Upstream reported last September that Shell was eyeing the divestment of its one-sixth interest in the NWS project, which could be worth more than US$3 billion, and Bloomberg on Wednesday named two potential buyers.

The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.

Shell projects global LNG demand to grow significantly through 2030 in all scenarios. In its Surge, Archipelagos, and Horizon scenarios, LNG demand remains strong in the near term but diverges after 2030. Shell: demand for oil is not going away, and it ...

The U.S.-Israeli conflict with Iran ‌presents Brazil with an "enormous opportunity" to attract investments to develop its oil assets, Shell's CEO in ​the country told reporters on Tuesday.

Embattled ⁠Brazilian sugar and ethanol producer Raizen could ⁠end up under the control of London-listed oil major Shell after rescue talks that included ​joint venture partners and creditors collapsed,