Shell ADR Stock News

Shell has signed an agreement with Dublin-based ‌DCC Energy for the proposed sale of the British oil major's mobility business in France, according to a person ​familiar with the matter and documents seen by ​Reuters.

Shell said on Tuesday it has signed ​an agreement to sell its full ‌interest in the Shell Nigeria Gas Group, which operates a domestic gas distribution business in ​the country, to Vaaris Energy.

Shell calls Australia's gas reserve plan a 'sledgehammer' that risks market failure

Equinor and Shell have ​signed an agreement under which Shell will ‌acquire a 30% non-operating interest in the Bay du Nord project offshore Newfoundland and Labrador in Canada, the ​companies said on Friday.

India's Aditya Birla Renewables is seeking $1.5 billion in rupee-denominated loans to fund the acquisition of Shell Plc's Indian ​renewable energy arm and avoid a costlier bridge debt, three ‌bankers aware of the discussions said.

Shell has partially restarted its Pearl gas-to-liquids plant in Ras ​Laffan Industrial City in Qatar to test ‌the production facilities, a spokesperson told Reuters on Thursday.

RBC has nudged down its third-quarter profit forecast for Shell PLC (LSE:SHEL, NYSE:SHEL) after the energy major's trading update, while simultaneously lifting its cash flow estimate, leaving a mixed but broadly constructive picture for the stock. The broker, which rates Shell sector perform with a 4,000 pence target, cut its adjusted net income estimate for the quarter from $12.0 billion to $1...

Shell and Chevron said on Wednesday they were curtailing offshore operations in ​the Gulf of Mexico as Tropical ‌Storm Isaias approached the region.