British energy giant Shell on Thursday announced net profit totalling $6.7 billion in the third quarter, as oil and gas prices remain strong despite recent slides on easing supply fears.

Shell posts more bumper profits on high energy prices

It's the day of UK gas and oil giants having enormous paydays. Reportedly, British energy giant Shell and its Q2 adjusted net income rose $2.34 billion to $11.47 billion, up from $9.

UK gas major Shell reports a bountiful Q2 as profit margins increase

Global oil and gas giant Shell announced that it will exit all its Russian operations, becoming the latest major Western energy company to quit the oil-rich country following Moscow’s invasion of Ukraine. The decision comes a day after rival British Petroleum (BP) abandoned its stake in Russian oil giant Rosneft in a move that could cost the British company over $25 billion. Norway's Equinor also plans to exit Russia.

Shell joins Equinor and BP to exit Russia over Ukraine invasion

Nearly two years ago, the world’s oil producers slammed on the brakes and drastically cut production as the pandemic gripped the world’s economies. The sharp pullback came with an implicit promise that as factories reopened and planes returned to the air, the oil industry would revive, too, gradually scaling up production to help economies return to pre-pandemic health.

Oil producers aren’t keeping up with demand, causing prices to stay high

A South African court blocked Shell from using seismic waves to explore for oil and gas in the Indian Ocean on Tuesday. A court decision handed a landmark victory to environmentalists worried about the impact on whales and other species against oil giant Shell.

South African court blocks Shell from using seismic waves to explore for oil, gas in Indian Ocean

Shell has announced its plan to shift headquarters from the Netherlands to the United Kingdom to make major changes in its ownership and tax status.

Europe's largest energy company announces major changes

A Dutch court ordered oil giant Shell on Wednesday to slash its greenhouse gas emissions in a landmark victory for climate activists with implications for energy firms worldwide.

Shell ordered to cut emissions in landmark Dutch climate case

A Dutch court will give its verdict on Wednesday on a landmark bid by environmental groups to force oil giant Shell to meet greenhouse gas emissions targets in the Paris climate accords.

Dutch court to rule in Shell climate case

Royal Dutch Shell swung back into profit in the first quarter as oil prices recovered strongly from a year earlier, the company said Thursday. The Anglo-Dutch group posted net profit of $5.

Shell swings back to profit on oil price recovery

After more than 17,000 years of silence and decades forgotten in a French museum, a shell fashioned into a horn by our prehistoric ancestors has been played again as a result of new research published on Wednesday.

Oldest shell horn played for first time after 17,000 years

Royal Dutch Shell's profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company's retail network and trading business helped cushion the blow.

Shell's profit slumps in 2020 as the pandemic bites

Royal Dutch Shell announced on Thursday that it had suffered a net loss of USD 21.7 billion in 2020. The coronavirus pandemic-hit year had seen a massive drop in demand for energy.

Oil giant Shell suffered loss of $21 billion in 2020

Oil companies began shutting offshore drilling operations on Sunday as part of preparations in the wake of tropical storm Sally. The storm which is predicted to turn into a hurricane in next two days is currently off the coast of Florida in the Atlantic Ocean.

Oil companies begin halting US offshore drilling as 'Sally' approaches

Australia's parliament voted Monday to implement a maritime border treaty with East Timor, potentially unlocking billions in offshore oil and gas revenue after a bitter decade-long dispute.

Australia ratifies maritime boundaries with East Timor

He has flown to London for a hearing in which lawyers for more than 40,000 Nigerians are demanding action from Shell to clean up oil spill

With polluted water in hand, Nigerian king takes Shell to court in London

Lawyers for over 40,000 Nigerians are demanding action from Shell to clean up oil spills that have devastated their communities for decades

Polluted water in hand, Nigerian king takes oil company Shell to court in London

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