Norway wants to store carbon under the North Sea

The receiving dock at the Northern Lights carbon capture and storage project, controlled by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024. Bloomberg | Bloomberg | Getty Images Norway’s government wants to show the world it is possible to safely inject and store carbon waste under the seabed, … Read more

Shell beats expectations for full-year 2023 profit

A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday beat expectations for full-year profit and announced a $3.5 billion share buyback program. Shell reported adjusted earnings of $28.25 billion for the full-year 2023. The firm logged its highest-ever annual … Read more

Shell posts $6.2 billion profit, announces $3.5 billion share buyback

People pump gas into their vehicles at a Shell petrol station on October 2, 2023 in Alhambra, California.  Frederic J. Brown | Afp | Getty Images British oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil prices and refining margins. … Read more

Big Oil CEOs defend themselves against criticism

An event logo displayed in the main conference hall at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates. The annual strategic energy conference runs from Oct 2-5. Bloomberg | Bloomberg | Getty Images Chief executives of some of the world’s largest energy companies on Monday sought to defend … Read more

French police hearth tear fuel at local weather protesters

Protesters exterior the Salle Pleyel venue in Paris could possibly be heard chanting “all we wish is to knock down Whole” and “one, two, three levels, now we have Whole to thank.” Bloomberg | Bloomberg | Getty Pictures French riot police on Friday fired tear fuel at lots of of local weather activists making an … Read more