Oil giant Shell posts weakest quarterly profit in nearly five years
British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable tax adjustments in the fourth quarter.
Shell exits two wind projects off the UK coast after strategic review
LONDON, Nov 10 (Reuters) - Shell (SHEL.L) has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that...
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Shell to fully exit Indian renewables unit Sprng Energy sale process
Shell is set to revive the sale of Indian renewable power producer Sprng Energy and plans to entirely exit its investment in the company. The move could attract interest from global infrastructure
Shell quits giant floating projects in blow to ScotWind
Oil supermajor Shell has exited two of the world''s largest floating wind projects, leaving Scotland with a 3GW hole in its plans. Shell has returned the lease option for the CampionWind project to seabed
Shell chief pushes for more cost cuts as it keeps rewarding investors
Shell''s chief executive said he is pushing for further cost reductions as the oil major continues to reward investors despite lower oil prices.
Shell makes final decision on fate of billion-dollar plant with
Shell has scrapped plans to complete a massive biofuels facility in Rotterdam, the Netherlands, that was once set to become one of Europe''s largest converters of waste into green jet fuel.
News and media releases
Access all media releases published by Shell plc this year, as well as archived releases from previous years.
Shell withdraws from ScotWind floating offshore wind projects
Shell plc (LON:SHELL) has ended its involvement in the MarramWind and CampionWind floating wind projects off the Scottish coast following a strategic review, the energy group confirmed.
Shell Abandons Two Major UK Offshore Wind Projects
Shell has exited two offshore wind power projects in Scotland as the world''s top oil and gas firms continue to scale back their investment and involvement in renewable energy.
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