Climate activist group Friends of the Earth Netherlands is taking its court case against oil major Shell to the Netherlands' Supreme Court, as it continues to seek a specific carbon reduction target for the company and its products.
SHEL inks a major drilling contract with Noble Corporation for its Noble semisubmersible rigs, ensuring continued operations in the Americas.
SHEL is all set to restart production at the Penguins field, reducing emissions and securing domestic energy for the U.K.
Wael Sawan, Shell CEO, joins CNBC's 'Squawk on the Street' to discuss how trade tensions will impact oil prices and production, what he's seeing in energy demand, and more.
CNQ is all set to strengthen its oil sands portfolio with an asset swap deal with Shell, increasing its AOSP mines stake to 100%.
The head of oil multinational Shell's Canadian operations is leaving the company after four years at the helm.
Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations in the Niger delta region.
Shell said on Tuesday it has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.
Shell PLC's leadership is said to have flagged scope to pursue further growth in emerging markets as US energy firms turn focus towards domestic operations. Chief executive Wael Sawan in a meeting cited “frustration from political leaders” in such countries over issues with accessing financing, according to Citi analysts.
Talos Energy , a mid-sized U.S. oil producer with operations in the Gulf of Mexico, is poised to name veteran Shell executive Paul Goodfellow as its next CEO, two people familiar with the matter said on Sunday.
Shell's strong 2024 performance includes $13.2 billion in CFFO, $7.5 billion in FCF, and a 4% dividend yield, with a new $3.5 billion buyback program. The company targets 30-40% of CFFO for shareholder distributions, expects 6% annualized FCF growth, and continues to reduce costs. Shell plans over $20 billion in capital expenditures, focusing on oil, LNG, gas, and low-carbon investments, driving future FCF growth.
Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands.