The Financial Times reported on 'Tuesday that Shell's head of mergers Greg Gut had left the oil giant after CEO Wael Sawan and top executives rejected an internal proposal to??buy rival BP? this year.

Shell is in advanced discussions to buy LLOG Exploration offshore in a deal valued at more than $3 billion. This would increase the oil major's portfolio of upstream oil and gas producers by acquiring ...

Shell Chemical LP's major plastics and petrochemicals unit near Pittsburgh could be on the selling block. During the firm's second quarter conference call, CEO Wael Sawan said that Shell "will look at ...

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New EPA Proposal Would Strip States’ and Tribes’ Authority to Block Oil and Gas Pipelines, Other Infrastructure Projects The Army Corps of Engineers Wants to Dredge the Cape Fear River.

Paramount‘s new President Jeff Shell might have experimented with windowing at NBCUniversal during the pandemic and after it, specifically dabbling in the controversial day-and-date strategy. However, ...

Shell’s focus on the “brilliant basics” in its upstream business continues to drive the savings at the heart of the company’s cost cutting drive, chief executive Wael Sawan told investors on Thursday.

Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower oil and gas prices and weaker trading results.

Shell said it would buy back $3.5 billion of shares, maintaining the pace of its shareholder returns despite lower oil and gas prices weighing on energy companies’ balance sheets, as earnings fell ...