Shell is weighing investments in certain offshore natural gas opportunities in Venezuela involving investments worth a few ...

The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.

Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but ...

Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil prices, but kept its bumper share buyback programme.

Oil analysts who worked in Iraq say Iraqi oil sales had more protections after the U.S. invasion than Venezuelan oil sales ...

Chevron has signed an initial agreement to start working in Syria, weeks after the Syrian government seized control of key oil and gas fields in the north of the country.

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...

European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...

Shell PLC discovered oil in the Norphlet formation near Appomattox in the Gulf of Mexico, said INEOS Energy in a Dec. 22 release. The Nashville exploration well was drilled more than 5 miles beneath ...

Shell plc SHEL, a London-UK-based integrated oil and gas company, and INEOS Energy have announced a significant oil discovery in the Norphlet formation in the Gulf of America. The exploration well, ...

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 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 ...