U.S. shares fell 2.8% on Monday after the oil major flagged weaker first-quarter production due to unplanned maintenance. The ...

Such transfers are routine in the offshore oil industry, but something went wrong on the Bonga, owned by energy giant Shell.

An internal review of Shell's oil production ship fleet in 2022 shows that, 11 years after the Bonga spill, problems remained ...

U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, ...

U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a ...

MODEC has inked a purchase and sales agreement and secured a 20-year contract for the operation and maintenance of the ...

Shell SHEL-0.65%decrease; red down pointing triangle said it is targeting hydrocarbon production growth and plans to further increase shareholder returns as the energy giant outlined its strategy ...

The gas and oil company is struggling to recover from record losses after Putin’s full-scale invasion of Ukraine destroyed its business model ...

“Shell has its toes dipped in the renewable energy pool but hasn’t jumped face first into all things green,” AJ Bell investment director Russ Mould noted Tuesday. “It’s clear that oil and gas remain ...

The British energy company is planning to invest heavily in liquefied natural gas even as its oil production stays flat ...

Shell on Tuesday pledged to return more cash to shareholders on the back of higher LNG sales, mainly via buybacks, trimmed ...

Shell did not say where the axe would fall but it is thought that its plants in the UK, which are mainly focused on gas, are unlikely to be affected. It is the latest sign of major oil companies ...