Tracking oil prices and US gas prices amid Iran conflict
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Shell cuts gas production outlook blaming Middle East conflict - However, its oil trading operations were boosted by a jump in prices following the conflict between US-Israeli forces and Iran.
The company said output from its integrated gas segment would take a hit from lost Qatari volumes, but it expects oil trading operations to deliver a significantly higher result than in the prior quarter.
Shell expects production in its Integrated Gas segment to fall to 880,000-920,000 boed in the first quarter of 2026 from 948,000 boed in Q4 2025 due to 'the impact of the Middle East conflict on Qatari volumes'.
The energy major is chasing up to 20 trillion cubic feet of offshore gas, hoping to turn Venezuela’s stranded reserves into LNG exports.
By Curtis Williams and Marianna Parraga HOUSTON, April 1 (Reuters) - Shell is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the South American country's largest offshore natural gas fields,
Add Yahoo as a preferred source to see more of our stories on Google. Houston-based Shell has announced the return of "The Giving Pump" through Oct. 31. In Houston, there are 269 special purple pumps at Shell gas stations where filling up will send a ...
Shell Plc’s retail petrol stations in Indonesia have run out of gasoline as import restrictions imposed by the Southeast Asian nation crimp supplies. Three varieties of gasoline are currently not available at Shell stations across the country, according ...
SAN FRANCISCO (KRON) — One of the nation’s largest gas companies is doing something it hasn’t done in the Bay Area. Shell is opening its first electric vehicle charging station in the Bay Area this summer, a company spokesperson told KRON4.com.
Shell trimmed the first-quarter outlook for its integrated gas production today, reflecting the impact of the Middle East conflict on volumes in Qatar.