Shell says oil is on its way out. In a Thursday statement, the fossil fuel giant said its “oil production peaked in 2019,” and that we can now expect it to decline gradually by 1 or 2% per year. Shell ...

Shell PLC has put onstream a second tieback to the Appomattox production hub in the Gulf of America. Dover, discovered 2018 in the deepwater Norphlet play, contributes 20,000 barrels of oil equivalent ...

Shell plc's SHEL subsidiary, Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s position ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility. In a statement sent to Rigzone this week, Shell announced that it has restarted ...

As Shell PLC (NYSE:SHEL) prepares to release its third-quarter earnings during Thursday’s pre-market session, analysts and investors are closely watching to see how the company has navigated volatile ...

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 ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...

Shell crews have repaired a pipeline leak that caused the international energy company to temporarily halt crude oil production at three of its drilling platforms in the Gulf of Mexico, the company ...