Shell's robust in-house trading operation has delivered a flawless record over the past decade, with not a single quarter reporting a loss, according to CEO Wael Sawan. The London-based energy giant, ...
Investors’ confidence in indigenous operators may have received a boost as Shell Western Supply and Trading expressed ...
LONDON, Feb 23 (Reuters) - Nearly a third of Shell's SHEL.L profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ...
Shell Plc said earnings from gas trading would be significantly higher in the fourth quarter, but profits from buying and selling oil products and chemicals will be lower. The London-based major said ...
Shell warned that a weak oil trading performance would drag on its earnings and narrowed guidance for its liquefied natural gas production. The London-based energy giant Thursday said its ...
Shell (NYSE:SHEL) -3.5% to its lowest in nearly a month after saying it expects Q2 earnings will be dragged down by "significantly lower" trading in its core integrated gas trading division compared ...
Shell's earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors' results over the third quarter.
A former employee’s lawsuit against oil giant Shell PLC (NYSE:SHEL) has reportedly peeled back the curtain on the financial intricacies of its expansive oil and gas trading enterprise. The lawsuit ...
Shell stock is currently showing a strongly bearish trend, as its share price of $64.68 is trading below the key five, 20 and 50-day exponential moving averages, signaling ongoing selling pressure.
Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season. Oil trading results for the ...
LONDON (Reuters) - Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and ...