Much like the automobile industry, the oil industry has a long history of consolidation, with smaller companies gradually ...

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 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 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 ...

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 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 ...

LONDON, Dec 16 (Reuters) - Oil major Shell (SHEL.L), opens new tab has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming to boost oil ...

Shell (SHEL) is looking to sell a 20% stake in Brazil's Gato do Mato oilfield cluster to help fund the multibillion-dollar offshore development, Bloomberg reported Tuesday. The company agreed to ...

Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...

A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...