SHEL's Q4 earnings fell short as lower oil prices and tax impacts weighed on results, even as production rose and buybacks continued.
The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion.
In yet another sign that electric vehicles are the wave of the future, the latest innovation in charging technology has come from an unexpected source: an oil company. Shell Lubricants, a division of ...
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its ...
A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any such ...
Shell Oil Company and Pennzoil-Quaker State Company have entered into a definitive agreement under which Shell Oil Company will acquire Pennzoil-Quaker State Company at a price of $22.00 per share in ...
Shell warned that a weak oil trading performance would drag on its earnings and narrowed guidance for its liquefied natural gas production. The London-based energy giant Thursday said its ...
Shell plc (LON: SHEL) provided an update on its expected second-quarter 2025 performance, warning of significantly lower contributions from its Trading & Optimization activities compared to the first ...
A central piece of a closed crude oil refinery in Convent recently came crashing down as Shell Oil shifts the nearly 60-year-old complex toward making renewable fuels, company officials confirmed. The ...