Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor. ...

Core Insights - SLB is partnering with Shell to develop digital and artificial intelligence tools aimed at enhancing performance and efficiency in upstream operations [1] Company Summary - SLB is collaborating with Shell to leverage technology for operational improvements [1] - The focus of the partnership is on digital and AI tools specifically for upstream operations [1] Industry Summary - The initiative reflects a growing trend in the oil and gas industry towards the adoption of digital solutions and AI to optimize performance [1]

Core Points - Shell plc announces significant changes to its Board and Committees, including the non-re-election of two Non-Executive Directors, Catherine Hughes and Neil Carson, at the 2026 AGM [1][4] - New appointments include Holly Koeppel and Clare Scherrer as Non-Executive Directors, effective January 1, 2026, with roles in various committees [2][5] - Sir Andrew Mackenzie will take on the role of Chair of the Sustainability Committee following the 2026 AGM [7] Director Changes - Catherine Hughes will not stand for re-election after nine years of service, and Neil Carson will also not seek re-election after seven years [1] - Both directors have made significant contributions during their tenures, with Hughes leading the Sustainability Committee and Carson chairing the Remuneration Committee [3][4] New Non-Executive Directors - Holly Koeppel brings extensive international energy industry experience and will join the Audit and Risk Committee and the Sustainability Committee [2][8] - Clare Scherrer has a background in capital-intensive global industrial companies and will serve on the Audit and Risk Committee and the Remuneration Committee [2][8] Committee Membership Changes - Following the 2026 AGM, the Audit and Risk Committee will include new members Koeppel and Scherrer, while Mackenzie will chair the Sustainability Committee [9]

Group 1 - Shell plc is in advanced negotiations to acquire LLOG Exploration Offshore for over $3 billion, aiming to enhance its upstream position in the U.S. Gulf, a key growth region [1][8] - The acquisition aligns with Shell's strategy of disciplined divestments and focused investments, as it exits lower-value assets while investing in high-return projects [2] - LLOG currently produces approximately 30,000 barrels of oil equivalent per day, with significant growth potential expected by 2030, bolstered by its assets like the Salamanca development and Who Dat field [3][8] Group 2 - The deal is crucial for Shell as it faces a projected decline in output to nearly 2.4 million barrels of oil equivalent per day by 2035, necessitating strategic M&A to maintain production levels [4] - Shell's CEO has indicated a growing interest in selective M&A opportunities, particularly in North American gas and deepwater oil, making LLOG's assets a complementary fit [5] - An agreement is anticipated to be finalized by year-end, although discussions remain private and uncertain [6]

Shell wants to dissolve a joint venture with Russia's Rosneft , through which the London-listed group holds part of its stake in the Caspian Pipeline Consortium, a source with direct knowledge of the ... ...

One in four jobs at German sports car maker Porsche is at risk, warned worker representatives on Wednesday, adding that the management was threatening to relocate production and development to lower-c... ...

Venture Global has claimed Shell has no evidence of Venture Global being involved in any wrongdoing, following the supermajor’s submission of an appeal to an earlier court ruling, in which the court sided with the U.S. LNG producer. In its challenge to the first ruling, Shell referred to a third party that had testified that Venture Global had unexpectedly decided to postpone the commissioning of its second LNG facility, Reuters reported, citing the U.S. company’s statement. The supermajor also alleged th ...

Core Points - Twenty One Capital began trading on the New York Stock Exchange under the ticker XXI and experienced a 25% decline on its first day, trading at approximately $10.50 [1] Company Summary - The New York listing of Twenty One Capital follows the completion of a corporate action, indicating a significant milestone for the company [1]

Trinidad and Tobago's government is waiting for a development plan from energy producer Shell to push forward the Aphrodite offshore gas project, documents seen by Reuters showed. ...

Shell is in advanced talks to buy LLOG Exploration Offshore in a deal worth more than $3 billion, two sources familiar with the matter said, a move that would boost the oil major's upstream portfolio through one of the largest privately held oil and gas producers in the U.S. Gulf. ...