Shell could earn billions of dollars from new Venezuelan gas projects following Donald Trump’s ousting of Nicolás Maduro.

Shell plc SHEL is reportedly considering a return to Venezuela as political and policy changes raise the prospect of renewed foreign investment in the country’s energy sector. The British oil major has long targeted the gas-rich area between Venezuela and Trinidad and Tobago,

Shell and INEOS Energy have announced their first oil discovery in the Gulf of America, following the confirmation of hydrocarbons presence at the Nashville exploration well—a deepwater Norphlet prospect. INEOS holds a 21% working interest in the discovery, while Shell is the operator with the remaining 79%.

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 routine in the offshore oil industry, but something went ...

Shell, which maintains U.S. headquarters in Houston, has a 79 percent interest and INEOS a 21 percent interest in the exploratory well (or test to see if there's oil down there) Nashville. For the well, Shell and INEOS used the offshore rig Deepwater Proteus, which was built in 2016 and is doing work for Shell through May 2026.

Shell oil company released a statement Saturday saying it is "appalled" by Russia’s invasion of Ukraine and will do what it can to avoid purchasing oil from Russia while acknowledging that it recently did purchase crude oil from the country. "We are ...

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

Friends of the Earth Netherlands lawyer Roger Cox and his team arriving at the Court of Justice in the Hague yesterday, to present their case against oil multinational Shell. Oil giant Shell has been taken to court in the Netherlands by activists who ...

Shell Plc has named Wael Sawan as its new CEO, who will succeed Ben van Beurden at the end of 2022. Wael is a 25 year veteran of Shell, currently the Director Integrated Gas, Renewables and Energy Solutions, and was previously the Director Upstream.

Royal Dutch/Shell Group agreed Tuesday to buy Texaco Inc. out of their two oil-refining joint ventures for $2.1 billion in a transaction that would make Shell the largest U.S. gasoline retailer. The deal, completed after nearly a year of negotiations, also ...

BP endured a difficult start to the year when it was forced to ditch its plan to reinvent itself as a green energy business and pivot back to oil and gas. Chief executive Murray Auchincloss has also faced intense pressure from activist investor Elliott Management to shake up the business and improve shareholder returns.