Shell

Oil Giants Win Key Arbitration Decisions in Kashagan Oil Field Dispute

29 days ago

In a recent turning point for major oil companies involved in Kazakhstan’s supergiant Kashagan oil field, favorable arbitration rulings have been passed down, reinforcing the interests of the investors in the ongoing dispute with the Kazakh government. This crucial development underscores the ongoing tensions between oil companies looking to maximize profits and governments seeking to assert control over their valuable natural resources.

Shell Envisions a Transformative Future: How AI Will Revolutionize the Energy Sector

2 months ago

In a groundbreaking outlook report, Shell has revealed its belief that artificial intelligence (AI) will play a pivotal role in reshaping the global energy landscape. This insightful analysis, published on February 12, 2025, outlines how rapidly advancing AI technologies can enhance energy efficiency, optimize resource management, and catalyze the transition to sustainable energy sources.

Shell Finalizes $1 Billion Sale of South Africa Oil Assets to Thebe Investment Corporation

2 months ago

In a landmark transaction underscoring the shifting dynamics in the global oil industry, Shell has officially entered into an agreement to sell its South African oil assets to Thebe Investment Corporation for nearly $1 billion. This deal represents a strategic move for Shell as it seeks to streamline its operations and focus on cleaner energy sources while passing the baton to local investment firms.

Oil Majors Restart Talks with Kazakh State on $5 Billion Kashagan Sulfur Fine

6 months ago

In a move that many have anticipated, big oil companies have restarted negotiations with Kazakhstan over a disputed $5 billion fine levied against them for the flaring of sulfur at the gigantic Kashagan oil field. Such renegotiation will have potential implications for the big players in the oil industry and for environmental laws affecting the region.