The approval of the North Sea oil fields has been quashed while a revised environmental impact assessment is submitted.
Shell posted $16.79 billion in full-year profit measured on a net current-cost-of-supplies basis--a metric similar to the net income that U.S. oil companies report. This compares with $20.28 billion a ...
CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage ...
Permissions for Shell’s Jackdaw and Equinor’s Rosebank oil and gas fields were granted unlawfully, Scottish court rules, & fresh consent needs to be sought ...
The London-listed company raised its dividend by 4% while posting earnings of $23.7bn (£19.1bn) for the calendar year, down from $28.3bin dollars (£22.8bn) in 2023 ...
A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for ...
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The Labour government has banned issuing new oil and gas licenses in the North Sea. Ministers accepted that approving ...
The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.