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赵刚会见壳牌集团执行副总裁曲雪梅一行
Shan Xi Ri Bao· 2026-02-27 00:44
省政府秘书长吕来升,省直有关部门和相关企业负责同志参加会见。(记者:孙鹏) 曲雪梅感谢陕西多年来给予壳牌的支持,表示将立足企业自身优势,进一步加强同陕西的务实合 作,助力陕西高质量发展。 2月26日,省长赵刚在西安会见了省政府国际高级经济顾问、壳牌集团执行副总裁、壳牌中国集团 主席曲雪梅一行。 赵刚对曲雪梅一行来陕表示欢迎,对壳牌集团长期以来为陕西经济社会发展特别是能源产业转型发 展作出的贡献表示感谢。他说,当前陕西正深入学习贯彻习近平总书记历次来陕考察重要讲话重要指示 精神,大力推进能源产业高端化、多元化、低碳化发展,聚力打造万亿级现代能源产业集群,加快构建 新型能源体系。壳牌集团在能源领域具有独特优势,与陕西合作基础良好、合作前景广阔。希望企业坚 定在陕投资发展信心,与我们一道抢抓发展机遇,不断拓展合作的广度深度,携手开创共赢发展新局 面。陕西将始终秉持开放合作的理念,持续优化营商环境,为壳牌在陕发展提供优质、高效服务。 ...
Shell inspects subsea equipment at curtailed Ormen Lange gas field
Reuters· 2026-02-26 14:38
Shell inspects subsea equipment at curtailed Ormen Lange gas field | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of oil and gas company Shell is seen at a charging station in Brussels, Belgium November 13, 2024. REUTERS/Yves Herman [Purchase Licensing Rights, opens new tab]- Companies[Ormen Lange Gas Field]Follow[Shell PLC]FollowOSLO, Feb 26 (Reuters) - Shell is currently troubleshooting parts of the subsea system at its ...
Shell reviewing some of its Shell Ventures portfolio with option to sell, sources say
Reuters· 2026-02-26 12:15
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Shell reviewing some of its Shell Ventures portfolio with option to sell, sources say February 26, 202612:15 PM UTCUpdated ago By Stephanie Kelly A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse Purchase Licensing Rights, opens new tab LONDON, Feb 26 (Reuters) - Shell (SHEL.L), opens new ...
Shell (SHEL) – Among the Best LNG Stocks to Buy Now
Yahoo Finance· 2026-02-26 01:31
Shell plc (NYSE:SHEL) is included among the 14 Best LNG Stocks to Buy Now. Shell (SHEL) - Among the Best LNG Stocks to Buy Now Shell plc (NYSE:SHEL) is an integrated energy company with operations spanning exploration, production, refining, marketing, and chemical manufacturing, alongside growing investments in biofuels and hydrogen. On February 6, Wells Fargo slightly reduced its price target on Shell plc (NYSE:SHEL) from $78 to $77, while maintaining an ‘Equal Weight’ rating on the shares. The analyst ...
Shell ready for bigger backstop of Brazil sugar-ethanol JV Raizen, sources say
Reuters· 2026-02-25 19:27
Core Viewpoint - Shell is prepared to increase its financial support for the struggling Brazilian sugar and ethanol producer Raizen, which is facing significant financial challenges and uncertainty regarding its operations [1][2]. Financial Situation of Raizen - Raizen reported a third-quarter net loss of 15.6 billion reais (approximately $3 billion) in mid-February, indicating severe financial distress [2]. - The company's net debt reached 55.3 billion reais by the end of December, attributed to heavy investments, erratic weather, and wildfires that negatively impacted harvests and crushing volumes [3]. Shell's Financial Commitment - Initially, Shell was willing to inject 2.5 billion reais into Raizen but has since increased its offer to up to 3.5 billion reais, contingent on certain conditions [3][4]. - Shell and its joint-venture partner Cosan each own 44% of Raizen, with Cosan potentially contributing 1 billion reais and Raizen's chairman, Rubens Ometto, possibly providing another 1 billion reais, depending on ongoing negotiations [4][5]. Strategic Alternatives and Credit Ratings - Raizen has engaged law firms and financial advisers to explore strategic alternatives, which has led to credit rating downgrades by major agencies such as S&P Global, Fitch, and Moody's [5][6]. - Moody's highlighted Raizen's high leverage, cash burn, and high interest burden as key factors in its weaker-than-usual results in the core sugar-ethanol segment [6].
