A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should not be hit with arbitrary pollution-reduction requirements.
Category: Shell Plc
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European Oil Giants Consider Shifting Their Listings to the U.S.
TotalEnergies and Shell are contemplating the advantages of listing shares in the United States to strengthen what they say are low market valuations.
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Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing so releases fewer greenhouse gases than drilling on land.
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Shell Sees Demand Surging for Liquefied Natural Gas
Asia will be the dominant consumer, while the U.S. will be the key supplier. In Europe, where L.N.G. has been a lifeline, the need will continue despite environmental concerns.
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Oil Giants Pump Their Way to Bumper Profits
Exxon and Chevron reported robust earnings and large payouts to investors as they continued to expand their fossil-fuel production.
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Shell to Sell Its Nigeria Oil Business for $1.3 Billion
The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore.
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California Sues Oil Giants, Claiming Decades of Deception
Launching one of the most prominent climate lawsuits in the nation, the state claims Exxon, Shell, BP and others misled the public and seeks creation of a special fund to pay for recovery.
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British Government Signals Support for Oil and Gas Industry
With a general election expected next year, the government said it would issue new licenses for energy exploration in the North Sea.
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Shell Reports Sharply Lower Earnings as Energy Prices Ease
After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.
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Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.