Royal Dutch Shell believes that the demand for oil could reach its peak in the next five years.
Royal Dutch Shell has failed to find any commercially viable hydrocarbons at its first exploration well offshore Canada.
Since the start of the week, various oil and gas companies have already announced significant job cuts across the industry, affecting different parts of the globe.
Kreuz Subsea announced its newbuild diving support vessel (DSV) Kreuz Challenger is “ready for action” in Norway.
Royal Dutch Shell has successfully sold a 7.59% non-operated interest in the UK North Sea Maclure oil and gas field to the UK-based independent Nobel Upstream.
The Shell Prelude FLNG project has signed an agreement with Emerson for the provision of automation maintenance and reliability services to the facility.
Shell has started production from the Stones development in the Gulf of Mexico, the world’s deepest offshore oil and gas project.
Oil platforms have been evacuated in the Gulf of Mexico, shutting down a large swathe of the regions oil production, as a tropical storm nears the region.
Plans for Shell to sell oil blocks in the Gulf of Mexico were announced by the supermajor this week in the wake of its major divestment programme disclosed earlier this year.
Nearly 400 offshore oil workers started a 48-hour strike on seven Shell-operated platforms in the North Sea yesterday morning, which is due to continue until later today.
Hundreds of offshore oil workers contracted by Wood Group are planning to start a second strike on seven Shell platforms in the UK North Sea.
Shell announced today it has made a new exploration discovery in the deep waters of the US Gulf of Mexico.
Royal Dutch Shell posted a downfall in its earnings as a result of the decline in oil, gas and liquefied natural gas (LNG) prices.
The month of July has continued to be marked by a series of layoffs announced by oil and gas firms struggling to fight the continued low in crude prices.
Approximately 400 hundred North Sea oil workers have walked out of their premises at 06:30 this morning, following a strike action that is to last for 24 hours