Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.

Meanwhile, Big Oil has scaled back its ESG and clean energy ambitions. Last year, British oil and gas giant, BP Plc (NYSE:BP), unveiled a new decarbonization strategy that entails a slower decline in ...

Shell Plc sees lower natural gas production and LNG volumes in the first quarter of 2025 than previously expected.

British energy giant Shell slashed its integrated gas production expectations for the first quarter of the year, linked to ...

Shell Lowers Gas Production Guidance After Unplanned Maintenance Hit Volumes Shell lowered its integrated gas production estimate for the first quarter as volumes were hit by unplanned maintenance.

Upstream production--the extraction of crude oil and natural gas--is expected to be 1.79 million to 1.89 million oil-equivalent barrels a day, which is a narrower range from its previous guidance of 1 ...

The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth ...

Since Sawan took the helm in 2023, Shell has retreated from its low-carbon strategy, ramped up its natural gas business and sharpened ... off its energy-transition plans in February and unveiled ...

UK supermajor Shell announced it will increase ... on Tuesday it expects production across its combined upstream and integrated gas business segment to increase by 1% per year to 2030, allowing ...

Shell's integrated business model spans exploration, production, processing, and marketing, ensuring profitability at each stage and positioning it well for future growth. I assign a "Buy" rating ...

MUSCAT: Shell has revealed that it plans to relinquish hydrocarbon blocks 42 and 55 ... Shell added Block 42 to its upstream portfolio in April 2017 when the company signed a Heads of Agreement (HoA) ...