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Sector Update: Energy
Energy stocks were advancing premarket Tuesday, with the Energy Select Sector SPDR Fund (XLE) 0.7% higher. The United States Oil Fund (USO) was up 0.7% and the United States Natural Gas Fund (UNG) was
Stocks to Watch as Category 5 Hurricane Beryl Heads to Jamaica
Shell (UK) (SHEL) Receives a Hold From UBS
Buy Rating Affirmed for Shell Amid Strategic Pause in Biofuels Project
Shell has suspended its biofuel plant project in the Netherlands to reduce costs.
Shell announced on Tuesday that it is temporarily suspending plans to build a biofuel plant in the Netherlands in order to seek cost reductions for the project.
Shell Pauses Construction of Dutch Biofuels Project to Cut Costs
(Bloomberg) -- Shell Plc has temporarily paused construction of a biofuels plant in the Netherlands in order to seek ways to cut the cost of the project.