Key Takeaways Adura secured a $3B RBL facility, marking its first syndicated financing since its December 2025 formation.The Shell-Equinor JV drew 18 global banks, reflecting strong confidence in its asset base and strategy.Adura combines 12 fields to boost UK energy supply, efficiency and long-term offshore production stability.Shell plc (SHEL) and Equinor ASA (EQNR) have taken a decisive step toward reshaping the United Kingdom’s offshore energy sector through their joint venture, Adura Energy, which has ...

We have a huge amount of Venezuelan staff within Shell today. And so what we are looking at at the moment is where we can add value to Venezuela, to the Venezuelan people. Initially, I would say it's more geared towards gas and in particular gas that can be monetized through LNG.But as you say, then we continue to look at opportunities in liquids and those would be opportunities to be able to indeed support Venezuela as it looks to grow its production in a responsible way. ...

CERAWEEK Energy security key to national security, Shell CEO says | Reuters Skip to main content Companies Shell PLC Follow HOUSTON, March 24 (Reuters) - Energy security is key to securing national security, Shell CEO Wael Sawan said on Tuesday, warning that the supply disruptions from the U.S.-Israel war with Iran that have hit Asia could creep into Europe by next month. "We are trying to work with governments to just alert them to the various levers they will need to pull, including on the demand side, in ...

Shell concerned Iran war will impact long-term confidence in LNG supply | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv 3D-printed oil pump jacks and the Shell plc logo appear in this illustration taken March 2, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab Companies Shell PLC Follow HOUSTON, March 23 (Reuters) - Shell (SHEL.L), opens new tabis concerned that the Iran war could impact long-term con ...

Core Insights - Venezuela is making moves to boost its oil output shortly after the capture of former President Nicolas Maduro, indicating a rapid response despite uncertainties surrounding the current government [1] - Chevron and Shell have secured exploration and production deals in Venezuela, a country with significant oil reserves, which could enhance their operational footprint in the region [2][4] Company-Specific Developments - Shell's agreement in Venezuela is expected to facilitate expansion in offshore natural gas exploration and onshore oil and gas drilling, potentially benefiting investors due to Venezuela's vast crude reserves [4] - As of March 19, Shell's shares have increased by 24% year-to-date and 14% over the past month, coinciding with recent developments in Venezuela and rising oil prices due to conflicts in Iran [6] - The conflict in the Middle East, particularly the closure of the Strait of Hormuz, has implications for global oil supply, with 20% of the world's oil and LNG passing through this route, creating a strategic link between Iran and Venezuela [7] Industry Trends - Shell is optimistic about the LNG market, projecting a 45% increase in global LNG demand from 2025 to 2050, positioning itself favorably in a rapidly growing energy sector [8] - The current geopolitical landscape emphasizes the need for companies like Shell to diversify their supply sources, as Venezuela's increased involvement could enhance geographic diversification and long-term supply stability [9]

Since the war on Iran started, the Trump administration has had in-person meetings with executives from Exxon and Chevron to discuss ways to lower oil prices and ramp up supply, according to a White House official. Though the administration has moved forward with some of those options, including plans to release oil from US strategic reserves and temporarily waiving a century-old shipping mandate to lower transportation costs, others are not on the horizon.His administration’s efforts have helped companies ...

Shell said on Friday that full repair of its train two at the Pearl GTL (gas-to-liquids) facility in Qatar would take around a year, confirming a statement to Reuters from QatarEnergy, after Iranian attacks earlier this week. ...

Shell, Exxon-Owned Plants Hit by Iranian Attacks. What It Means for the Stocks. - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Exxon, Shell Now in the Line of Fire in Iran WarBy Avi SalzmanShareResizeReprintsIn this articleSHELBRN00Iranian a ...

Core Viewpoint - Shell plc is prioritizing the safety and security of its employees and contractors amidst recent events in Qatar, specifically an attack on Ras Laffan Industrial City, which has led to the shutdown of LNG production since early March [5]. Group 1: Incident Overview - An attack occurred on Ras Laffan Industrial City on the evening of March 18, 2026, but all staff on site are reported safe [5]. - A fire at the Pearl GTL facility, resulting from the attack, was quickly extinguished, and the situation is currently under control [5]. - The company is assessing potential damage to Pearl GTL and collaborating with QatarEnergy and local authorities to evaluate the impact on the broader facilities in Ras Laffan Industrial City [5]. Group 2: Communication and Updates - Shell will provide further updates regarding the situation through its official website [2]. - The company emphasizes its commitment to working closely with local authorities, partners, and customers during this period [1].

Core Viewpoint - QatarEnergy reported that Iranian missile attacks on its Ras Laffan Industrial City resulted in significant fires and extensive damage [1] Company Impact - The missile attacks have caused sizable fires at the Ras Laffan Industrial City, which is a critical facility for QatarEnergy [1] - Extensive damage has been reported, which may affect the operational capacity of QatarEnergy in the short term [1] Industry Implications - The incident highlights the geopolitical risks associated with energy infrastructure in the region, potentially impacting energy supply and prices [1] - Increased tensions in the Middle East could lead to further disruptions in energy markets, affecting both local and global energy dynamics [1]