South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, ...

South Africa’s state-owned PetroSA has approved a landmark farm-in deal that would give Shell Offshore a 60% operating stake ...

Under the agreement, Shell will provide a $25 million signing bonus and cover the full cost of drilling three wells, estimated at $135–150 ...

A consortium formed by Shell and Petrobras said it increased its participation in Brazil's Atapu and Mero offshore pre-salt ...

SHEL deepens its Southeast Asia presence as Brunei Shell Petroleum awards ADES a major offshore drilling contract in Brunei.

Oil companies like Shell continue to drill, according to The New York Times, because "the world will continue to need oil." Countries and companies have pledged to get the use of dirty energy sources ...

LONDON (Reuters) -Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the ...

Shell plc SHEL, the British oil and gas giant, has disclosed its plans to cut jobs in the offshore wind division. The decision, which came after Shell’s CEO Wael Sawan took over, is aimed at focusing ...

TOKYO (AP) — An investigation published by an international coalition of more than 100 media outlets, based on 11.5 million records of offshore holdings, details how politicians, celebrities and other ...

Shell plc SHEL, one of the world's most prominent energy giants, has announced it will scale back its involvement in new offshore wind investments in a move that marks a significant departure from its ...