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New Jersey, Donald Trump and Shell
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.
Shell Gives Donald Trump a Win Off New Jersey Shore
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
Trump's executive order shakes offshore wind industry as oil giant Shell backs out of New Jersey project
Oil giant Shell exits a $1 billion New Jersey offshore wind project amid Trump’s restrictions on renewable energy, citing market challenges and uncertainty. Offshore wind opponents celebrate, while clean energy advocates warn of setbacks.
Shell dividend hike drives shares
Shell dividend hike drives shares higher despite profit miss
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.
Shell rallies after boosting dividend, buybacks despite Q4 profit drop
Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a sign of confidence in its strategy of refocusing on its most profitable sectors.
Shell raises dividend to shareholders as profit falls amid lower oil prices
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
13h
Shell Keeps $3.5 Billion Buyback Amid Earnings Miss
The oil-and-gas company’s adjusted earnings fell more than expected, weighed by lower oil prices and refining margins.
1d
on MSN
Shell still reviewing moving listing away from London but not a live discussion
Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live ...
1d
on MSN
Shell misses quarterly profit estimate; announces $3.5 billion share buyback
Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, ...
1d
Shell and Equinor Production Blocked at 2 Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...
7h
Shell price target lowered to $82 from $86 at Wells Fargo
Wells Fargo lowered the firm’s price target on Shell (SHEL) to $82 from $86 and keeps an Overweight rating on the shares on CF adjustments.
1d
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
1d
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
9h
Shell’s Promising Financial Outlook and Strategic Initiatives Support Buy Rating
Analyst Roger Read from Wells Fargo maintained a Buy rating on Shell (SHEL – Research Report) and decreased the price target to $82.00 from ...
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