Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Shell plc (NYSE: SHEL ), more popularly known as Royal Dutch Shell, is one of the largest integrated oil companies in the world, with a market capitalizat ...

Shell plc (SHEL) has teamed up with Argentina’s state-owned oil and gas company, YPF Sociedad Anónima (YPF) , for a $50 billion transformative deal to develop the first phase of the Argentina LNG export project. Shell's proficiency in LNG (liquefied natural gas) aligns efficiently with the project’s objective to produce 10 million tons of natural gas annually. This project is considered a big one for Argentina because the country looks forward to cashing in on the vast reserves of the highly lucrative Vaca ...

Shell plc’s (SHEL) subsidiary, Shell Nigeria Exploration and Production Company (SNEPCo), announces a significant final investment decision (FID) in Bonga North, a deep-water project off the coast of Nigeria. The project is a subsea tie-back to an existing Bonga Floating Production Storage and Offloading (FPSO) facility, which is operated by SHEL.An Insight Into SHEL’s Bonga North ProjectBonga is a deep-water development located at water depths of more than 1,000 meters. The original Bonga FPSO has been in ...

Shell plc’s(SHEL) subsidiary, Shell Offshore Inc., has awarded the commissioning and construction management contract for the semi-submersible Sparta project to oilfield service provider GATE Energy. The Sparta project, the London-based super-major’s 15th deep-water host in the Gulf of Mexico, is being built following the successful legacy of the four-column semi-submersible host in the Vito and Whale facilities.An Insight Into SHEL’s Sparta ProjectSparta, a deep-water development project in the U.S. Gulf o ...

Shell plc Outcome of audit tender process December 12, 2024 Shell plc (the Company) announces that, following the conclusion of a competitive audit tender process led by the Audit and Risk Committee, the Board has approved the proposed re-appointment of Ernst & Young LLP (EY) as its external auditor to take effect from, and including, the financial year ending 31 December 2026. The re-appointment is subject to shareholder approval at the Company’s 2026 Annual General Meeting. As a UK public interest entit ...

Shell plc’s (SHEL) U.K. subsidiary, Shell U.K. Limited, recently announced that it reached a settlement with Greenpeace UK Limited over the illegal boarding of its newly built Penguins floating production, storage and offloading (FPSO) vessel in the Atlantic Ocean in early 2023. In the said incident, the protestors scaled a 72,000-metric-ton moving vessel, occupying it for 13 days. The company later filed a suit against the unlawful boarding, citing that the actions undertaken by Greenpeace were unlawful, u ...

Group 1 - Shell and Equinor announced plans to combine their British offshore oil and gas assets [1] - The new entity will be a jointly owned energy company [1] - The announcement highlights ongoing consolidation trends in the energy sector [1]

Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell UK Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil & gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer. The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK. On deal completion, the new independent pr ...

Shell plc (SHEL) on Dec. 2, 2024, has announced an accord with QatarEnergy to secure 3 million metric tons per annum of liquefied natural gas (LNG) for delivery to China starting January 2025. This deal will strengthen Shell’s footprint in Asia, the biggest LNG market.SHEL’s Position in the Growing Asian LNG MarketChina, the world’s largest LNG buyer, imported 71 million metric tons in 2023 and a record high of 79 million metric tons in 2021. As the Asian economies welcome cleaner energy, SHEL forecasts tha ...

Strategic Shift in Shell's Carbon Projects - Shell plc is signaling a strategic shift by selling part of its carbon projects portfolio, aligning with CEO Wael Sawan's focus on higher-return fossil fuel ventures [1] - The company is moving away from operations like offshore wind energy projects that do not provide strategic advantages or premium returns [1] - Shell plans to sell its nature-based carbon projects, reflecting a transition from carbon offset initiatives [4] Challenges in the Carbon Offset Market - The carbon offset market faces challenges, with REDD+ credit spot prices dropping from $12 50 per credit in 2022 to $3 60 in 2023 due to reduced demand and uncertainty about environmental impact [3] - Despite these challenges, the voluntary carbon market is projected to grow from $2 billion to $950 billion by 2037 [3] - Shell, once the world's largest buyer of carbon credits, has reduced its annual spending on new carbon credits from $100 million under new leadership [2][4] Shell's Transition and Future Focus - Under CEO Wael Sawan, Shell is shifting focus to more profitable fossil fuel ventures and exploring engineered carbon removal technologies like Direct Air Capture [4][6] - The company is considering options to sell its carbon projects, either as a minority holder with continued credit purchases or a complete exit without commitments [5] Shell's Position in the Energy Sector - Shell plc is one of the primary oil supermajors with global operations and currently holds a Zacks Rank 3 (Hold) [7] - Investors in the energy sector may consider better-ranked stocks like Mach Natural Resources LP (Zacks Rank 1), Enerflex Ltd (Zacks Rank 2), and Targa Resources Corp (Zacks Rank 2) [8] Performance of Alternative Energy Stocks - Mach Natural Resources LP is expected to achieve 200% year-over-year earnings growth in 2024 [9] - Enerflex Ltd has an expected EPS growth rate of 188 89% for the next quarter, outperforming the industry average [10] - Targa Resources Corp is projected to see 70 22% year-over-year earnings growth in 2024 [11]