The carnage among the oil supermajors continued today as Shell reported a 62% profit slump in the first quarter, hard on the heels of the 59% dive reported by arch-rival BP. Profits at Shell in the ...
Anglo-Dutch supermajor Shell followed an oil industry trend of reporting sharply lower first-quarter profit due to lower crude prices, while outperforming analysts' forecasts. Shell said its current ...
A consortium of BP P.L.C. BP and Shell PLC SHEL has received licenses for exploration in three deepwater blocks from the government of Trinidad and Tobago to boost the country's hydrocarbon ...