Author: Joshua Mann

The deal would expand Shell’s consumer-facing power business, and it would help the company in its goals for the energy transition.

The buyer is still pursuing acquisition opportunities.

This is the latest iteration of a company going back to 2012.

The company’s staff has gotten used to working remotely, and that means its real estate needs are smaller now than they were before the pandemic.

“The volatility around an uncertain future creates opportunity.”

“Drilling activity could still surprise on the upside due to private E&P operator spending.”

“We’re probably good on wireline for a little while here,” the company’s CFO said. “It’s probably reasonable to expect we would shift focus to our other business lines for our M&A strategy.”

How Houston adapts to the energy transition could be the difference between gaining or losing hundreds of thousands of jobs and billions of investment dollars.

How Houston adapts to the energy transition could be the difference between gaining or losing hundreds of thousands of jobs and billions of investment dollars.

The company expects growth to moderate in the U.S., but it still expects its oil field services business to grow in the near term.