Rotterdam

Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants

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Energy giant Shell to take up to a billion impairment hit on Rotterdam, Singapore plants

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants, while … Read more

As tankers divert from Red Sea, booming US oil gets another boost

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As tankers divert from Red Sea, booming US oil gets another boost

Al HUDAYDAH, YEMEN – JULY 17: Yemen’s replacement oil tanker Nautica floats over its arrival to Al Hudaydah port in the Red Sea on July 17, 2023 in Hudaydah, Yemen. The United Nations handed over the replacement vessel Nautica to the Sana’a government to transfer the crude oil from the deteriorating supertanker to prevent a … Read more