Shell will increase shareholder distributions to 40-50% of cash flow from operations. The company aims to boost its LNG sales by 4-5% per year through 2030. Shell also plans to maintain its liquids ...

OSLO (Reuters) - Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy (Noreco) in a deal valuing the assets at $1.9 billion, as part of its wider divestment strategy, ...

Shell faces questions over its liquefied natural gas strategy, with 20% of shareholders backing a resolution for more information on the supermajor’s long-term gas plans at its annual general meeting ...

Shell said it is planning to grow its upstream and integrated gas business by 1% annually through 2030, a month after rival BP announced it would invest more in oil and gas in a pivot away from its ...

Shell PLC‘s (NYSE:SHEL) Shell Nigeria Exploration inked a deal with TotalEnergies SE‘s (NYSE:TTE) TotalEnergies EP Nigeria Limited involving SNEPCo acquiring TotalEnergies’ 12.5% interest in the OML ...

The majors are refocusing hard on upstream portfolio renewal for the next decade, according to WoodMac, who analyzed Q4 data.

Development of the 4.2-trillion cubic foot Dragon gas discovery had been on hold for some years due to shifting US sanctions ...

Shell said it is targeting hydrocarbon production growth and plans to increase shareholder returns as the energy giant outlined its strategy for the next five years at its capital market day. The ...