Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...

UK supermajor Shell has announced it is pulling out of the initial phase of the multibillion-dollar Argentina LNG project, a year after announcing its participation in the project. Shell and Argentina ...

This article originally appeared on Inside Climate News, a nonprofit, non-partisan news organization that covers climate, energy and the environment. POTTER TWP. ― In 2020, the Department of Energy ...

BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...

Shell is retreating from renewables and doubling down on fossil fuels, despite outlining a green future. The company forecasts a tipping point for clean technologies and sees electrification as a key ...

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico. The start ...

Shell PLC (NYSE:SHEL) shares are trading higher Tuesday following an upgrade from Morgan Stanley. Martijn Rats upgraded Shell shares from Equal-Weight to Overweight and raised the price target from ...

A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of ...

A Dutch court has upheld Shell's appeal against a 2021 verdict forcing it to almost halve oil and gas emissions by 2030. A Dutch appeals court has struck down a 2021 ruling ordering oil and gas giant ...

A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should not be hit with arbitrary pollution-reduction requirements. By Stanley ...

British oil giant Shell reported adjusted earnings of $6 billion for the July-September period, beating analyst expectations of $5.3 billion, according to estimates compiled by LSEG. The energy ...

Shaina is a Features Author and former editor for Collider who is thrilled to have found a good use for her English degree. Having watched her way through a Film minor in undergrad, she's written on ...