The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...

Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season. Oil trading results for the ...

European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...

Palm oil fell for a second session, hitting the lowest in two weeks as it tracked weaker crude and declining Malaysian exports. Futures dipped below 4,000 ringgit ($986) a ton on Friday while soybean ...

Shell PLC discovered oil in the Norphlet formation near Appomattox in the Gulf of Mexico, said INEOS Energy in a Dec. 22 release. The Nashville exploration well was drilled more than 5 miles beneath ...

A lack of credible alternatives may have left commitments by European food brands and retailers to eradicate palm oil few and far between. Instead, focus has largely shifted to sustainable sourcing – ...

Shell (SHEL) is looking to sell a 20% stake in Brazil's Gato do Mato oilfield cluster to help fund the multibillion-dollar offshore development, Bloomberg reported Tuesday. The company agreed to ...

Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...

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 ...

One of Africa’s biggest oil producers, Angola, will sign next week an exclusive agreement with Shell under which the supermajor will explore and potentially develop several offshore blocks, Angola’s ...