(Alliance News) - Russia's state-owned energy giant PJSC Gazprom says it has halted the supply of gas to Danish utility Orsted AS and Shell Energy Europe, as expected. Read More
(Alliance News) - Russian state-owned energy company Gazprom will no longer supply Shell Energy Europe or Danish provider Orsted AS with gas as of Wednesday. Read More
(Alliance News) - Stocks in London ended mixed on Tuesday with oil majors helping lift the FTSE 100, while the European counterparts grappled with record inflation. Read More
(Alliance News) - The FTSE 100 was outperforming European peers on Tuesday morning, as blue-chip benchmarks on the continent were suffering after EU leaders agreed a partial ban on Russian oil. Read More
(Alliance News) - Shell PLC said on Monday that, together with its joint venture partner, it has taken a final investment decision to develop the Crux natural gas field off the coast of Western Australia. Read More
(Alliance News) - Stocks in London ended higher on Friday after data showed a key measure of US inflation eased, fuelling hopes that price increases could be slowing. Read More
(Alliance News) - Oil major Shell PLC has questioned the UK government's decision not to allow its green investment to count towards the tax relief it will get from the new windfall tax. Read More
(Alliance News) - Stocks in London ended higher on Thursday after minutes from the US Federal Reserve's latest policy meeting showed the central bank may adopt a less aggressive path later this year. Read More
(Alliance News) - London-listed retailers surged on Thursday after UK Chancellor Rishi Sunak set out a GBP15 billion plan to help households cope with a crippling cost of living crisis. Read More
Shell PLC - London-based oil and gas company - Completes the sale of its retail and lubricants businesses in Russia, Shell Neft LLC, to PJSC Lukoil. Notes that this follows the receipt of all regulatory approvals. The sale includes 411 retail stations, mainly located in the central and north-western regions of Russia. Read More
(Alliance News) - UK Chancellor Rishi Sunak is mulling a windfall tax on more than GBP10 billion of excess profit achieved by electricity generators, the Financial Times reported on Monday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - Kingfisher on Monday said first-quarter sales were above pre-pandemic levels but had weakened year-on-year. The owner of the B&Q chain of DIY stores also unveiled a GBP300 million share buyback. Read More
(Alliance News) - Kingfisher on Monday said first-quarter sales were above pre-pandemic levels but had weakened year-on-year. The owner of the B&Q chain of DIY stores also unveiled a GBP300 million share buyback. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon: Read More
Air Liquide SA - Paris-based industrial gas supplier - Signs 10-year contract with Shell Energy Europe Ltd to purchase 52 gigawatt-hours per year of solar photovoltaic renewable energy in Italy. Agreement will allow Air Liquide to cover a large portion of the electricity used for industrial purposes in the north east of the country. It will reduce carbon dioxide emissions by around 24,000 tonnes a year, the firm says. Read More
ABB Ltd - Zurich-based industrial conglomerate - and Shell PLC - London-based oil and gas company - The two plan the launch of the first nationwide network of Terra 360's in Germany. They say Terra 360 is "the world's fastest all-in-one electric car charger". Over 200 Terra 360 chargers to be launched across Germany in the next 12 months. Read More
(Alliance News) - Stocks in London moved higher at the open on Friday, looking to regain some of the steep losses incurred on Thursday, but worries about 'stagflation' still were keeping a lid on buying. Read More
(Alliance News) - Shell PLC on Thursday said it has sold its Russian retail and lubricants business Shell Neft to PJSC Lukoil. Read More