Maersk Drilling has been awarded a contract by Shell for 2013-built drillship Maersk Viking to drill four development wells at the Gumusut-Kakap project, offshore Malaysia. The contract is scheduled to commence in…
Oil and gas supermajor Shell, which is also the world’s top liquefied natural gas (LNG) trader, is confident that the global LNG market will return to the levels before the…
Shell is looking for buyers for the energy to be produced at solar farm in Brazil, Reuters reports, citing the Anglo-Dutch major’s solar business development manager for Latin America. “For…
LONDON (Bloomberg) --Royal Dutch Shell will use measures including voluntary severance for staff to bolster its finances as the coronavirus pandemic batters profits, according to people with knowledge of the…
Shell’s Philippines unit will suspend refining operations at its 110,000-bpd refinery in the country for a month starting in the middle of May, due to the dramatic plunge in fuel demand and…
Shell has announced the final investment decision on the $6.4-billion Surat Gas Project in Queensland, Australia, the company said in a press release. The project will produce some 90 billion cu ft…
Oil supermajor Shell announced on Thursday its ambition to become a net-zero emissions energy business by 2050 at the latest, joining other majors such as BP and Eni in unveiling plans to…
Shell's Malaysian subsidiary Sabah Shell Petroleum Company has been awarded more than $340 million in an arbitration related to the Gumusut Kakap floating production platform offshore Malaysia. Back in late…
Shell expects the price collapse to lead to post-tax impairment charges of between US$400 million and U$800 million for the first quarter this year, the oil supermajor said on Tuesday in an…
Royal Dutch Shell (RDSa.L) will lower spending by $5 billion and suspended its vast $25 billion share buyback plan in an effort to weather the recent collapse in oil prices,…