Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola. The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to ...

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," ...

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, ...

Shell Plc said second-quarter results will be undermined by a weaker performance from the energy giant’s fabled oil and gas trading operation. Earnings from the division are expected to be ...

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...

Shell has denied a report in the Wall Street Journal saying it was in early talks to acquire BP, a long whispered move that could boost Shell’s ability to compete with Exxon Mobil and Chevron at a ...

A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any such ...

Shell Plc’s former head of oil trading in the U.S. was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative ...

Shell SHEL0.94%increase; green up pointing triangle will buy TotalEnergies’ TTE 0.80%increase; green up pointing triangle stake in an oil field offshore Nigeria for $510 million, increasing its ...

The Dutch NGO that won a historic court verdict in 2021 in a pioneering climate lawsuit against the oil major Shell announced on Tuesday that it is launching a new case against the company, with the ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...

Shell PLC and its partners have begun producing petroleum in the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) Phase 4 deepwater project on the border of Malaysia and Brunei. The consortium expects ...