Major oil companies anticipate that global oil demand will plateau slowly rather than decline sharply, maintaining the need for continued oil and gas production for decades. Despite initial shifts ...

Wael Sawan prioritises shareholder payouts, setting out plan to keep oil production steady until 2030 Shell has abandoned plans to cut oil production each year for the rest of the decade, in a shift ...

Europe’s biggest energy company reported a jump in first-quarter profits as the war involving Iran and the effective closure of the Strait of Hormuz pushed oil and gas prices higher.

Shell Plc SHEL stock fell on Thursday after the company reported mixed first-quarter fiscal 2026 results. Stronger earnings and a higher dividend were offset by weaker-than-expected revenue, rising ...