LONDON (AP) — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Thursday, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels even as they ...

The complex political situation in Venezuela could harm new investments and will likely keep big oil on the sidelines while the new Venezuelan oil power players emerge.

(Reuters) -Shell CEO said on Friday he would rather buy back more of his company's own shares than launch a takeover bid for rival oil major BP, the Financial Times reported. "We will always look at these things, but you are also looking to see what is the ...

Shell CEO Wael Sawan said on Thursday that the company’s focus remains on boosting shareholder returns, and the bar is high for an acquisition. “I don’t buy bigger is better,” Sawan said in an interview with CNBC. “I think you have to drive it ...

Shell Plc (NYSE:SHEL) on Thursday posted second-quarter results, outperforming profit expectations despite softer macro conditions and margin pressures across several segments. Adjusted earnings per American Depositary Share came in at $1.44, ahead of the ...

TOKYO (Reuters) -Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran. The Iran-Israel air war entered a seventh day on Thursday ...

Shell (NYSE:SHEL) CEO Wael Sawan said on Friday he would rather buy back more of his company's shares than launch a takeover bid for BP (BP), the Financial Times reported. "We will always look at these things, but you are also looking to see what is the ...

As the Middle East conflict intensifies, Shell Plc (NYSE:SHELL) CEO Wael Sawan warns of potential repercussions on global trade, particularly if the U.S. gets involved. What Happened: Sawan, during Japan Energy Summit and Exhibition 2025, expressed ...