Shell forecasts record refining margins of $42 per barrel in Q3 due to global fuel shortages, boosting Q2 profits to nearly $10 billion. The company also raised its gas production outlook following it
Shell is receiving bids up to $8 billion for its US petrochemical business from rivals like LyondellBasell and ExxonMobil. The deal includes significant assets such as the Monaca, Pennsylvania facilit
Shell's US chemical assets attract bids from Exxon, LyondellBasell, and others in a potential $8 billion deal, per Financial Times.
ARC Resources shareholders approved Shell's $16.4 billion acquisition, advancing one of this year's largest energy deals. With key regulatory clearances obtained, the transaction is set to close in th
Shell agreed to sell its Gulf of America oil assets, including the Na Kika platform, to Talos Energy and Ridgewood subsidiaries for $1.7 billion. The deal is expected to close by the end of 2026.
Shell is reportedly selecting Aditya Birla Group to acquire its Indian renewable unit Sprng Energy for approximately $1.8 billion, marking a strategic shift as Shell focuses on higher-return fossil fu
Shell paused its $3 billion share buyback due to securities rules tied to its $16.4 billion acquisition of ARC Resources, which will expand Shell's Canadian natural gas and oil production near the LNG
Scotiabank CEO Scott Thomson cites Shell's $13.6B acquisition of Arc Resources as evidence of renewed foreign investment in Canada's resource sector, supported by favorable government policies.
Alaska's oil industry is rebounding due to new geological finds and supportive federal policies, prompting major players like Exxon and Shell to resume investment in Arctic projects.
Shell announced a $16.4 billion acquisition of ARC Resources, signaling major oil companies' return to Canada amid global energy shortages. Other industry leaders are targeting Canadian assets as supp
Shell finalized a $16.4 billion acquisition of Canadian ARC Resources Corp, adding 370,000 boe/day capacity to bolster its North American natural gas strategy and LNG exports while raising its ten-yea
Shell announced a $16.4 billion acquisition of ARC Resources, signaling renewed global interest in Canadian oil and gas amid Middle East instability. Other majors are exploring targets as Canada posit
Major oil traders including Shell and PetroChina face billions in legal disputes over undelivered cargoes caused by Hormuz disruptions, threatening market confidence and impacting profits amid ongoing
Shell CEO Wael Sawan warns Hormuz Strait blockades may cause energy shortages persisting until 2027 due to major oil and LNG production disruptions. Concurrently, Shell completed a $13.6 billion acqui
Shell agreed to acquire ARC Resources in a $16 billion deal, boosting ARC's shares by 24% and lifting Canadian energy peers. Analysts predict further M&A activity in the sector, particularly affecting
Shell agreed to acquire Canadian producer ARC Resources for $13.6 billion to bolster oil and gas reserves, paying 25% cash and 75% shares, with closing expected in late 2026.
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