Shares in the company dipped as it also pointed towards a loss in its troubles chemicals and products division.
Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.
Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1.5 billion.
Shell is making a quiet but pointed return to Angola’s offshore oil patch, signing a deal to acquire a 35% stake in two ...
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron , the ...
Shell Plc signed a deal to acquire a 35% stake in two oil blocks offshore Angola from Chevron Corp.’s subsidiary in the ...
At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.
Tensions over territory have continued to simmer, despite the recent detente between Moscow and China following Vladimir ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. 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 ...
John D. Harris, former CEO of Coulson Oil, contends he didn't improperly charge millions of dollars on his company credit cards and was fired because he blew the whistle on Coulson's ownership ...
Shell reported better-than-expected quarterly earnings Thursday but is preparing for an oversupplied oil market in the year to come. "I think there's a credible scenario to see oversupply in 2026," ...