Shell CEO Wael Sawan warned of a near-billion-barrel crude shortage deepening daily. Here is what it means for oil markets ...

The world is facing a growing oil supply shortfall.

The oil market hopes the U.S. and Iran will strike a deal that could reopen the Strait of Hormuz and restore energy shipments ...

Earnings more than doubled—helped by oil trading and higher prices—but the energy major warned of lower production, and ...

Shell ( SHEL) CEO Wael Sawan warned that there is currently a shortage of nearly 1B barrels of crude oil, which will worsen ...

Shell PLC chief executive Wael Sawan said improved signals from Ottawa and the British Columbia government over liquefied ...

Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.

Shell’s $16.4 billion acquisition of ARC Resources is set to increase production, expand reserves, and reinforce its long-term strategy, reflecting a broader shift by energy majors toward oil and gas ...

The move aligns with INEOS’ current stakes in Appomattox, Rydberg, the recent Nashville discovery and the Mattox pipeline.

The world consumes roughly 100 million barrels of oil every day. For the past several months, a significant portion of that ...