Shell (NYSE: RDS.A)

Global Markets: “Global LNG supply to rise by 35 million tonnes in 2019” – Shell

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.

Africa Oil & Gas: Nigeria hits oil majors with billions in back taxes

Posted on February 22, 2019February 22, 2019 by Mozambique Resources Post

Nigeria has ordered foreign oil and gas companies to pay nearly $20-billion in taxes it says are owed to local states, industry and government sources said, in a move that could deter investment in Africa’s largest economy.

Africa Oil & Gas; Shell eyes exports jump from Idku LNG plant in Egypt

Posted on February 14, 2019February 14, 2019 by Mozambique Resources Post

The Hague-based LNG giant Shell is looking to up exports of liquefied natural gas from Egypt’s Idku facility as production ramps up from the West Delta field.

Africa Oil & Gas: Shell, Eni, Exxon win blocks in Egypt

Posted on February 12, 2019February 12, 2019 by Mozambique Resources Post

Egypt held a tender for oil and gas exploration, and Royal Dutch Shell (NYSE: RDS.A) won the most (three for oil and two for gas). ExxonMobil (NYSE: XOM) made its debut in Egypt.

Global Markets: Shell leads cash race but Exxon catching up

Posted on February 11, 2019February 11, 2019 by Mozambique Resources Post

Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world’s top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production.

Global Industry: Big Oil Proves Crude Price Is Just a Number

Posted on February 8, 2019February 8, 2019 by Mozambique Resources Post

(Bloomberg) – The crude market had its worst quarter in four years but you wouldn’t be able to tell by looking at Big Oil’s stellar earnings numbers.

Global Industry: Oil Supermajors Smash Analyst Estimates

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

(Bloomberg) — The world’s biggest oil companies are pumping out cash like crude’s at $100 a barrel again, and investors love it.

Global Oil & Gas: Shell Pledges To Do It All

Posted on January 31, 2019January 31, 2019 by Mozambique Resources Post

Royal Dutch Shell Plc came through a quarter of volatile oil prices to beat earnings estimates, delivering a surge in cash flow the company said will underpin “world-class” returns to investors.

Global Oil & Gas: S&P Global Platts uses blockchain for oil storage data

Posted on February 24, 2018 by Mozambique Resources Post

S&P Global Platts has deployed a blockchain network for its data on oil storage in the UAE, according to the FT, which is one of the first times the technology has been used in the energy industry. The technology allows traders to securely add weekly UAE oil inventory data to the blockchain.