Shell | GUPC

Kosmos Energy (KOS) Secures $250 Million Loan from Shell

Oil & Gas‚ Oil and Gas Industry | intent | September 29, 2025 | Comment off

Kosmos Energy (KOS) has obtained a $250 million senior secured loan from Shell Trading (US) Company. This financing arrangement, which is expected to be completed by October 1, 2025, is intended to address Kosmos’s outstanding unsecured notes. Initially, $150 million will be used to partially redeem 2026 notes, while the remaining $100 million can be accessed until April 1, 2026. The loan is backed by assets in the Gulf of Mexico, carries an interest rate of SOFR + 3.75%, and will mature over four years.

Nigeria approves Shell, Agip buyout of TotalEnergies’ stake in Bonga oilfield

Oil & Gas‚ Oil and Gas Industry | intent | September 26, 2025 | Comment off

Nigeria’s oil regulator has approved a $510 million deal by TotalEnergies to sell its entire 12.5% interest in oil mining lease (OML) 118, which hosts the offshore Bonga oilfield, to the field’s operator Shell and Agip, the agency said on Thursday. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said TotalEnergies will transfer 10% of its […]

Shell considers selling $3 billion stake in Australia LNG plant

Oil & Gas‚ Oil and Gas Industry | intent | September 5, 2025 | Comment off

Shell Plc is exploring the sale of its interest in the A$34 billion ($22 billion) North West Shelf liquefied natural gas export plant in Western Australia, according to people with knowledge of the matter.

Shell and BP Stations Running Low in Indonesia on Import Cuts

Oil & Gas‚ Oil and Gas Industry | intent | September 4, 2025 | Comment off

The three brands of gasoline sold by Shell in the country are unavailable at some locations until further notice, according to a statement on its website. The company – which accounts for a small part of Indonesia’s market – is coordinating with the country’s Energy Ministry to ensure fuel availability, it said.

Shell submits offer to join Ghana’s Pecan Oil Field project

Oil & Gas‚ Oil and Gas Industry | intent | September 1, 2025 | Comment off

President John Mahama has revealed that global oil giant Shell has submitted an offer to participate in Ghana’s Pecan Oil Field project, marking a significant step toward advancing the country’s oil and gas sector.

Venture Global wins LNG arbitration dispute against Shell

Oil & Gas‚ Oil and Gas Industry | intent | August 14, 2025 | Comment off

Venture Global Inc., one of the largest U.S. exporters of liquefied natural gas, has prevailed over oil giant Shell Plc in an arbitration case over the sale of cargoes from its first export plant, capping a two-year fight.

U.S. Majors Pump Profits While BP and Shell Stall

Oil & Gas‚ Oil and Gas Industry | intent | August 8, 2025 | Comment off

Second-quarter financial reporting season is over and it has revealed two things. First, that Big Oil’s recovery from its energy transition experiment is still ongoing and that European supermajors have yet to catch up with their American sector players—on production and earnings alike.

Technip, Shell Tie Up for Carbon Capture Projects

Oil & Gas‚ Oil and Gas Industry | intent | July 22, 2025 | Comment off

“By forming a global alliance with Shell Catalysts & Technologies in the field of carbon capture, we combine cutting-edge technology, smart engineering, and excellence in project execution. This global alliance is the result of more than 10 years of collaboration and continuous innovation,” Arnaud Pieton, Chief Executive Officer of Technip Energies, added. “Our ambition is to deliver a world designed to last by enabling hard-to-abate industries to decarbonize with greater certainty and affordability.

BP Appoints Shell Veteran to Board

Oil & Gas‚ Oil and Gas Industry | intent | July 9, 2025 | Comment off

“The board will benefit from his deep and broad experience of the global upstream and downstream energy industry and his financial and commercial understanding of global markets, together with his extensive and varied board experience”, Helge Lund, chair of BP, said.

Shell Says Weak Oil and Gas Trade Hit 2Q Profit

Oil & Gas‚ Oil and Gas Industry | intent | July 8, 2025 | Comment off

Shell’s sprawling but secretive in-house trading business is often one of its biggest profit boosters, and Chief Executive Officer Wael Sawan said in March that its traders haven’t lost money in a single quarter over the past decade. Yet recent price swings have been hard to navigate, with crude whipsawed by US President Donald Trump’s trade war, OPEC+ policy and Israel’s attacks on Iran.

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