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SHEL LATEST HEADLINES
Shell's (SHEL) strategic shift transforms the Wesseling site into a cutting-edge base oil plant, aligning with its sustainability goals and positively impacting the European Union's demand.
Shell's exit from Nigeria's onshore oil sector highlights risks oil majors face in Africa's biggest exporter but has raised hopes that local firms could reverse the output decline from the Niger Delta, industry officials and analysts said.
There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell (SHEL) and Eni (E).
While Shell (SHEL) is optimistic about its integrated gas trading and production segments, it cautions that the chemicals and products segment is expected to report an adjusted earnings loss in Q4.
Barclays thinks while Shell's “first sprint” under the new leadership appears to be going well with an increased focus on competitiveness, discipline and costs, there is also more to do to close the performance gap. It believes two assets, Prelude LNG and the Pennsylvania cracker, could account for a c$3 billion earnings gap on its estimates.
Houthi attacks create waves of uncertainty in Red Sea shipping, prompting major companies to reassess routes and security measures. An unpredictable situation raises market concerns.
In the closing of the recent trading day, Shell (SHEL) stood at $61.18, denoting a +0.11% change from the preceding trading day.
Shell (SHEL) starts trimming its workforce to enhance operational efficiency and drive performance.
A key component of income investing is a portfolio that includes safe dividends, those that are unlikely to shrink or disappear.
A pipeline owned by Shell's subsidiary in Nigeria has spilled crude oil in the Niger Delta following a leak, the country's spills agency and an environmental group said on Saturday.