(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds ...
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 ...
Shell is an energy powerhouse with a robust LNG business, $30 / barrel breakeven, hyper-growth renewables arm, double A credit rating, and low valuation. In the next oil downturn, Shell may fare ...
Shell held its first investor update since 2023, when it first announced a renewed focus on returns. With its latest update, it maintained this focus, announcing additional cost reductions, reduced ...
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 ...
LONDON, April 7 (Reuters) - Shell said on Thursday it diverted $7 billion of its cash flows partly to cover hefty oil and gas margin calls, becoming the first company to publicly acknowledge the ...