The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...
European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...
President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...
Petrobras and Shell acquired additional interest in two presalt oil projects offshore Brazil following an auction led by Pré-Sal Petróleo SA. Petróleo Brasileiro SA (Petrobras) and Shell Brasil ...
Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...
Shell Rotella’s new Knowledge Hub helps fleets understand and prepare for the upcoming API PC-12 oil standards. PC-12 engine oils will improve durability, efficiency, and emissions performance for ...
One of Africa’s biggest oil producers, Angola, will sign next week an exclusive agreement with Shell under which the supermajor will explore and potentially develop several offshore blocks, Angola’s ...
Shell reported better-than-expected quarterly earnings Thursday but is preparing for an oversupplied oil market in the year to come. "I think there's a credible scenario to see oversupply in 2026," ...
A top executive for oil giant Shell spoke out against the Trump administration’s crackdown on the renewable energy industry over the weekend, warning that halting fully permitted projects would be ...
Amnesty International stated on Thursday that the oil company Shell bears responsibility for cleaning up and remedying historic oil pollution in Nigeria’s Niger Delta, despite the company’s divestment ...
Shell Plc’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. Shell, ...