Tag: Shell

• Thursday, June 11th 2026 - 23:12 UTC

  Venezuela hands Shell a license for the cross-border Loran gas field shared with Trinidad

  

  Venezuela on Thursday granted the British company Shell a license for a first phase of exploration and exploitation of the Loran gas field, which has seven reservoirs, six of them transboundary with Trinidad and Tobago. The signing was led by acting President Delcy Rodríguez at Miraflores Palace, the seat of the Venezuelan government.

• Thursday, April 9th 2026 - 01:08 UTC

  Brazilian judge suspends 12% crude oil export tax for five international oil companies

  

  A federal judge in Rio de Janeiro issued a preliminary injunction suspending the 12% crude oil export tax for five international companies operating in Brazil: Shell, TotalEnergies, Equinor, Repsol Sinopec and Petrogal. The ruling represents an initial court victory for the oil companies in their dispute with President Luiz Inácio Lula da Silva's government over a levy they consider unconstitutional.

• Wednesday, April 8th 2026 - 21:11 UTC

  QatarEnergy and Chevron join Shell in Uruguay's offshore oil exploration

  

  QatarEnergy and Chevron have formally entered as non-operating partners in offshore hydrocarbon exploration blocks off Uruguay's coast, in areas operated by Shell, state energy company Ancap announced. The incorporation of two of the world's largest energy companies reinforces international interest in Uruguay's offshore petroleum potential, a frontier exploration area that has gained prominence over the past two years.

• Tuesday, January 27th 2026 - 09:55 UTC

  Delcy Rodriguez meets Repsol, Chevron and Shell as Venezuela pushes oil law overhaul to draw investment

  

  Venezuela’s acting president Delcy Rodriguez met on Monday in Caracas with representatives of oil companies including Repsol, Chevron and Shell to discuss a hydrocarbons law reform now moving through the National Assembly, as her government seeks to attract private and foreign investment. The meeting took place at PDVSA facilities and forms part of a mandatory public consultation phase after the bill cleared its first legislative debate.

• Monday, September 25th 2023 - 09:55 UTC

  Uruguay's Ancap awards all offshore exploration licenses open for bids

  

  Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.

• Wednesday, July 12th 2023 - 21:03 UTC

  Shell considers cutting oil and gas production “dangerous and irresponsible”

  

  Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC. Wael Sawan insisted that the world still “desperately needs oil and gas” as moves to renewable energy were not happening fast enough to replace it.

• Wednesday, May 24th 2023 - 08:57 UTC

  Protestors storm shareholders meeting in London yelling “shut down Shell”

  

  Protestors yelling “shut down Shell” stormed the oil corporation giant annual shareholders meeting in London with security having to step in to protect board members. Proceedings were delayed as the protesters ran to the front of the room where executives were sitting on stage, and some demonstrators had to be carried out of the building by security.

• Wednesday, March 2nd 2022 - 09:03 UTC

  Major oil companies, Shell, BP, Equinor exiting interests in Russia

  

  Shell joined BP in announcing it will leave all its Russian operations, including a major liquefied natural gas plant, following on Moscow's invasion of Ukraine. Earlier BP also abandoned its share in Russian oil giant Rosneft, a move that could cost the British company over US$25 billion.

• Wednesday, September 22nd 2021 - 08:30 UTC

  Shell Oil is selling its US Permian assets to ConocoPhillips

  

  By Irina Slav for Oilprice.com – Oil super-major Shell is leaving the Permian with a divestment worth close to US$10 billion. The company said it will sell its assets in the shale play to ConocoPhillips for a total price of US$9.5 billion.

• Saturday, March 6th 2021 - 09:35 UTC

  Norway's Equinor, YPF and Shell will operate a block in North Argentine basin

  

  Norway's Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100 block in the North Argentine basin, offshore Argentina.