British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves fell to the lowest levels since 2013, exposing the company to a production ...

CVX and SHEL battle for energy dominance as production growth, LNG strength, debt levels and valuation gaps shape which oil major stands out now.

LONDON, Feb 10 (Reuters) - Shell CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets. In March, Sawan projected a 100,000 to ...

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 ...

Shell and analysts agree that the company needs to find a way to increase production to compensate for an expected shortage of between ...

The United States has approved new licences allowing major international energy companies — BP plc (LSE: BP), Chevron ...

Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...

Petralon Energy has secured strong backing from Shell Western Supply and Trading following its achievement of first oil at the Dawes Island Field. The ...

The Kaikias waterflood project, planned to start in 2028, will inject water to displace additional oil, boosting recovery and prolonging the operational life of Shell's Ursa platform in the Gulf of ...

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...

CEO Adonis Pouroulis talked with Proactive's Stepyen Gunnion about the company’s acquisition funding agreement to gain ...