Shell, Venezuela
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Upstream reported last September that Shell was eyeing the divestment of its one-sixth interest in the NWS project, which could be worth more than US$3 billion, and Bloomberg on Wednesday named two potential buyers.
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Citi Raises PT on Shell PLC (SHEL)
Shell plc (NYSE:SHEL) is one of the Best Value Stocks to Buy for the Long Term. On March 2, Citi raised the firm’s price target on the stock to 2,950 GBp from 2,700 GBp and maintained a Neutral rating.
Shell's Kazakhstan subsidiary and the Central Asian country's Ministry of Energy have signed a contract for geological exploration of the Zhanaturmys field in the Aktobe region, the ministry said on Thursday.
Shell's decision to ink a fresh suite of commercial and technical agreements with Venezuela's government this week is being read in energy circles as a straightforward gas deal. It is not. It is a signal,
Prices for liquefied natural gas have shot up in recent days, which could bring bigger profits for European and U.S. energy companies.