Shell oil company released a statement Saturday saying it is "appalled" by Russia’s invasion of Ukraine and will do what it can to avoid purchasing oil from Russia while acknowledging that it recently ...

Imagine, for a moment, that you’re the head of a publicly traded oil company. In your corner office, a team of executives has come to pitch you on a new, possibly lucrative drilling opportunity. It’s ...

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

Shell, which maintains U.S. headquarters in Houston, has a 79 percent interest and INEOS a 21 percent interest in the exploratory well (or test to see if there's oil down there) Nashville. For the ...

Shell is an energy powerhouse with a robust LNG business, $30 / barrel breakeven, hyper-growth renewables arm, double A credit rating, and low valuation. In the next oil downturn, Shell may fare ...

A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...

BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...

Shell bought 100,000 metric tons of Russia’s flagship Urals crude on Friday, say people familiar with the transaction. (Peter Boer/Bloomberg News) Shell PLC has snapped up a cargo of Russian crude at ...