Shell has wrapped up drilling operations on its closely-watched Falcao-1 wildcat offshore Sao Tome & Principe. Targeting an Upper Cretaceous prospect in about 3000 metres of water in Block 10, this ...
UK supermajor Shell has announced it is pulling out of the initial phase of the multibillion-dollar Argentina LNG project, a year after announcing its participation in the project. Shell and Argentina ...
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 Plc said the performance of its oil and gas trading operation recovered, after struggling with geopolitical volatility in the second quarter. The division’s performance was “significantly higher ...
The Trump administration’s decision to halt fully permitted offshore wind energy projects is “very damaging” to investment, Shell US President Colette Hirstius told the Financial Times in a report ...
Shell’s strategy focuses on cost reductions, increased shareholder returns, and maintaining strong upstream and downstream operations to ensure stability in a volatile energy market. Management is ...
Shell is facing a lawsuit alleging the company conducted a corporate reorganization that racially discriminated against White employees. America First Legal (AFL) filed a lawsuit on Wednesday in the U ...
This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, energy and the environment. POTTER TWP. ― In 2020, the Department of Energy ...
Skydance’s acquisition of Paramount Global put former NBCUniversal CEO Jeff Shell back in charge of a broadcast network. As President of the newly merged Paramount, he oversees the day-to-day ...
Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower oil and gas prices and weaker trading results.
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
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