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Category Shell

Shell posts weakest quarterly profit in five years, misses Q4 estimates

Shell posts weakest quarterly profit in five years, misses Q4 estimates

British oil major Shell reported its weakest quarterly profit in nearly five years on Thursday, a slump attributed to a softer crude price environm...
Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbe...
Climate activists press BP, Shell on post-peak oil finance strategy shift 2026

Climate activists press BP, Shell on post-peak oil finance strategy shift 2026

More than 20 investors and the climate activist shareholder group Follow This have jointly filed resolutions with BP and Shell.  The resolutions ca...
Shell Q3 profit hits $5.4 billion, fueling new $3.5 billion buyback

Shell Q3 profit hits $5.4 billion, fueling new $3.5 billion buyback

British oil giant Shell reported stronger-than-expected third-quarter profit, supported by higher trading contributions and steady operations acros...
BP greenlights $5B Gulf of Mexico offshore drilling project

BP greenlights $5B Gulf of Mexico offshore drilling project

BP, a British energy major, announced on Monday its decision to proceed with a $5 billion offshore drilling project in the US Gulf of Mexico.  This...