UK's main stock indexes fell on Monday as investors were on the edge ahead of the announcement of the country's new prime minister at a time when Britain faces a cost of living crisis, industrial ...

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Shell, Petronas to develop Rosmari-Marjoram gas fields off Malaysia

Plc on Monday said it would invest with Malaysian state oil firm Petronas to develop the Rosmari-Marjoram gas fields in the Southeast Asian country's waters. The Rosmari-Marjoram fields are situated ...

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Explainer-Will Germany introduce a windfall tax on energy firms?

But taxing "excessive" profits of energy companies has been a thorny issue for Germany's ruling coalition, with political resistance from a junior party and constitutional barriers. Why a windfall tax ...

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Exclusive - Shell's CEO van Beurden prepares to step down next year -sources

During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns and a pivotal move to slash greenhouse emissions – a task which will ...

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Seismic judgment: Court overturns exploration rights granted to Shell

The High Court has ruled that the exploration rights granted to Impact Africa and Shell (LON: RDSa ) along the Wild Coast were unlawful. The judges said there was “no meaningful consultation” with ...

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