European supermajor Shell has agreed to sell a minority working interest in the Orca pre-salt project in Brazil’s Santos basin to Kuwait Foreign Petroleum Exploration Company (Kufpec).

Trouble follows oil like a shimmering slick, challenging the ideals of a presumed enlightened world. Ever since Edwin Drake’s ...

Shell considers investing up to $20 billion in Nigeria's energy sector, with major capital tied to the Bonga South-West and ...

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 ...

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 warned that a weak oil trading performance would drag on its earnings and narrowed guidance for its liquefied natural gas production. The London-based energy giant Thursday said its ...

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 ...

Shell PLC discovered oil in the Norphlet formation near Appomattox in the Gulf of Mexico, said INEOS Energy in a Dec. 22 release. The Nashville exploration well was drilled more than 5 miles beneath ...

Like finding that extra present under the Christmas tree or picking out that travel bottle of Maker's Mark deep down in your stocking, Shell and one of its subsidiaries just made a holiday time ...

Shell plc SHEL, a London-UK-based integrated oil and gas company, and INEOS Energy have announced a significant oil discovery in the Norphlet formation in the Gulf of America. The exploration well, ...

In its first phase due to begin in the next few months, Greensand is slated to store 400,000 tonnes of CO2 per year. CCS technology is a key tool for reducing the CO2 ...

The Kaikias waterflood project, planned to start in 2028, will inject water to displace additional oil, boosting recovery and prolonging the operational life of Shell's Ursa platform in the Gulf of ...