UK supermajor Shell confirmed that it has reached agreement with Russian state-controlled oil producer Gazprom Neft to hand over its 50% shareholding in the Salym Petroleum Development venture in West ...

Income attributable to Shell plc shareholders, compared with the fourth quarter 2024, reflected lower exploration well write-offs, lower operating expenses and higher Products margins. First quarter ...

Shell has reported a bumper annual profit of more than $28bn for 2023 — a year in which $23bn was distributed to shareholders — as Europe's biggest oil company faced more protests from climate ...

Shell is looking to liquidate one of its two remaining Russian subsidiaries, just days after the Russian authorities launched a court action that could be an attempt to recover $1 billion awarded to ...

Growth in oil and gas production ends immediately in Shell’s latest pathway for staying below 1.5C, new Carbon Brief analysis reveals. The admission that continued growth in fossil fuel output is ...

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 ...

Rising energy prices, along with cost cutting, helped secure the soaring result at Europe’s largest energy company. By Stanley Reed Shell, Europe’s largest energy company, reported on Thursday its ...