The major oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an international arbitration process to challenge a $5B fine for allegedly exceeding sulfur storage limits at ...

Shell PLC discovered more oil on the United States side of the Gulf of America in the Norphlet play, license partner INEOS Group Ltd said Monday. Nashville "marks INEOS' first successful exploration ...

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...

Shell (SHEL) is looking to sell a 20% stake in Brazil's Gato do Mato oilfield cluster to help fund the multibillion-dollar offshore development, Bloomberg reported Tuesday. The company agreed to ...

Equinor ASA and Shell PLC have completed the combination of their oil and gas operations on the United Kingdom's side of the North Sea. Launched Monday, Adura, the 50-50 joint venture, "will be the UK ...

Shell Plc said the performance of its oil and gas trading operation recovered in the third quarter, after struggling with geopolitical volatility in the previous period. The division’s performance was ...

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 ...

After calling an interim suspension of works on the planned 820,000-tonnes/year biofuels plant in 2024 to reassess competitiveness, Shell said on Sept. 3 it will not resume construction on the ...

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, ...

Nation’s First Critical Minerals Mine Nears Approval in Biodiversity Hotspot One Year After Green Bank’s Demise, Court Mulls Future of Grant-Based Climate Policy Summer in March? Unusual Heat Wave ...

Shell will kick-off a new exploration drilling drive in 2026 on its geologically complex licence in Namibia’s Orange basin in a fresh effort to find commercial volumes of oil, according to the ...