May 21, 2024
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Shell earns $1 billion a year from US crude trading, court filing shows

  • April 29, 2024

By Arathy Somasekhar and Ron Bousso HOUSTON (Reuters) – Financial details of Shell’s vast oil and gas trading business are some of the company’s closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S. crude trading regularly earns around $1 billion every year. Testimony by a former head of Shell’s

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Funds

Dutch Fund Sells $3 Bln of Stock in Shell, BP and TotalEnergies

  • February 8, 2024

Published: Feb. 8, 2024 at 6:41 a.m. ET By Christian Moess Laursen One of the largest pension funds in the Netherlands, PFZW, has sold all of its stakes in Shell, BP and TotalEnergies, saying they aren’t investing fast enough in the switch from fossil to low-carbon fuel. PFZW–which managed around $256 billion at the end

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