Supermajor Shell has reportedly decided to walk away from solar and onshore wind power generation projects in Brazil, in line with a global strategy that has reduced spending on low carbon ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

The same term can be applied to European oil giant Shell Plc’s nearly two-year-old strategy, which got an important refresher Tuesday. Shell has done almost everything it promised in June 2023 ...

Speaking at the firm’s capital markets day meeting on March 25, Shell CEO Wael Sawan said that the chemical business is “not delivering adequate returns” and that “we do not believe we are ...

[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks ...

Shell Plc Chief Executive Officer Wael Sawan said the UK energy company will continue to look for potential acquisitions, but warned of the risks inherent in pursuing a major deal. Speaking in a ...

The outcome of a Russian claim against Shell for alleged unpaid natural gas deliveries is uncertain, the supermajor said on Tuesday, adding that it is not possible to estimate the amounts of any ...

Shell recently revamped its focus on oil and gas output, a move which has been greatly welcomed by shareholders, due to the current higher returns potential. British oil and gas giant Shell has ...

Shell said it is planning to grow its upstream and integrated gas business by 1% annually through 2030, a month after rival BP announced it would invest more in oil and gas in a pivot away from ...

Shell will ramp up gas sales while more than halving its exposure to wind and solar farms as the company’s pivot away from renewables accelerates. The oil giant on Tuesday revealed plans to ...

You can be sure of Shell, as it was put in the old advertising slogan, the veracity of which was borne out today. Ahead of its capital markets day, a long presentation to investors in New York ...