To support fleets in meeting their sustainability targets, Shell has launched a new program called "Accelerate to Zero". Shell has created a mix of solutions that will drive decarbonization and integrate likeminde ...
BG Ltd., wholly owned by Shell plc, has signed an agreement with ExxonMobil Egypt (Upstream) Ltd. under which Shell will fully acquire and manage the Northeast Amriya Offshore Concession in the Nile Delta in the M ...
Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the Production Sharing Contract (PSC) with Petrobras to acquire 25 % stake of the Atapu field.
Through this acquisition, Rosneft will increase its ownership in PCK from 54.17 % to 91.67%.
The Brazilian government granted 59 exploration permits for oil and natural gas fields to 13 companies on Wednesday, among them Shell (SHEL.L), TotalEnergies (TTEF.PA) and 3R Petroleum (RRRP3.SA)
Petrobras (PETR4.SA) announced on Wednesday that it has received 5.26 billion reais ($1.12 billion) in compensation from Shell (SHEL.L) for the latter's 25% ownership in the Atapu oil block.
To avoid falling foul of European Union sanctions against Russia, major global trading decided to reduce purchases of crude and fuel from Russia's state-owned oil companies as early as May 15, Reuters reported.
Shell announced that it will write off up to $5 billion after announcing its decision to exit Russia.
Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.
PTTEP International, a subsidiary of the Thai national energy company PTT, confirmed it decision to take over the operatorship of Yadana and MGTVC in addition to TotalEnergies' share in Yadana.
