Shell Steps In to Rescue Raizen With Major Capital Commitment

SHEL plans a $668M lifeline for Raizen as rescue talks collapse, raising stakes in Brazil's sugar-ethanol giant and reshaping ...

Shell committed to backstop Raizen with $668 million investment, Brazil CEO says

By Fabio Teixeira and Marta Nogueira RIO DE JANEIRO, March 3 (Reuters) - London-listed oil company Shell is committed to ...

Shell sees 'enormous opportunity' for Brazil oil amid Middle East conflict

The U.S.-Israeli conflict with Iran ‌presents Brazil with an "enormous opportunity" to attract investments to develop its oil ...
NBC Connecticut

Shell CEO Ben Van Beurden to Step Down, Renewables Boss Wael Sawan to Take the Helm

Oil giant Shell on Thursday announced that CEO Ben van Beurden will step down at the end of the year after nearly a decade at the helm. Stream Connecticut News for free, 24/7, wherever you are. Wael ...
Hydrocarbon Processing

Shell committed to backstop Raizen with $668-MM investment, Brazil CEO says

Raizen has reported a string of losses and soaring net debt in recent quarters amid costly investments and poor weather negatively impacting crops, prompting the company to warn in February of ...