Shell says oil is on its way out. In a Thursday statement, the fossil fuel giant said its “oil production peaked in 2019,” and that we can now expect it to decline gradually by 1 or 2% per year. Shell ...

Shell’s $16.4 billion acquisition of ARC Resources is set to increase production, expand reserves, and reinforce its long-term strategy, reflecting a broader shift by energy majors toward oil and gas ...

Shell announces agreement to acquire Canadian energy company, ARC Resources Ltd (“ARC”). Acquisition accelerates Shell’s strategy by adding 370 kboe/d1 immediately across liquids and gas leading to a ...

A pipeline leak of about two barrels of oil forced Shell to temporarily halt crude oil production at three of its drilling platforms in the Gulf of Mexico, the company said Friday. The leak happened ...

Shell Offshore has taken final investment decision for a phased campaign to deliver three wells in Great White oil field designed to boost production at the Perdido spar in the US Gulf of Mexico.

As Shell PLC (NYSE:SHEL) prepares to release its third-quarter earnings during Thursday’s pre-market session, analysts and investors are closely watching to see how the company has navigated volatile ...

Shell Plc SHEL stock fell on Thursday after the company reported mixed first-quarter fiscal 2026 results. Stronger earnings and a higher dividend were offset by weaker-than-expected revenue, rising ...

Shell intends to build a sustainable aviation fuel and renewable diesel production facility at its shuttered Convent refinery, according to documents filed with Louisiana Economic Development. Shell ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...

Shell plc's SHEL subsidiary, Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s position ...

Shell PLC has put onstream a second tieback to the Appomattox production hub in the Gulf of America. Dover, discovered 2018 in the deepwater Norphlet play, contributes 20,000 barrels of oil equivalent ...