(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 ...
BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...
Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery ...
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 ...
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 ...
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