Shell Plc and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant’s local downstream assets for as much as $1 billion, according to people ...

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.

Shell and BP Plc jointly owned Sapref, South Africa’s largest oil refinery, and sold it for a symbolic R1 (five US cents) to ...

Shell Canada Ltd. is exiting the oilsands in a deal with Natural Resources Ltd. that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and ...

Shell and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant’s local downstream assets for as much as $1-billion, according to people ...

As climate change brings more boats to the Arctic, the U.S.'s need for boats that can cut through the ice has also increased.

UK chancellor Rachel Reeves has confirmed the government’s support for a third runway at Heathrow airport “in an upbeat speech setting out her plans for kickstarting the stalling UK economy”, reports ...

Advantages of EGS are high capacity, low carbon emissions, small land footprint, and flexibility to back up intermittent ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...

Despite lower-than-expected fourth-quarter earnings, Shell increased its dividend and announced a new share buyback program, ...