Big Oil is backing away from renewables, not because the energy transition is dead, but because shareholders demand capital ...
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...
Shell's (SHEL) Pernis oil refinery, the biggest in Europe, is running on "max jet mode" to produce jet fuel, as concerns rise that the Middle East war will lead to shortages, Bloomberg reported ...
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Shell to buy Canadian shale company for $14 billion, in what would be oil giant’s biggest acquisition in 10 years
Shell has agreed to buy Canadian shale company ARC Resources for $13.6 billion, in a move to boost its production capabilities at a time when prices have jumped. The oil giant announced on Monday that ...
Shell Plc is planning major work later this year at its Rheinland refinery, the biggest oil-processing complex in Germany, according to three people familiar with the matter. The turnaround will be ...
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