bp has agreed to sell exploration stakes in Brazil’s Santos Basin and the Gulf of America to Shell, while retaining operatorship of both assets as part of its portfolio optimization strategy.
Shell has completed its acquisition of ARC Resources, adding 370,000 boe/d of production and strengthening its long-term growth and cash flow outlook.
Shell has agreed to acquire full ownership of Tri Star Energy, expanding its company-owned fuel and convenience retail network across Tennessee and neighboring US states as part of its strategy to focus capital on ...
British oil major Shell has ended negotiations to sell its 37.5% stake in Germany’s PCK Schwedt refinery to Polish energy company Unimot, Reuters reported, citing Bloomberg News.
Shell and its partners have taken a Final Investment Decision (FID) to develop Phase 12a in Egypt’s West Delta Deep Marine concession, comprising three deepwater subsea wells with first gas expected in 2028.
Shell is considering selling its US chemicals business, valued at up to $8 billion, with ExxonMobil, LyondellBasell, Apollo Global Management, and Kuwait Petroleum’s chemicals arm reportedly interested.
Shell announced signing a Sale and Purchase Agreement (SPA) to sell its entire European onshore renewables portfolio to TotalEnergies as part of its strategy to optimize capital allocation and focus on businesses ...
Drilling at the offshore Velox-1X exploration well in the North Cleopatra Block confirmed there is an active petroleum system and crude oil reserves in the area. These findings
Canadian ARC Resources announced that its shareholders approved the company’s acquisition by Shell, according to a press release by ARC. Shell announced earlier this year it would buy the Canadian natural gas prod ...
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, has signed an agreement with Aditya Birla Renewables Limited (ABRen) to divest its entire stake in Solenergi Power Private Limited, including ...
