Scott Barbour/Getty Images News Shell (NYSE:SHEL) said Tuesday it made a final investment decision on the Manatee project, an undeveloped natural gas field offshore Trinidad and Tobago, which it said will bolster its liquefied natural gas portfolio. Shell (SHEL) said Manatee will allow it to grow its integrated gas businessContinue Reading
CHUNYIP WONG European energy majors Shell (NYSE:SHEL), BP (BP) and TotalEnergies (TTE), as well as Japan’s Mitsui (OTCPK:MITSF) (OTCPK:MITSY), have agreed to buy a 10% stake each in Abu Dhabi National Oil Co.’s Ruwais liquefied natural gas plant, Bloomberg reported Friday. The United Arab Emirates currently has just 5.8M tonsContinue Reading
Scott Barbour/Getty Images News Shell (NYSE:SHEL) expects to book a post-tax impairment charge of up to $2 billion after pausing construction of a major biofuels production facility in the Netherlands earlier this week. The British oil major estimates an impairment after tax between $1.5 billion and $2 billion mainly dueContinue Reading
Technip Energies (OTCPK:THNPY) and Shell Catalysts & Technologies enter into a technology transfer agreement to acquire glycol purification technology from the latter. The development allows combining Shell’s research and development results with Technip Energies’ bio-MEG technology to offer a more efficient, bio-based MEG technology to the market. The new combinedContinue Reading
Scott Barbour/Getty Images News Shell (NYSE:SHEL) said Wednesday it made a final investment decision to build two carbon capture and storage projects in Canada, citing the projects as important steps in reducing emissions from its operations. Shell (SHEL) said the Polaris carbon capture project at the Shell Energy and ChemicalsContinue Reading
