Shell, oil and natural gas
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Shell CEO Wael Sawan breaks down how refining pivots created a diesel and gasoline shortage after record Q2 profits. Here's what it means for drivers.
Shell said on Wednesday it would invest in the next phase of the Surat Gas Project in Queensland, Australia, which is being developed by Arrow Energy, a joint venture owned equally by Shell and PetroChina .
The London-based oil behemoth Shell reported Thursday that its net profit more than doubled in the second quarter of this year compared to the same period in 2025 as the Iran war pushed up energy prices, causing pain for consumers in the United Kingdom and around the world.
Shell and Equinor's joint venture will be established in Aberdeen, Scotland in an effort to sustain fossil fuel production and the security of energy supply in the U.K. The companies plan to complete the deal by the end of next year, subject to approvals.
Shell on Tuesday raised its second-quarter gas production forecast and said gas trading would be significantly stronger than in the previous quarter, helping offset disruptions linked to conflict in the Middle East.
Consumer Reports explains that gasoline "is essentially a shared commodity, often stored in common containers until it is purchased by a major retailer. After that, the retailer treats the gas with a specific additive, giving the fuel its brand identity.
Shell Plc’s retail petrol stations in Indonesia have run out of gasoline as import restrictions imposed by the Southeast Asian nation crimp supplies. Three varieties of gasoline are currently not available at Shell stations across the country, according ...
Shell plc SHEL, one of the world’s largest energy companies, has reportedly expanded its footprint in Venezuela through a series of critical agreements with the government, according to Reuters. These deals focus on offshore natural gas projects and ...
World shares were mixed Monday after the U.S. and Japan confirmed they had acted to prop up the value of the Japanese yen against the U.S. dollar. Oil prices fell sharply, meanwhile, after U.S. President Donald Trump said he would order U.