Venezuela's government signed five agreements with ‌Shell to advance oil and gas projects, including the company's participation in the 7 Tcf Loran offshore gas field.

The oil giant says the documents ignore the critical context of the complex operating environment at the time.

The Merlin-1X exploration well, which began drilling in April 2026, is the tenth to be drilled under the licence.

Shell may sell offshore wind assets worth more than $1 billion as the oil giant continues shifting capital to LNG.

LONDON, June 10 (Reuters) - Restoring a balanced crude oil market amid heavy inventory drawdowns will take a year and possibly longer, Shell CEO Wael Sawan said on Wednesday. • Sawan told a conference that over 10% of global crude oil production is out due to the Iran war.

Shell plans to sell offshore wind farms as it shifts focus back to fossil fuels, continuing its retreat from renewable energy under CEO Wael Sawan.

By David AkanaVictoria Schneider Global oil giant Shell continued operating a compromised pipeline in Nigeria’s Niger Delta despite knowing it posed a pollution risk in the surrounding coastal wetland environment,

Dutch-German transmission system operator hires Shell’s Dutch president, who has worked at the oil giant since the 1980s