Shell CEO Wael Sawan said it will take a long time to recover the supply lost due to the Iran war. Demand for jet fuel in the airline industry has been curtailed around 5%, Sawan said. Oil executives ...
Shell has revealed a surge in quarterly profits on the back of the Middle East conflict but also given an update on costly war damage to its output. The oil and gas firm reported net profits of $6.9bn ...
Oil giant Shell has signed a $22-billion deal to acquire ARC Resources Ltd., bringing together the lead partner in Canada's first operating liquefied natural gas project with a major producer in one ...
Shell said it has agreed to buy Canada’s ARC Resources in a deal valued at $16.4 billion. The transaction is expected to boost Shell’s long-term oil and gas production. ARC Resources is a company ...
LONDON, April 27 (Reuters) - Shell (SHEL.L), opens new tab has agreed to buy Canadian energy company ARC Resources (ARX.TO), opens new tab in a $16.4 billion deal, paid for mostly with shares, the ...