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Shell PLC

‘Excess profits’ of big firms have driven up inflation, report claims

by Walter Watson

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases than needed to protect margins, according to a new report. …

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Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

by Walter Watson

The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | …

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Dividend stocks have had a rough year. Where pros see opportunity

by Walter Watson

Investors like dividend stocks for their yields, but the equities’ returns have been pretty dismal so far this year. Yet a group of investors believes there may be opportunity around …

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California Is Suing Big Oil Over Climate Change

by Horatio Thompson

Officials have filed a suit against five major oil companies in the state for damages related to climate change. My First Car: Luke Evans and his Loaned Land Rover Governor …

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Did Venture Global LNG Break Contracts With Shell, Edison, And BP?

by Anas Siddiqui

CAMERON, LA – APRIL 13: An LNG tanker makes its way into Cameron Pass near the site of Venture … [+] Global LNGs facility at Cameron Pass, near Cameron, Louisiana, …

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How gas station economics will change in the EV charging future

by Horatio Thompson

As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations.  In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including …

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Big Oil Using TikTok To Convince Young People They’re Good

by Horatio Thompson

Big Oil is trying to woo young people via TikTok and Instagram in an effort to change the public’s perception of their role in climate change. Oil companies such as …

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Analysts pick 2 new oil and gas stocks, expect one to rise by 35%

by Walter Watson

Analysts at RBC Capital Markets have revealed two new top stock picks in the oil and gas sector. The bank’s energy and utilities equity team is behind a basket of …

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Bank of America names its top stock pick ahead of Big Oil earnings

by Walter Watson

Bank of America believes Europe’s oil majors are about to hit an inflection point. The Wall Street bank said that despite a quarter-over-quarter decline in oil, European gas, refining margins, …

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