shell News

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Shell denies report of acquisition talks with BP

Shell has denied a report by The Wall Street Journal claiming the company is in early talks to acquire rival oil giant BP. “This is further market speculation. No talks are taking place,” Shell said in a statement.

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Shareholder objects to Shell’s sale to Wafi Energy

A minority shareholder filed a complaint against Shell Plc’s unit in Pakistan over its sale to Saudi Arabia’s Wafi Energy Holding Ltd. earlier this year...

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Saudi Group acquires 77.42% stake in Shell Pakistan

In a recent development, Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42% shareholdings and control of Shell...

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Shell Pakistan records Rs5.9bn profit in 2023

Shell Pakistan Limited (PSX: SHEL) unveiled its profit and loss statement for 2023, wherein the profit after tax clocked in at Rs5.85 billion [EPS: Rs23.34]...

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Shell sells Nigerian oil assets for over $1.3bn to local consortium

Shell Plc agreed to sell its Nigerian onshore oil assets to a consortium of local companies for more than $1.3 billion...

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Shell to complete 77.42% stake sale in Shell Pakistan to Wafi Energy by 4Q2024

Shell Petroleum Company Limited (SPCo) has agreed to sell its 77.42% majority interest in Shell Pakistan Limited (PSX: SHELL) to....

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Shell reports $6.2bn earnings in 3QCY23, boosted by refining, LNG

Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong....

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WAFI Energy LLC intends to acquire 77.42% shares of Shell Pakistan

Arif Habib Limited as the manager to the offer by WAFI Energy LLC, has submitted a public announcement of Intention to acquire up to 77.42% shares of Shell...

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Shell Pakistan’s profit surges by 2.25x YoY in 9MCY23

Shell Pakistan Limited (PSX: SHEL) achieved a noteworthy increase in its profitability during the first nine months of 2023, with a remarkable growth of 125...

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Prax Overseas Holdings to acquire up to 77.42% stake in Shell Pakistan

Prax Overseas Holdings Limited has publicly announced its intention to acquire up to 77.42% of the issued and paid-up share...

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Name Price/Vol %Chg/NChg
KSE100 178,034.53
202.93M 		0.19%
338.03
ALLSHR 107,972.22
436.50M 		0.25%
267.04
KSE30 53,033.22
53.25M 		0.19%
100.19
KMI30 252,942.44
56.39M 		0.45%
1143.85
KMIALLSHR 69,780.53
274.11M 		0.49%
337.91
BKTi 50,337.03
33.02M 		-0.31%
-154.28
OGTi 36,334.19
2.13M 		0.75%
271.98
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,205.00 79,560.00
77,320.00 		370.00
0.48%
BRENT CRUDE 90.64 90.98
89.03 		2.54
2.88%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00 		-2.10
-1.76%
ROTTERDAM COAL MONTHLY 131.50 0.00
0.00 		0.05
0.04%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00 		0.00
0.00%
CRUDE OIL - WTI 85.63 86.02
84.11 		2.23
2.67%
SUGAR #11 WORLD 17.56 0.00
0.00 		0.00
0.00%
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