Shell Archives - Orbex Forex Trading Blog

StockWatch: Netflix and Shell Join the Russian Exodus!

Netflix is refusing to air Russian state TV channels in the country. This adds to the growing list of companies that are showing their support for Ukraine. Shell is also ditching its joint ventures in Russia, as it joins BP with…
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StockWatch: BP Pulls Out of Russia!

BP is abandoning its stake in the Russian oil giant Rosneft. This marks the most significant move yet by a Western company in response to the invasion of Ukraine. This now puts a spotlight on other Western companies with operations in…
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StockWatch: Oil Majors Withdraw from Myanmar Project!

Oil majors Chevron Corp along with Royal Dutch Shell are withdrawing from Myanmar. Myanmar has been in turmoil since the army overthrew the elected government last February. The venture that the oil firms signed up for now seems like…
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StockWatch: Google to Invest $1bn in Australia!

Google has announced that it will invest $1bn in Australia over the next five years. This is the US technology giant's largest investment in the country. Specifically, they will build a research hub and fund partnerships with local…
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StockWatch: BP Begins Closing UK Stations!

The closure of some petrol stations has reignited a row over lorry driver shortages in the UK. While the UK does not lack petrol and diesel at refineries, getting it to forecourts has been a problem in some areas. Oil giant Royal…
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StockWatch: Oil Giants Accelerate to Low Carbon

Shell will reduce its greenhouse gas emissions more quickly than planned following a legal ruling in the Netherlands. As a result, Shell must cut its CO2 emissions by 45% compared with 2019 levels by 2030. BP sees a strong recovery in…
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Shell Investors Focus On Green Targets

Orbex Feb 17, 2021 496 0

Shares in British-Dutch oil driller Shell are trading a little lower ahead of the US open on Wednesday. The company’s shares had been enjoying a firm rally over recent months with price trading higher by 81% off the mid 11 November lows to…
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Shell Agrees to a $1.3 Billion Settlement

Orbex Dec 14, 2020 511 0

Shell Confirms Settlement Shares in British-Dutch energy company, Royal Dutch Shell, started the week a little lower pre-market on Monday. Shares in Shell have enjoyed a firm rally over recent weeks. Price rallied off the 12.00 level low…
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