Why oil companies Shell and BP are building solar on farmland
At Elm Branch Solar Farm, about an hour south of Dallas, Texas, a flock of sheep grazes among a vast field of solar panels. The flock’s shepherd, Amanda Stoffels, watches…
Saudi-based Wafi Energy signs deal to take over Shell Pakistan
Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has agreed to sell its 77.42% majority interest in Shell Pakistan Limited (SPL) to Saudi Arabia-based Wafi Energy LLC, said…
Shell will cut 200 jobs in clean energy division
An employee handles a pump at a hydrogen refueling point at a Royal Dutch Shell Plc gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg…
Top oil CEOs join CNBC at ADIPEC to discuss the energy transition
Major oil executives, policymakers and ministers convene in Abu Dhabi at ADIPEC this week to discuss energy markets as the world grapples with a transition to clean energy. It comes…
California sues Chevron, Exxon, oil giants on climate change deception
The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through…
How gas station economics will change in the EV charging future
As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including…
Oil giant Shell posts sharp drop in profit on weaker commodity prices
General view of the Shell logo. Picture Alliance | Picture Alliance | Getty Images LONDON — British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit,…
TotalEnergies CEO defends oil and gas strategy after climate protests
The chief executive of TotalEnergies defended the firm’s greenhouse gas emissions strategy, saying the company remains committed to oil and gas despite repeated warnings that increasing fossil fuel production will…
Multnomah County in Oregon sues oil, gas companies for 2021 heat dome
Shanton Alcaraz from the Salvation Army Northwest Division gives bottled water to Eddy Norby who lives in an RV and invites him to their nearby cooling center for food and…
We’re building EV chargers in China and boosting oil, gas
In this aerial view, cars line up to refuel before the price rises at a Shell gas station in Wuhan, the capital of the Hubei province in China, June 14,…