A group of investors has tabled resolutions urging four of the world's top oil and gas companies to set broad climate targets for 2030, reviving pressure on the sector after a year that saw governments shift their focus to energy security.
French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows.
Europe's two largest energy companies Shell and TotalEnergies reported profits of more than $9 billion in the third quarter, though Shell's liquefied natural gas (LNG) division struggled to capture the benefits of high fuel prices.
Ben van Beurden, who leaves Shell at the end of this year, was addressing the Energy Intelligence Forum industry gathering.
Net profit hit $9.3 billion in the three months to June -- a threefold increase from the same period last year, the company said in a results statement.
Shell on Thursday reported a second-quarter profit of $11.5 billion.
A U.S. appeals court on Friday said Exxon Mobil Corp and Royal Dutch Shell Plc affiliates may try to enforce part of a $1.8 billion arbitration award against Nigeria's state-run oil company, in a dispute concerning oil extraction near the African country's coastline.
Shell said on Thursday it would reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its energy prices outlook following Russia's invasion of Ukraine.
Big Oil had a good year in 2018, helped mostly by higher oil prices.
Consortium also includes: Baringa, Flexitricity, Kiwi Power, Northern Powergrid, Open Energi, Statkraft and UK Power Networks.
On Top of the World music video features Jennifer Hudson, Luan Santana, Pixie Lott, Yemi Alade and Monali Thakur.
A European-wide plan to install 400 electric car charging stations has just been given a boost: Shell has signed on.
Babur Ozden, co-founder of Maana, who works with the biggest names in the oil and sector believes it's wrong to presume the industry trails digitally.
Multimillion dollar IPO expected stateside as oil major bids to raise cash.
Report claims the move is caused by shift in the oil and gas giant's business model.
Ben Van Beurden believes move to electrify the economy is a good thing.
Shell, Total, Statoil and Repsol post encouraging quarterly financials and hint at recovery from three-year long decline.
Reports say oil giant and technology company among several others bidding for Equis Energy.
First stations to get chargers will be in Greater London and Derby.
As automation and robotics adoption rises in oil and gas business, mechanical creatures could herald changes.
A subsidiary of Royal Dutch Shell has made payment of $9,500 to the families of each person.
Don't be tone deaf to energy transition concerns of emerging economies, Ben van Beurden tells the World Petroleum Congress.
