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.

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 CEO Wael Sawan joins 'Money Movers' to discuss the company's latest acquisition of ARC Resources, economic themes, and more.

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

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 ...

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

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 ...