Browsing Tag
Shell
103 posts
Aditya Birla reportedly seeks $1.5bn rupee loans for Shell renewables acquisition
Aditya Birla Renewables is reportedly shifting toward longer-dated project-level rupee debt before completing its acquisition of Shell’s Sprng Energy platform, potentially lowering financing costs while distributing borrowings across individual renewable assets.
Transocean adds $1.1bn to firm backlog as Equinor and Shell contracts strengthen Norway position
Transocean adds about $1.1 billion to firm backlog through Equinor and Shell contracts. Find out what the awards could mean for RIG investors.
Canada targets India trade deal by year-end as LNG, nuclear and critical minerals talks deepen
anada says an India trade agreement could be completed by year-end as LNG, nuclear energy and critical minerals move to the centre of negotiations.
Australia softens gas reservation plan to up to 20% as start moves to January 2028
Australia has revised its proposed national gas reservation regime from an effectively fixed 20% export obligation to a flexible ceiling of up to 20%, targeting domestic supply equal to 110% of forecast demand while postponing exporter obligations until January 1, 2028.
Shell, QatarEnergy and Sonangol carve up Angola Blocks 8 and 22 in new offshore pact
QatarEnergy has signed an agreement to take 30% interests in Angola’s offshore Blocks 8 and 22 alongside 50% operator Shell and 20% partner Sonangol, adding another country to its international exploration portfolio while the transaction remains subject to government approvals and final contractual arrangements.
Offshore oil and gas is quietly replacing vessel days with subsea robots
Resident subsea robots, autonomous inspection vehicles and remotely operated uncrewed vessels are beginning to perform offshore oil and gas work once tied to large support vessels and offshore crews. Commercial operations involving Equinor, Saipem, Reach Subsea and Oceaneering International show how robotics could reduce vessel days, personnel exposure and inspection costs, although intervention capability, subsea infrastructure, communications and regulatory acceptance still determine how far vessel-free operations can go.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
Ruwais LNG Project: Abu Dhabi’s 9.6Mtpa export plant advances toward 2028 start-up
The Ruwais LNG Project in Al Ruwais Industrial City, Abu Dhabi is a 9.6Mtpa ADNOC-led export development backed by bp, Mitsui, Shell and TotalEnergies, with commercial operations scheduled to start in 2028.
Viva Energy (ASX: VEA) 1H26: EBITDA jumps to A$780m as Geelong refining margins surge
Viva Energy's 1H26 EBITDA leaps to A$770-780m as Geelong margins hit US$21.1/bbl, but management flags fading 2H26 hedging tailwinds and refinery risk.
Viva Energy (ASX: VEA) shares slide as Iran pause unwinds the Geelong refining margin trade
Brent's Iran-pause slump looks like a Viva Energy tailwind, but the Asian product dislocation that lifted Geelong to US$23.9 per barrel is unwinding first.