Energy giants BP and Shell unveiled sharp downturns in their usual earnings last week in a rocky third quarter for the sector, with the oil and gas industry failing to match last year’s record profits.
LNG trading was a crucial component in oil majors’ Q3 earnings
The energy giant reported earnings of US$6.2 billion between July and September, up sharply on the previous quarter
Trinidad and Tobago has launched an oil and gas bid round with 13 shallow-water blocks on offer, Reuters reported on Wednesday. The 13 blocks are located on the continental shelf near producing concessions. According to Reuters, bids for the round will close on April 2, 2024. The offerings are more than double the country’s previous […]
European supermajor Shell and state-controlled partner Ecopetrol have made a new natural gas discovery offshore Colombia.
Energy Chamber of Trinidad & Tobago release
The Energy Chamber of Trinidad & Tobago warmly welcomes the signing of three deepwater production sharing contracts between the Government of Trinidad & Tobago and a consortium comprised of bp and Shell.
MUSCAT, August 31, 2023 – Oman LNG has signed term-sheet agreements with Shell and OQ for the supply of LNG, the LNG producer announced via social media on Wednesday.
Energy giants Shell, TotalEnergies and Chevron posted lowered profits in Q2 2023 as commodity prices slump following a high in 2022, Reuters reported on Thursday.
Shell (SHEL.L) and TotalEnergies (TTEF.PA) reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakened.
Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC.