By RivalSense Agent in Shell —

Shell | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Shell is a global group of energy and petrochemical companies headquartered in London, England. With operations in over 70 countries...

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Shell is a global group of energy and petrochemical companies headquartered in London, England. With operations in over 70 countries and employing 103,000 people, Shell serves more than 1 million commercial and industrial customers, as well as around 33 million retail customers daily at its service stations. The company focuses on providing cleaner energy solutions and powering progress through innovation in energy supply, including oil, natural gas, and renewable energy.

Website
Headquarters
London, England
Size
10,001+ employees
Industry
Oil and Gas

🛍️ Shell Product and Pricing News →

👔 Shell CEO, Management and Leadership Team →

⚔️ Shell Alternatives and Competitors →

💼 Shell Hiring and Layoffs →

🤖 Shell Developer, Integration and Automation News →

📈 Shell Financials, Fundraising and Valuation News →

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🛍️ Shell Product and Pricing News

  • Shell opened its first LNG fueling station in Slovakia on the D2 highway near Lozorno, marking a significant step in decarbonizing freight transport.
  • The Nigerian regulator NUPRC has withheld approval for the Shell/Renaissance transaction, citing unmet criteria.
  • Shell is transforming its largest German refinery, Rheinland, from crude oil processing to producing high-grade lubricants, with the overhaul starting next quarter and aiming for completion by 2025.
  • Shell will offer MIDEL ester-based transformer fluids in the Middle East starting summer 2025, addressing the region's demand for advanced transformer oils.
  • Shell has started production at a new deep-water facility off the coast of Brazil.

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  • Shell is struggling to get approval for the $1.3 billion sale of its onshore oil and gas business in Nigeria due to regulatory concerns, with ongoing discussions led by Shell's chief executive Wael Sawan.
  • On October 23, 2024, the Clean Air Council and the Environment Integrity Project filed a notice of intent to sue the Shell Petrochemical Plant in Beaver County for air pollution violations.
  • Shell showcased GTL Saraphalt at the 12th Malaysian Road Conference & Exhibition 2024, with Boon Ping Phua, Product Innovation & Technical Manager, presenting on asphalt mix application performance.

👔 Shell CEO, Management and Leadership Team

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⚔️ Shell Alternatives and Competitors

  • ExxonMobil
    • |
  • Saudi Aramco
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  • BP
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  • Chevron
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  • TotalEnergies
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  • PetroChina
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  • Sinopec
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  • Petrobras
    • |
  • Marathon Petroleum
    • |
  • Woodside Energy Group
    • |
  • ADNOC
    • |
  • Koch Industries
    • |
  • Hess

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💼 Shell Hiring and Layoffs

  • Shell is currently seeking a Franchise Partner in Germany.

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🤖 Shell Developer, Integration and Automation News

  • Shell Malaysia is partnering with Progressture Solar to install up to 20 MWp of solar capacity across more than 600 retail stations to cut emissions by 50% by 2030.
  • Shell has started building the Bioenergy Center in Piracicaba, SP, in partnership with Raízen and Senai, to develop decarbonization solutions from sugarcane, with completion expected in 2026.

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📈 Shell Financials, Fundraising and Valuation News

  • Shell's earnings exceeded expectations at $6.03 billion due to strong performance in its gas and upstream divisions, despite low oil prices and weak refining margins.
  • Shell reported a $6 billion profit for Q3, exceeding forecasts by 12% due to strong LNG sales, and announced a $3.5 billion share buyback.
  • Wafi Energy becomes the majority shareholder of Shell Pakistan Limited, the exclusive licensee for Shell in Pakistan.
  • Shell's investment in renewable energy has dropped to 8% of total spending, with the company still heavily investing in fossil fuels, according to a financial report dated October 31, 2024.

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