"It is easy to be distracted by temporary profits and lose sight of the long term." ...
Shell’s $16.4 billion acquisition of ARC Resources is set to increase production, expand reserves, and reinforce its long-term strategy, reflecting a broader shift by energy majors toward oil and gas ...
The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the firm's long-term production.
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits ...
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 ...
The transaction would boost Shell’s oil and gas production capabilities ...
Itself now part of a holding company called Royal Dutch Shell plc, Shell Oil is the fifth largest oil company in the world by market capitalization, according to Investopedia. But it came from far ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...
Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.
Shell has shown strong results in a multi-year profitability improvement effort. Despite this effort, the company still trades at a significant discount to Exxon Mobil and Chevron. That discount has ...
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...