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Shell is making a quiet but pointed return to Angola’s offshore oil patch, signing a deal to acquire a 35% stake in two deepwater blocks from a Chevron subsidiary, as international majors circle a ...

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...

European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...

Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season. Oil trading results for the ...

Shell expects its chemicals and products division to swing to a loss in the fourth quarter of 2025, on the back of lower chemicals margin compared to the previous quarter, the UK-based supermajor said ...

Shell Plc signed a deal to acquire a 35% stake in two oil blocks offshore Angola from Chevron Corp.’s subsidiary in the southern African nation, the London-based energy giant said Tuesday. Shell did ...

LONDON, Jan 6 (Reuters) - Shell (SHEL.L), opens new tab has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron (CVX.N), opens new tab, the ...