BP has replaced CEO Murray Auchincloss with Meg O'Neill, the firm's first female leader, as the energy giant pivots back to fossil fuels amid investor pressure.
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 ...
Shell PLC (NYSE:SHEL) reportedly plans to invest around $1 billion in new oil blocks in Angola. The chairman of the oil regulator stated that the move reflects the southern African nation’s aim to ...
John D. Harris, former CEO of Coulson Oil, contends he didn't improperly charge millions of dollars on his company credit cards and was fired because he blew the whistle on Coulson's ownership ...
Shell reported better-than-expected quarterly earnings Thursday but is preparing for an oversupplied oil market in the year to come. "I think there's a credible scenario to see oversupply in 2026," ...
Amnesty International stated on Thursday that the oil company Shell bears responsibility for cleaning up and remedying historic oil pollution in Nigeria’s Niger Delta, despite the company’s divestment ...
Shell Plc’s return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results. Shell, ...
Shell Plc said second-quarter results will be undermined by a weaker performance from the energy giant’s fabled oil and gas trading operation. Earnings from the division are expected to be ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking ...
A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any such ...
Shell Plc’s former head of oil trading in the U.S. was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative ...