A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
Shell plc (NYSE:SHEL) is one of the stocks Jim Cramer talked about, along with market froth. Inquiring about the stock, a ...
(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 ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...
Shell plans to cut hundreds of jobs on its oil and gas exploration and development team, including a significant percentage of workers in Houston, according to a Reuters report. At $9.7 billion, Shell ...
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Shell reported adjusted earnings of $7.7 billion for the first three months of the year, beating analyst expectations of $6.5 billion, according to an LSEG-compiled consensus. Shell CEO Wael Sawan ...
Shell and BP are seeking new U.S. licenses to develop major cross-border gas fields shared by Trinidad and Tobago and ...
Shell and Equinor will merge their oil and gas assets in Britain in a 50/50 joint venture which will be the largest independent oil and gas producer in the UK North Sea, the oil majors said on ...
The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore. By Stanley Reed Shell said Tuesday that it had agreed ...