Shell expects to drill in Brazil's Pelotas Basin in 2028, executive says
Shell expects to drill in 2028 an exploratory well in Brazil's Pelotas Basin, a new oil exploration frontier in Latin America's No.1 economy, an executive said at an event in Rio de Janeiro on Thursday.
Shell Acquires Bonga Field Stake Offshore Nigeria From TotalEnergies
SHEL's acquisition of TTEs 12.5% stake in the Bonga field aligns with its strategy of focusing on deepwater and offshore operations in Nigeria.
Shell to Buy TotalEnergies' Stake in Nigerian Oil Field for $510 Million
The stake increases Shell's interest in the deep-water Bonga field to 67.5% from 55%.
Shell to Exit Mexico Retail Fuel Market Amid Regulatory Shift
SHEL to leave Mexico fuel retail, transferring more than 200 stations and logistics to Iconn, as local firms strengthen their hold on the market.
Shell Reshapes Operations in Indonesia With Fuel Business Divestment
SHEL divests its fuel retail arm in Indonesia to Citadel & Sefas JV, retaining its lubricant business as part of a strategic portfolio transformation.
Could a Shell–BP merger really work? It depends on how much risk Shell wants to take
Talk of a mega-merger between Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) is heating up.
Shell Expects Major LNG Exporters Turning Into Importers
SHEL expects former LNG exporters like Indonesia and Algeria to turn into importers, boosting global demand amid Asia's growing energy needs.
Shell Secures Legal Victory in US Over $58M Nigeria Lawsuit
SHEL secures dismissal of a $58M lawsuit filed against it, affirming jurisdictional boundaries for international business disputes.
Shell Faces Shareholder Pressure Over LNG Growth Strategy
As SHEL doubles down on gas and LNG, a fifth of its shareholders question the climate and economic logic of its long-term energy transition plan.
Shell Faces Renewed Legal Pressure on Fossil Fuel Expansion
SHEL's fossil fuel expansion draws new legal threats in Netherlands, claiming it violates a court order to cut carbon emissions.
Shell's Output Expansion Plan for Perdido Development Faces Delay
SHEL operates the Perdido offshore development and holds a 35% working interest. The remaining 65% interest is held by Chevron and other partners.
With Or Without BP, Buy Shell
Shell's potential acquisition of BP could offer substantial synergies and shareholder returns, though it's not confirmed yet. Shell's strong financials include $4.8 billion in quarterly income, manageable $41 billion net debt, and robust FCF and capital investments. Shell's diversified portfolio, especially in LNG, supports strong segment performance and profitable CFFO, even in a weak oil price environment.
