Shell says oil is on its way out. In a Thursday statement, the fossil fuel giant said its “oil production peaked in 2019,” and that we can now expect it to decline gradually by 1 or 2% per year. Shell ...

Shell plc's SHEL subsidiary, Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s position ...

Shell PLC has put onstream a second tieback to the Appomattox production hub in the Gulf of America. Dover, discovered 2018 in the deepwater Norphlet play, contributes 20,000 barrels of oil equivalent ...

As Shell PLC (NYSE:SHEL) prepares to release its third-quarter earnings during Thursday’s pre-market session, analysts and investors are closely watching to see how the company has navigated volatile ...

Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn’t gone far enough. The ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility. In a statement sent to Rigzone this week, Shell announced that it has restarted ...

Shell (NYSE:SHEL) is scheduled to announce Q2 earnings on Thursday, July 31st, before the market opens. The consensus EPS estimate is $1.27 (+28.3% Y/Y) on revenue of $66.21B (-11.1% Y/Y). After Shell ...

Oil major Shell operates a fleet of giant ships permanently moored over oilfields around the world. The ships receive oil pumped from wells beneath the seabed and transfer it to tankers. Reporting by ...

Shell crews have repaired a pipeline leak that caused the international energy company to temporarily halt crude oil production at three of its drilling platforms in the Gulf of Mexico, the company ...