Despite Shell’s exit from the first phase, it may consider involvement in expansion phases. Regardless, development plans for Phase 1 remain unchanged with plans for two FLNG units with combined ...

Shell plc SHEL is reportedly in advanced negotiations to acquire LLOG Exploration Offshore in a transaction valued at more than $3 billion. If finalized, the deal would mark a major strategic push to ...

UK supermajor Shell has received key approvals from Australia’s offshore regulator NOPSEMA, which enable the operator to forge ahead with its US$2.5 billion Crux gas field development. Crux is being ...

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 is facing a lawsuit alleging the company conducted a corporate reorganization that racially discriminated against White employees. America First Legal (AFL) filed a lawsuit on Wednesday in the U ...

Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower oil and gas prices and weaker trading results.

Shell Plc said second-quarter results will be undermined by a weaker performance from the energy giant’s fabled oil and gas trading operation. Earnings from the division are expected to be ...

Before joining Investopedia, David Marino-Nachison was an editor at The Wall Street Journal focused mainly on daily markets and investing news. He also worked on The Journal’s publishing desk; as a ...

BP’s stock rallied on Wednesday, and shares of Shell fell, after the Wall Street Journal reported the two companies were holding merger talks. U.S.-listed shares of BP BP jumped 7%, while Shell shares ...

Rising oil prices driven by geopolitical tensions have significantly boosted the stock values of Shell and BP, two major companies on the FTSE 100. Despite a challenging first quarter with weakened ...