Posted inNews

Oil prices likely to go higher as IOCs quit Russia: Experts

International oil majors have been exiting investments in Russia following the country’s invasion of Ukraine

Oil giants have been exiting their investments in Russia after the country initiated military action in Ukraine. The conflict has caused oil prices to soar as fears have increased regarding supply shortages. The exit from international oil firms is likely to cause prices to continue to rise, experts said. “Oil giants are mostly falling in […]

Posted inNews

Shell signs agreement for Block 10 gas development in Oman

The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture between Total Energies and OQ

Shell Integrated Gas Oman, a subsidiary of Royal Dutch Shell, signed a concession agreement with the Oman Ministry of Energy and Minerals to develop and produce natural gas from block 10 in Oman, the firm announced Tuesday. The agreement was signed in concert with Shell’s partners OQ and Marsa Liqueifed Natural Gas, a joint venture […]

Posted inEnergy Transition

QatarEnergy and Shell to partner on UK hydrogen projects

QatarEnergy and Shell signed their first agreement surrounding hydrogen on the sidelines of the UK Global Investment Summit

QatarEnergy and Shell have signed an agreement to pursue joint investments in blue and green hydrogen projects in the United Kingdom. The partners will target integrated and scalable opportunities in key sectors where hydrogen could help decarbonize, especially around industrial cluster development and also for the transport sector, with a focus on the London metropolitan […]

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