Oil major Shell operates a fleet of giant ships permanently moored over oilfields around the world. The ships receive oil pumped from wells beneath the seabed and transfer it to tankers. Reporting by ...
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 plc, known as Royal Dutch Shell, boasts a market cap of almost $200 billion, making it a significant player in the integrated oil sector. The company's impressive assets, diversification, and ...
Imagine, for a moment, that you’re the head of a publicly traded oil company. In your corner office, a team of executives has come to pitch you on a new, possibly lucrative drilling opportunity. It’s ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
Shell is divesting from its downstream operations in South Africa, attracting interest from major oil traders and national oil companies. Saudi Aramco, ADNOC, Trafigura, and other major players are in ...
Victims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what they say is the company's role in making the ...
Amnesty International stated on Thursday that the oil company Shell bears responsibility for cleaning up and remedying historic oil pollution in Nigeria’s Niger Delta, despite the company’s divestment ...
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...