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. Shell and INEOS Energy said the ...

Shell plc SHEL, a London-UK-based integrated oil and gas company, and INEOS Energy have announced a significant oil discovery in the Norphlet formation in the Gulf of America. The exploration well, ...

LONDON, Dec 16 (Reuters) - Oil major Shell (SHEL.L), opens new tab has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming to boost oil ...

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 ...

Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder is now-sanctioned Russian state oil giant Rosneft, Reuters reported on ...

Shell and Ineos Energy have made a new US Gulf oil discovery following a successful exploration well in the offshore play’s Norphlet region, London-based Ineos said Monday. The Nashville exploration ...

Report says Shell CEO, CFO opposed BP bid Gut confirms he left Shell in September Shell in June ruled out BP bid, said it was bound by UK rules Shell on Tuesday says it has 'nothing to add' on matter ...

Oil futures and shares of energy companies rallied, after President Trump ordered a blockade of sanctioned tankers entering and exiting Venezuela. In recent trading: Brent crude, the global benchmark, ...

President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...

EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates The selling pressure on EUR/USD now gathers extra pace, prompting the pair to hit fresh multi-week lows in the 1.1625-1.1620 band on ...

Energy Select Sector SPDR Fund (XLE) is rated 'Sell' for 2026 due to anticipated sector underperformance. XLE's heavy upstream exposure ties its performance closely to crude oil prices, which face ...