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Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds

Rextag

30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5 billion due to macroeconomic and operational factors. billion hit to cash flow from operations due to emission-permit payments in Germany and the U.S., million oil-equivalent barrels per day. In its trading update, ahead of its Jan.

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

Oil & Gas 360º

Visible Long-Term Synergies: Visible operating, capital and corporate synergies which, in addition to supply chain efficiencies, can generate meaningful savings. Anticipated annual synergies of over $200 million can be achieved independent of commodity prices and will begin to be captured upon closing of the transaction.

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.