Shell (NYSE:SHEL) is preparing to cut the workforce at its offshore wind business, The Telegraph reported late Tuesday, after being hit by cost increases that have affected the entire offshore wind ...

Shell plc SHEL, one of the world's most prominent energy giants, has announced it will scale back its involvement in new offshore wind investments in a move that marks a significant departure from its ...

Shell faces a significant risk of long-term losses from its large-scale green hydrogen projects amid failing EU industrial strategies and uncertain demand. Despite a Q3 net income rise, SHEL's overall ...

London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder ...

Shell has submitted its core environmental report to South Africa’s authorities covering a high-profile exploration campaign in the Orange basin. The government has until June 2025 to grant ...

Shell increased shareholder payouts through dividends and a share buyback program despite a dip in earnings. The company's spending on renewable energy projects decreased, while payouts to ...

Power Purchase Agreements (“PPA”) have become an integral tool in the renewable energy sector, especially in Italy. These long-term contracts enable businesses to purchase electricity directly from ...

Egypt has moved a step closer to establishing its first commercial-scale sustainable aviation fuel (SAF) plant after Shell signed a long-term agreement to purchase SAF from Green Sky Capital, a ...