Shell

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Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, which is currently nearing 12 mo

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Shell reported a record Q1 profit of $9.6 billion (£7.64bn), surpassing analysts' estimates of $8bn (£6.37bn), as higher trading earnings and liquefied natural gas (LNG) production compensated for lower oil and gas prices.

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Profits at oil giant Shell has reached their highest in 115 years, amid the cost of living crisis.

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Shell has announced that Ben van Beurden will step down as CEO at the end of 2022, and that his successor will be Wael Sawan. The change in leadership comes amid the current energy crisis and as Shell prioritises its future business focus on renewables. The incoming CEO, Mr Sawan, is currently 

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Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill. Launched in 2016 and backed by Shell Ventures, WonderBill allowed consumers to manage all their household bills and subscriptions.

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Edinburgh-based Cairn Energy, together with its consortium partner Cheiron Petroleum Corporation, has announced the completion of the acquisition of a portfolio of upstream oil and gas production, development and exploration interests from Shell Egypt NV and Shell Austria GmbH in the Western Desert

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