British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves ...

Neglected pipework led to risk of potentially catastrophic explosive and flammable mixture, court hears Shell has been fined £560,000 following a major hydrocarbon release on a North Sea oil rig after ...

Activists from Greenpeace have scaled a gas rig in the North Sea, erected a 1,000-square-foot roll of canvas across its side, and sprayed it with hundreds of gallons of blood-red liquid in an art ...

Malaysian offshore drilling contractor Velesto Energy has secured a contract with Shell to provide a jack-up drilling rig for seven wells offshore Malaysia. Velesto said it will assign its jack-up ...

Shell has secured a rig to again drill offshore Namibia as it rekindles the hunt for an elusive hydrocarbon sweet spot in its Orange basin block. Earlier this year, the supermajor said that none of ...

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...