SHEL

SHEL's Unit advances its 30-MW/60-MWh Hermosa battery project with EPC and O&M contracts for construction and long-term operations.

UK energy stocks are leading gains on the FTSE 100 today as crude oil and natural gas prices rebound, boosting sentiment across the sector. BP stock climbed to 534p, up 18.5% from its July low and 63% above its lowest level last year.

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SHEL's surging cash flow, lower debt and discounted valuation support the case, but commodity swings and acquisition risks favor patience.

SHEL tops Q2 earnings estimates as higher oil prices, stronger margins and broad operational gains lift profits across key segments.

Shell PLC (LSE:SHEL, NYSE:SHEL) has struck a deal to sell its European onshore renewables business to France's TotalEnergies. The FTSE 100 oil giant said it was continuing to reshape its power portfolio and recycle capital into businesses where it believes it has a competitive advantage.

Shell said ​on Friday it had ‌agreed to sell its unit BG Cyprus to ​Hungarian oil and ​gas firm MOL Group for ⁠up to $720 million, ​subject to milestone-linked contingent ​payments.

Shell CEO Wael Sawan joins 'Squawk on the Street' to discuss the company posting its best quarterly profits in four years, how the war in Iran is impacting gas prices and more.

Investors are weighing up a batch of Big Tech earnings reports, which could help power a market rebound.

Shell PLC (LSE:SHEL, NYSE:SHEL) shares rose after stronger oil and gas prices and improved trading led to its highest profits since 2022, with $4.2 billion (£3.15bn) of share buybacks announced. The buybacks comprise a new $3 billion programme on top of $1.2 billion left unfinished after the previous programme was suspended during its agreement to acquire ARC Resources.