The bulk of new diesel supply stemming from a $1 billion expansion at the UK’s largest oil refinery operated by Exxon Mobil Corp. (NYSE:XOM) will be available in the first quarter of 2025.
A former BP and Shell worker has been recognised as the world's oldest living man by Guinness World Records.
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
Deltic Energy (AIM: DELT) has completed its farm-out deal with Dana Petroleum for a 25% stake in the North Sea’s Salene project.
Lawyers for Shell argue landmark 2021 climate ruling could have disastrous consequences as appeal gets underway.
Shell is appealing a court ruling ordering the oil and gas supermajor to cut its carbon emissions by 45% by 2030.
Contract race also started 60-well P&A campaign for Spirit Energy
Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home — this time to swallow, rather than spew, planet-warming industrial emissions.
Shell (LON: SHEL) has disclosed nearly $750m of tax rebates received from the UK Government for decommissioning its Brent oilfield in the North Sea.
Shell (LON: SHEL) plans to divest 500 retail sites annually over the next two years, responding to a growing demand for electric vehicle chargers.
There’s been a raft of relegations and promotions in the last year for the league table of the top 15 production hubs in the UK North Sea.
Shell (LON: SHEL) has weakened its carbon emissions targets for the next decade, but said it still intends to become a net zero company by 2050.
Shell’s (LON: SHEL) chief executive Wael Sawan earned just shy of £8 million from his work with the London-listed supermajor in 2023.
Shell (LON: SHEL) will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.
Shell (LON: SHEL) has been considering slowing the pace of its carbon emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.
Shell has awarded a service contract to Australian engineering firm Worley for work on its green hydrogen project at the Port of Rotterdam, which is set to be Europe's largest.
The Shell Pierce project in the UK North Sea is due to restart production later in March after a six-month outage.
A new report suggests Big Oil continues to link executive pay to increased fossil fuel production, even if this conflicts with energy transition targets and climate policies.
Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions.
The distinctive Altens building has been a prominent part of the city skyline for decades.
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
Onshore operations in Nigeria have long been a challenge for operators, with a laundry list of problems including political challenges, sabotage, bunkering and foreign exchange.
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
“Two or three years ago all you would hear about [from policymakers] was decarbonisation. Now, I think there’s much more balanced conversation around security of supply, affordability and decarbonisation,” Hill said.
Shell Plc (LON:SHEL) is looking to sell part of its stake in a wind farm it built off the coast of the Netherlands as the company aims to drive more value for shareholders.