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 ...

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico. The start ...

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 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 ...

Shell PLC has put onstream a second tieback to the Appomattox production hub in the Gulf of America. Dover, discovered 2018 in the deepwater Norphlet play, contributes 20,000 barrels of oil equivalent ...

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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 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 PLC‘s (NYSE:SHEL) Shell Nigeria Exploration inked a deal with TotalEnergies SE‘s (NYSE:TTE) TotalEnergies EP Nigeria Limited involving SNEPCo acquiring TotalEnergies’ 12.5% interest in the OML ...

Oil major Shell operates a fleet of giant ships permanently moored over oilfields around the world. The ships receive oil pumped from wells beneath the seabed and transfer it to tankers. Reporting by ...