Wednesday, February 5, 2025
Shell ends 2021 on high note, hikes dividend and boosts buybacks- oil and gas 360

Shell ends 2021 on high note, hikes dividend and boosts buybacks

Finance Yahoo LONDON – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled by higher oil and gas prices and strong gas trading performance. The strong results cap a dramatic recovery in 2021 for Shell and the oil and gas sector after energy demand and prices collapsed in

Offshore wind powerhouse Siemens Gamesa sees its value nearly halve in a year- oil and gas 360

Offshore wind powerhouse Siemens Gamesa sees its value nearly halve in a year

CNBC Siemens Gamesa Renewable Energy has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve. The wind turbine manufacturer on Thursday said it continued to be “challenged by market dynamics,” as supply chain disruptions weighed on results. Between October and December 2021, the company said revenue fell to 1.83 billion euros