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Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds

Rextag

Shell has issued a stark warning about a significant drop in earnings from its integrated gas division and reduced production guidance across its oil and gas segments. 30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5 million oil-equivalent barrels per day. billion in the third quarter.

Energy 40
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Leading Low Decline Light Oil Position in Saskatchewan : The combined company becomes the second largest producer in Saskatchewan with consolidated assets in west and southeast Saskatchewan. These foundational assets have approximately 7,000 development locations to support meaningful free funds flow generation into the future.

Energy 130
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A Look Back on 2024

Energy Transfer

2024 is almost in the books! anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. JANUARY Sunoco LP Acquired NuStar Energy L.P.

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CERAWeek Days II & III: US market, BP's reset and LNG

Oilholics Synonymous Report

Guyana's President Irfaan Ali came to town as well to touch upon his country's phenomenal growth in crude oil production. Its light, sweet variety of crude it appears is something European importers simply can't get enough of. Keep reading, keep it here, keep it 'crude'! That causes some issues.

Energy 162