• BP
• CVX
• MNDY
• SHEL

Oil and gas producers cut US Gulf of Mexico output ahead of storm

Oil and gas producers in the U.S. Gulf of Mexico are shutting down operations and evacuating workers due to the approaching Tropical Storm Rafael, forecasted to intensify to a hurricane.

• SHEL

Earnings call: Shell reports robust quarter, focuses on energy transition

• SHEL
• SMDS
• SWR

U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 0.71%

U.K. stocks fell, led by losses in healthcare and retail sectors. DS Smith and Smurfit WestRock saw gains, while Smith & Nephew dropped significantly.

• SHEL

Shell shares rise following Q3 update

• BP
• CL
• NG
• SHEL

Shell's $6 billion profit smashes forecasts as LNG offsets weak refining

Shell's third-quarter profits reached $6 billion, driven by LNG sales amidst declining refining profits, signaling confidence in future performance and cost-cutting measures.

• AAL
• BP
• CL
• CVX
• DAL
• LCO
• SHEL
• UAL
• XOM

Energy stocks fall and airline shares rise amid steep slide in oil prices

Energy stocks decline as oil prices fall after Israel's strike on Iran. Airline shares rise; markets watch upcoming economic indicators for global oil demand.

• SHEL

Shell to acquire power plant operator RISEC Holdings

Shell plc's unit, SENA, to acquire RISEC Holdings for a gas plant in Rhode Island, securing long-term energy supply and expected to close in Q1 2025.

• SHEL
• XOM

Analysis-Shell setback upsets Nigeria's quest to lure investment

Nigeria's refusal to approve Shell's $2.4 billion asset sale raises concerns about the oil sector's investment climate amidst ongoing fiscal challenges and regulatory delays.

• AEX
• IMCD
• PHG
• SHEL

Netherlands stocks lower at close of trade; AEX down 0.56%

Netherlands stocks fell 0.56%, led by declines in Real Estate, Technology, and Financials. Best performers included IMCD and Shell, while BE Semiconductor faced the biggest loss.

• SHEL

Nigeria halts Shell asset sale, approves Exxon-Seplat deal

Nigeria has blocked Shell's sale of oil operations while approving Exxon's similar deal, highlighting regulatory challenges and the ongoing exit of oil majors from onshore operations due to security issues.