In what was reported to be the most expensive television commercial ever created, Shell filmed a variety of historic Ferrari Formula 1 cars blasting through the streets of some of the world's ...

LONDON (Reuters) -Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to ...

Shell said it doesn’t comment on commercial matters, while Thebe was unavailable for comment. A potential deal could also fetch Thebe more than the initial $200 million at which the company ...

Shell told Reuters that discovered oil and gas resources in offshore block PEL39 in Namibia "cannot currently be confirmed for commercial development." Shell and its partners, QatarEnergy and ...