Constellation Buys Rhode Island Plant From Shell for $715 Million
Constellation Energy has agreed to pay $715 million in cash for the Rhode Island State Energy Center, the state’s largest electricity generator by out
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Exxon Circles Shell's $8 Billion Chemicals Unit
Exxon is among the suitors for Shell's U.S. chemicals business, a portfolio of four plants across Louisiana, Texas and Pennsylvania that could command
Kazakhstan Alleges $10.7 Billion Kashagan Contract Fraud
Kazakhstan has filed a confidential arbitration claim accusing the international consortium behind the Kashagan oilfield of steering $10.7 billion in
Shell Sells Cyprus Gas Stake to MOL for $720 Million to Sharpen LNG Focus
Shell agreed on Friday to sell its wholly owned subsidiary BG Cyprus Ltd to Hungary’s MOL Group for $720 million, shedding a 35 percent non-operated i
WoodMac Sees $495 Billion Upstream Windfall at $90 Oil
Wood Mackenzie has doubled its 2026 free cash flow forecast for the global upstream sector to $495 billion, but the industry’s largest players are poc
FTSE 100 Record High Amid Fed Rate Gamble
The FTSE 100 climbed to a fresh intra-day peak of 10,951.06 on Wednesday before settling at 10,908.41, up 37.39 points or 0.3 percent, leaving it a wh
Shell profit doubles on Iran war disruption
Shell's second-quarter profit more than doubled to $9.8 billion as the Iran war's closure of the Strait of Hormuz sent Brent crude to $126, handing th
Shell profit more than doubles to $9.8bn on war-driven trading
Shell’s second-quarter net profit more than doubled to $9.84 billion, blowing past the $8.92 billion consensus and laying bare how thoroughly the majo