Reuters

Shell needs big discovery or deals as oil, gas reserves dwindle

LONDON, Feb 9 (Reuters) - Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to ...
Reuters

Shell picks PwC as auditor to replace EY

LONDON, Feb 6 (Reuters) - Shell (SHEL.L), opens new tab has chosen PricewaterhouseCoopers (PwC) as its next auditor after a tender process, with PwC set to replace EY from 2027, the oil major said on ...
Crude Oil Prices

Shell’s Oil Reserves Have Dropped To Lowest Levels Since 2013

British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves fell to the lowest levels since 2013, exposing the company to a production ...
Crude Oil Prices

Shell Maintains Buybacks Despite Weakest Earnings in Years

Solid cash flow allowed Shell (NYSE: SHEL) to keep the pace of its quarterly share buybacks and raise dividend despite posting weaker-than-expected earnings for the fourth quarter that were the lowest ...
Wall Street Journal

Shell Keeps $3.5 Billion Buyback Despite Slide in Earnings

Shell SHEL1.17%increase; green up pointing triangle maintained its $3.5 billion quarterly buyback despite lower oil prices hitting earnings. Energy companies are positioning themselves for a period of ...
The Independent

Shell profits slump by more than a fifth amid oil price rout

Shell has laid bare the impact of last year’s tumbling oil prices as it reported a worse-than-expected 22% plunge in annual profits. The oil giant said underlying earnings – which strips out some ...
Yahoo Finance

Shell Sprng Energy Sale Weighs Renewables Versus Cash Returns For Investors

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Shell is exploring a sale of Sprng Energy, with major investors reportedly ...
CNBC

Oil giant Shell posts weakest quarterly profit in nearly five years, keeps buybacks steady

British oil giant Shell posted adjusted earnings of $3.26 billion for the fourth quarter, missing analyst expectations. The London-headquartered firm maintained its quarterly share buyback of $3.5 ...
The Financial Times

Shell dumps EY after breach of independence rules

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell has dropped EY as its auditor just weeks after the UK accounting regulator announced an investigation ...
Yahoo Finance

Shell Tightens Focus On Core Assets As Valuation Gap Persists

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Shell CEO Wael Sawan says the company does not need new acquisitions to meet its ...
Bloomberg L.P.

Shell to Pause Kazakh Oil and Gas Investments Amid Disputes

Shell Plc will pause investment in Kazakhstan as it navigates legal claims from the OPEC+ nation against oil majors that could stretch into the billions of dollars, Chief Executive Officer Wael Sawan ...
Seeking Alpha

Shell CEO says no need to buy assets anytime soon, as near-term shortfall largely covered

Shell (SHEL) does not need to buy additional assets anytime soon to deliver on its 2030 targets, as the company has largely covered an anticipated near-term shortfall, CEO Wael Sawan said Tuesday at ...