The Business Times

Shell

ASEAN Business

Shell petrol stations in Indonesia run dry on supply shortages

Goldman Sachs Asset Management (GSAM) will oversee the pension money in Europe and assets for a captive insurer, as well as provide advice on North American pension plans.
Banking & Finance

Goldman lands US$40 billion mandate from Shell for pension assets

Shell said it achieved US$3.9 billion in cost cuts compared with 2022, part of a programme aimed at saving between US$5 billion and US$7 billion by the end of 2028.
Energy & Commodities

Shell’s profit drops by almost a third on lower oil prices, but beats expectations

Earlier this year, Chandra Asri’s joint venture with global commodities trader Glencore, Aster Chemicals and Energy, completed its purchase of Shell's refinery and refining assets in Bukom (pictured) and Jurong islands.
Companies & Markets

Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake

Shell expects global LNG demand to grow 60 per cent by 2040, led by Asia.
Energy & Commodities

Shell-led LNG Canada ships first cargo to meet Asian demand

BP has been under intense pressure after years of poor performance and the intervention of activist shareholder Elliott Investment Management.
Energy & Commodities

Shell says it has no intention of making an offer for BP

Shell CEO Wael Sawan said the rise in oil and gas prices in recent days has been “moderate” as investors wait to see whether physical infrastructure might be damaged.
Energy & Commodities

Shell is being ‘very careful’ with shipping in the Middle East: CEO

“This decision stands as a resounding vote of confidence from a world-class investor in our sound economic policies, clarity in our leadership, and promise in our future,” Malaysia’s Prime Minister Anwar Ibrahim said.
ASEAN Business

Malaysia’s Anwar says Shell to boost its investments in country by RM9 billion

Shell is evaluating a potential acquisition of BP, but is taking a cautious wait-and-see strategy.
Opinion & Features

Where are Shell’s animal spirits for a BP deal? 

BP has been battling prolonged underperformance stemming in large part from a net-zero strategy embraced by its former chief executive officer Bernard Looney.
Energy & Commodities

Shell is studying merits of BP deal as rival’s stock slumps

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