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Shell's CEO used a specific phrase on the earnings call that captures how serious the global oil supply situation has become. The shortage Sawan described has an unusual characteristic that means it ...

Shell agreed to sell Jiffy Lube to Monomoy Capital Partners in a $1.3 billion deal, more than 23 years after the automotive service chain became part of Shell via the purchase of Pennzoil-Quaker State ...

LONDON, Feb 26 (Reuters) - Shell (SHEL.L), opens new tab has put under review with the option to sell investments it holds in some of the companies under its Shell Ventures portfolio, two sources ...

Competition in the world of business is a good thing for the consumer, right? It keeps prices down and forces innovation. Well, the motor oil space isn't as competitive as you might have thought. For ...

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...

Shell has canceled its Rotterdam biofuels plant due to financial and competitiveness concerns. The project was intended to produce sustainable aviation fuel (SAF) and renewable diesel. Shell continues ...

Shell posted second-quarter profit of $4.26 billion, beating analyst expectations, and said it would buy back $3.5 billion of shares over the coming three months. The results come shortly after the ...

A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of ...

A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should not be hit with arbitrary pollution-reduction requirements. By Stanley ...

The stars of 'The Handmaid's Tale' collaborated in a new way, as actress and director, on the genre-bender debuting at Toronto, which offers retro entertainment: "People need a little bit of a break." ...

Shell, the major oil and energy company with its U.S. headquarters in Houston, may soon announce it is cutting 20 percent of its upstream workforce, according to a new report. The Houston-based oil ...