Latest news

Chevron, Total, Shell others to divest $27 billion assets

International Oil Companies (IOCs), including ExxonMobil, Chevron, BP, Total, Shell, and ConocoPhillips are planning to sell assets worth $27.5 billion in bid to invest in new regions, new research by Rystad Energy has said.

read more... 19/11/2019


Shell buys into offshore wind

Oil giant Shell has signed an agreement to buy 100 per cent of Eolfi, a French renewable energy developer and specialist in the floating offshore wind energy sector.

read more... 06/11/2019


BP, Shell among bidders in $800 million Brazilian oil auction

BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.

read more... 10/10/2019


Shell to launch gas expansion project at UK's Pierce field

Shell and its partner Ithaca Energy have taken a final investment decision to build new gas production facilities at the UK's Pierce field in the Central North Sea.

read more... 07/10/2019


Equinor completes acquisition with Shell in the US Gulf of Mexico

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash.

read more... 20/08/2019