies, Shell, BP, Eni and Equinor pursue different paths
TotalEnergies hikes dividends. Shell buys back stock. BP retreats from transition. Eni engineers sell-downs. Equinor exits wind. Same oil price, five answers.
OKEA ASA posts $36m Q1 profit as Brage hits 14-year production high, Statfjord impairment reversed
OKEA reversed a $154M impairment and posted Q1 profit, but hedge losses and a parked dividend reveal the harder trade-off beneath Brage's 14-year production high.
BP. shares near 12-year high as Q1 2026 trading statement signals exceptional oil trading windfall and stronger refining margins
BP plc (BP.) flags exceptional Q1 2026 oil trading and stronger refining margins but warns net debt could reach $27bn. Read the full analysis.