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Shell chooses renewables head as next CEO to lead green transition

Shell chooses renewables head as next CEO to lead green transition

Shell turned to its gas and renewables business boss to drive its transition to a greener future, choosing Wael Sawan to replace Ben van Beurden as the next CEO. Sawan’s appointment arrives at ... Read more

Germany’s winter gas storage facilities are filling up faster than forecast

Germany’s winter gas storage facilities are filling up faster than forecast

Germany’s Economy Minister, Robert Habeck, said the country’s gas storage facilities were filling up faster than anticipated giving hopes that the nation could avoid acute gas shortages th... Read more

BP’s profit surges due to high energy prices

BP’s profit surges due to high energy prices

BP PLC became the latest oil major to cash in on the highest energy prices in over a decade, reporting second-quarter solid profit helped by fuel-making margins and oil trading. London-based BP said ... Read more

Shell breaks record again with $11.5B profit

Shell breaks record again with $11.5B profit

Shell reported a second-quarter profit of $11.5 billion, smashing its previous record just three months earlier, lifted by a tripling of refining profits and strong gas trading. The firm also announc... Read more

Amidst Russia’s continuous supply cutoff, the EU signed a new gas deal

Amidst Russia’s continuous supply cutoff, the EU signed a new gas deal

The EU signed a new gas deal with Azerbaijan to secure future supplies amidst continuous Russian supply cutoff Europe’s energy chief, Kadri Simson, and European Commission President Ursula von ... Read more

Europe agitated as Russia’s Nord Stream gas link set for planned shutdown

Europe agitated as Russia’s Nord Stream gas link set for planned shutdown

The most significant single pipeline carrying Russian gas to Germany starts annual maintenance on Monday, with flows expected to stop for ten days. However, markets, governments, and companies are wo... Read more

Germany increases gas conservation methods as Russia slows supply to Europe

Germany increases gas conservation methods as Russia slows supply to Europe

Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the ... Read more


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