The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.

Shell plc is shifting focus towards maximizing shareholder value by emphasizing liquids and gas production, expanding LNG trading, and pausing less profitable biofuel projects. Despite the shift ...

Shell (SHEL) has cut production at Norway’s Ormen Lange natural gas field by ~40% after technical problems forced one of the field’s two subsea compressor stations offline, OilPrice.com reported ...

Environmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bn ...

Shell and Equinor's joint venture will be established in Aberdeen, Scotland in an effort to sustain fossil fuel production and the security of energy supply in the U.K. The companies plan to complete ...

Shell plans to eliminate some of its current gas stations while putting further emphasis on EV charging. "We are upgrading our retail network, with expanded electric vehicle charging and convenience ...

Shell’s profits have more than doubled while Americans keep paying more at the gas pump - ‘When wars make oil companies richer, something’s seriously messed up in the world,’ one social media user not ...

By Stephanie Kelly and Shadia Nasralla LONDON, July 30 (Reuters) - Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher ...

By Stephanie Kelly Aug 3 (Reuters) - Shell is selling its onshore European renewables unit to TotalEnergies, the companies ...

Shell is set to invest in the next phase of Arrow Energy's Surat Gas Project in Queensland, Australia, to secure ongoing gas supply for both domestic customers and its Queensland Curtis liquefied ...

Located in the eastern Mediterranean, the Aphrodite gas field is due to start production in 2031.