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Shell To Divest Nigeria Onshore Oil Business For $1.3B

Benzinga

Tuesday, Oil giant Shell PLC (NYSE: SHEL ) said it has agreed to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance , a consortium of five companies. The consideration payable to Shell as part of the transaction is $1.3

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Why Volta Stock Is Charging Higher Today

Benzinga

Shares of electric vehicle charging company Volta Inc (NYSE: VLTA ) are trading higher Wednesday after the company announced it will be acquired by Shell USA, a subsidiary of Shell PLC (NYSE: SHEL ).

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Shearman & Sterling Discusses Personal Liability in UK of Directors for Climate Strategy

Reynolds Holding

In a potentially precedent-setting case, 11 directors of global energy company Shell Plc (formerly Royal Dutch Shell Plc) [1] are being sued in their personal capacity over the company’s energy transition strategy. It follows the May 2021 ruling of the District Court of The Hague in Milieudefensie et al.

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Shell recommends ADS holders reject mini-tender offer

Benzinga

Shell plc recommends shareholders reject mini-tender offer by TRC Capital Investment Corporation. percent of the outstanding issued ordinary shares of the Company as at the close of business on December 7, 2022, at a price of $53.25 Shell is in no way associated with TRC, the mini-tender offer or the offer document. .

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Comcast's Next Major Move: Potential Gaming Acquisitions and Streaming Expansion

Benzinga

The company's last significant acquisition was U.K. TV broadcaster and broadband provider Sky Plc in 2018. The NBCUniversal division has been coping with the departures of CEO Jeff Shell over sexual harassment allegations and ad chief Linda Yaccarino, who quit for Twitter Inc. Roberts looks to own more of the content.

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From “Corporate Social Responsibility” to “Corporate Social Liability”?

Reynolds Holding

CSL goes beyond classic tort and company law and may result in vicarious liability of parent companies for the misconduct of subsidiaries and third-party business partners. Violations of the new duties of care give victims from around the world a potential cause of action against Swiss companies in Switzerland. [2].

Banking 124
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Lubricants Market to Hit USD 139.12 Billion by 2029 | Increasing Demand for Synthetic Lubricants to Fuel Market Growth

Benzinga

List of Key Lubricants Market Players: Petro China Company Limited ( Beijing, China). Royal Dutch Shell Plc (Hague, Netherlands). BP Plc (London, U.K.). Additionally, the escalating demand for improved lubricants from the industrial sector is predicted to uptick market growth in the forthcoming years.