The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. By Gregory Schmidt and Rebecca F.
Competition in the world of business is a good thing for the consumer, right? It keeps prices down and forces innovation. Well, the motor oil space isn't as competitive as you might have thought. For ...
Wael Sawan weighs up production project as company boosts dividends despite 22% drop in full-year earnings Business live – latest updates Shell is considering fossil fuel investments in Venezuela ...
Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...
Shell has canceled its Rotterdam biofuels plant due to financial and competitiveness concerns. The project was intended to produce sustainable aviation fuel (SAF) and renewable diesel. Shell continues ...
Shell posted second-quarter profit of $4.26 billion, beating analyst expectations, and said it would buy back $3.5 billion of shares over the coming three months. The results come shortly after the ...
A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of ...
A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should not be hit with arbitrary pollution-reduction requirements. By Stanley ...
The stars of 'The Handmaid's Tale' collaborated in a new way, as actress and director, on the genre-bender debuting at Toronto, which offers retro entertainment: "People need a little bit of a break." ...
Shell, the major oil and energy company with its U.S. headquarters in Houston, may soon announce it is cutting 20 percent of its upstream workforce, according to a new report. The Houston-based oil ...
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