Shell Plc Chief Executive Officer Wael Sawan said oil and liquefied natural gas shortages caused by the Strait of Hormuz blockade could continue for months and potentially into next year.
Shell is making its biggest acquisition in a decade.
ARC Resources jumps on major acquisition deal with Shell, boosting outlook for LNG and Canadian energy assets.
The acquisition boosts Shell’s production and its footprint in the Montney shale basin in British Columbia and Alberta.
Shell (SHEL) to acquire ARC Resources (ARX) for $16.4B, offering shareholders CAD 32.80/share—a 20% premium. Deal adds 2B ...
Buy Shell. The ARC deal adds ~370k boe/d and ~2B barrels of reserves, directly addressing the “reserves longevity” critique.
Shell’s strategy focuses on cost reductions, increased shareholder returns, and maintaining strong upstream and downstream operations to ensure stability in a volatile energy market. Management is ...
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media ...
Shell Starship is continuing to demonstrate fuel efficiency technologies under real operating conditions as it travels the ...
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