(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds ...

Shell and Ferrari sign a long-term green power deal, a major step for Ferrari's decarbonization strategy and a benchmark for ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...

Shell held its first investor update since 2023, when it first announced a renewed focus on returns. With its latest update, it maintained this focus, announcing additional cost reductions, reduced ...

Appomattox, a deepwater oil platform, floats about 80 miles off Louisiana, in the Gulf of Mexico. Run by Shell, it’s one of several offshore operations that oil companies are continuing to invest in, ...

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 ...

Oil major Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company. The joint venture will be established in ...