Shell is shutting down its electric vehicle (EV) charging company, Volta Inc., which it acquired in 2023 and integrated into its Shell Recharge Network, two sources with direct knowledge of the news ...
The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
By Shadia Nasralla and Stephanie Kelly LONDON, Feb 5 (Reuters) - Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil ...
Shell has announced plans to wind down operations of Volta Inc., the electric vehicle (EV) charging company it acquired in 2023, as part of a strategic pivot toward fast charging infrastructure at ...
Shell will reduce its Executive Committee to eight members following the departure of Projects and Technology President Robin Mooldijk as the company completes a major organisational simplification.
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
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