Shell boosts dividend after $28 billion profit for 2023
By Ron Bousso LONDON (Reuters) -Shell reported a $28 billion profit for 2023 on Thursday...
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Putin clears Rosbank’s purchase of Societe Generale’s Russian assets
MOSCOW (Reuters) -Russian President Vladimir Putin on Sunday signed a decree clearing the way for...
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US launches Red Sea force as ships reroute to avoid attacks
By Phil Stewart and John Davison MANAMA/DUBAI (Reuters) – The United States on Tuesday launched...
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California sues oil giants for downplaying risks posed by fossil fuels
(Reuters) -The state of California has sued major oil companies including Exxon Mobil Corp, Shell...
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U.S. gasoline prices at year high, tight supply weighs on motorists
By Laura Sanicola and Shariq Khan (Reuters) – U.S. motorists hoping to squeeze out one...
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Chevron opted to buy vs build US LNG processing – gas executive
(Corrects 2nd paragraph to make it “June 2022” instead of “last month”) By Curtis Williams...
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Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract...
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Oil supply won’t be affected by stricter price cap enforcement – IEA
By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does...
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Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term...
Commodities
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Shell, Equinor profits beat forecasts as trading offsets lower energy prices
By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and...