Following its Capital Markets Day 2023 and the appointment of new CEO Sawan, Shell has lowered the pace of its energy transition and now aims at stable production through 2030. Next to best-in-class ...

Shell (NYSE:SHEL) said Tuesday it has started production from the Victory gas field in the North Sea's U.K. West of Shetland area, which at peak production of 150 million cf/day can heat nearly ...

As Shell PLC (NYSE:SHEL) prepares to release its third-quarter earnings during Thursday’s pre-market session, analysts and investors are closely watching to see how the company has navigated volatile ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility. In a statement sent to Rigzone this week, Shell announced that it has restarted ...

Shell says oil is on its way out. In a Thursday statement, the fossil fuel giant said its “oil production peaked in 2019,” and that we can now expect it to decline gradually by 1 or 2% per year. Shell ...

A pipeline leak of about two barrels of oil forced Shell to temporarily halt crude oil production at three of its drilling platforms in the Gulf of Mexico, the company said Friday. The leak happened ...

Oil production has peaked, and the only way now is downhill for fossil fuels, Shell has conceded, with the energy company aiming to replace that business with renewables and low-carbon options instead ...

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 ...

Shell plc's SHEL subsidiary, Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s position ...