Shell and METLEN sign MoU for LNG supply cooperation
Yahoo Finance· 2026-02-25 14:15
Group 1 - Shell and METLEN have formalized a memorandum of understanding (MoU) to cooperate on the supply and trading of liquefied natural gas (LNG), covering an annual supply of between 500 million and one billion cubic meters (bcm) from 2027 to 2031 [1] - The MoU aims to enhance Europe's energy resilience and support Greece's development as a key energy hub in the region, as stated by METLEN's executive chairman [3] - The signing of the MoU was attended by high-profile officials, including Greece's Minister of Environment and Energy and the US Secretary of Energy, indicating the significance of this collaboration [4] Group 2 - Deliveries from the MoU will be directed to Greece's LNG regasification facilities at Revithoussa and Alexandroupolis, with plans to utilize the Vertical Gas Corridor to access broader European markets [2] - The Alexandroupolis floating storage and regasification unit (FSRU) has a regasification capacity of up to 5.5 bcm per year, contributing to the region's gas supply [3] - The Vertical Gas Corridor initiative aims to enhance connectivity between Greece and several Eastern European countries, providing an alternative gas supply route into Europe [5] Group 3 - Shell remains a major purchaser of US LNG, with significant shipping capacity and a large market portfolio, indicating its strong position in the LNG market [6] - According to Shell's LNG outlook, global demand for LNG could increase by approximately 60% by 2040, driven by economic growth in Asia and emissions reduction efforts [6]
Stock Market Today: Dow Jones, Nasdaq 100 Futures Rise After Trump's State Of The Union Address—Nvidia, HSBC, Workday In Focus
Benzinga· 2026-02-25 10:14
Market Overview - U.S. stock futures rose on Wednesday after a positive close on Tuesday, with all major benchmark indices showing gains [1] - The Dow Jones increased by 0.14%, S&P 500 by 0.16%, Nasdaq 100 by 0.20%, and Russell 2000 by 0.42% [3] Company Performance - Workday Inc. (NASDAQ: WDAY) saw a premarket decline of 9.51% despite reporting upbeat fourth-quarter earnings, as forward guidance fell below estimates [4] - HP Inc. (NYSE: HPQ) dropped 5.16% after issuing second-quarter GAAP EPS guidance below expectations [4] - HSBC Holdings PLC (NYSE: HSBC) rose 4.43% following a 6% increase in net interest income to $34.8 billion for 2025, while also cutting 10% of its U.S.-based debt capital [4] - Nvidia Corp. (NASDAQ: NVDA) was up 0.44% with analysts expecting earnings of $1.53 per share on revenue of $65.87 billion [4] - Shell PLC (SHEL) maintains a strong price trend across all time frames, supported by a solid value score [5] Sector Insights - Consumer discretionary, information technology, and industrials sectors led the S&P 500 higher, while energy and health care stocks trended lower [6] Analyst Insights - Professor Jeremy Siegel maintains an optimistic outlook for the U.S. economy and equity markets in 2026, citing strong underlying private demand despite a softer 1.4% fourth-quarter GDP report [7] - Siegel anticipates a market rotation favoring small caps, industrials, and globally exposed companies, viewing potential energy-driven volatility as a recalibration rather than a cycle-ending shock [8]
Kashagan partners take Kazakhstan to arbitration over $4.6bn fine
Yahoo Finance· 2026-02-25 09:51
A consortium of major oil companies controlling the Kashagan oilfield in Kazakhstan has initiated arbitration proceedings over a $4.6bn (KZT2.31tn) fine imposed by the Kazakh Government, reported Reuters. The dispute stems from a 2023 ecological fine levied against the North Caspian Operating Company (NCOC) consortium for alleged sulphur storage violations at Kashagan's gas processing facilities. Kashagan is located in the Caspian Sea, nearly 80km off the coast of Atyrau, Kazakhstan. The Kashagan proje ...
Shell says US general license for exploration in Venezuela will allow it to progress with Dragon gas project
Reuters· 2026-02-19 20:47
Shell says US general license for exploration in Venezuela will allow it to progress with Dragon gas project | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren [Purchase Licensing Rights, opens new tab]- Companies[Shell PLC]FollowHOUSTON, Feb 19 (Reu ...
Chariot announces 'transformative' Angolan oil deal, with support from Shell
Yahoo Finance· 2026-02-19 11:09
Chariot Ltd (AIM:CHAR, OTC:OIGLF) CEO Adonis Pouroulis talked with Proactive's Stepyen Gunnion about the company’s acquisition funding agreement to gain exposure to producing oil assets offshore Angola, marking what he described as a “transformative deal” for the business. Chariot has announced plans to provide $12 million in funding, alongside transaction costs, to support Etu Energias in acquiring a 20% interest in Block 14 and a 10% interest in Block 14K offshore Angola. In return, Chariot will secure ...