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LONDON (AP) — Shell has effectively abandoned a plan to cut oil production by 1-2% per year until the end of the decade, instead maintaining output at current levels in a move that risks angering ...

Greenpeace is facing a major new legal threat in the form of a $2.1 million lawsuit from oil giant Shell, multiple outlets reported Thursday, after the environmental advocacy group’s protestors ...

Shell plc is shifting focus towards maximizing shareholder value by emphasizing liquids and gas production, expanding LNG trading, and pausing less profitable biofuel projects. Despite the shift ...

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a ...

Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.

Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a ...