Shell | Egypt Oil & Gas

Shell Receives First Commercial LNG Cargo From US’ Venture Global

British energy giant Shell has received the first liquefied natural gas (LNG) cargo under a long-term sales contract from US-based Venture Global’s Plaquemines export facility in Louisiana, following the start of comm...

Shell Adjusted Earnings Double in Q3 2026

UK energy major Shell reported adjusted earnings of $10.8 billion in the third quarter (Q3) of 2026, doubling from $5.4 billion in the same period last year, driven by strong refining and gas performance, which outwei...

bp to Sell Brazilian and Gulf of Mexico Exploration Assets to Shell

British Petroleum (bp) has agreed to sell stakes in several exploration assets to Shell as part of its strategy to streamline its portfolio and strengthen capital allocation, bp said in a press release. Under the agre...

Shell Completes $16.5 Bn Acquisition of ARC Resources

Shell has completed its previously announced acquisition of Canadian energy company ARC Resources Ltd., following the receipt of all required shareholder, court, and regulatory approvals, according to a press release ...

Shell to Acquire Full Ownership of Tri Star Energy in US Retail Expansion

Shell (operating through its subsidiary Equilon Enterprises) has agreed to increase its stake in Tri Star Energy, LLC from 33% to 100%, strengthening its company-owned mobility and convenience retail presence in the s...

Shell Ends Schwedt Refinery Stake Sale Talks with Poland’s Unimot

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. The discussions, which began in 2023, ...

Shell Takes FID on Phase 12a Development in Egypt’s WDDM Concession

BG Delta Limited, a subsidiary of Shell plc, and its partners have taken a Final Investment Decision (FID) on the Phase 12a development project in Egypt’s West Delta Deep Marine (WDDM) concession offshore the Mediterr...

Shell’s US Chemical Assets Attract Interest From ExxonMobil, LyondellBasell

Oil major Shell has attracted interest from several potential buyers for its US chemicals business, with the assets potentially valued at up to $8 billion, Reuters reported, citing the Financial Times. ExxonMobil and ...

Shell Signs Deal to Sell European Onshore Renewables Portfolio to TotalEnergies

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 wher...

Velox-1X Shows Promising Oil Discovery in Western Mediterranean

Drilling of the offshore Velox-1X exploratory well in the North Cleopatra concession in the Western Mediterranean has revealed promising oil indicators, confirming a functioning petroleum system and crude oil in the a...

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