The Paramount Skydance president accuses his former public relations advisor of concocting a series of lies to secure a multi-million dollar settlement.

Shell confirmed it has inked deals with Venezuela to explore development of the country’s oil and gas reserves, less than a month after the US began allowing oil majors to sign exploration and production agreements with the South American nation. The agreements were signed on Thursday, a Shell spokesperson said in a statement to Upstream.

Jeff Shell, the president of Paramount Skydance, is accusing a "fixer" who has demanded $150 million from Shell for crisis communications of trying to extort and defame him, by creating "an utterly false tale that Shell had disclosed confidential details about Paramount’s business.

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. “No talks are taking place. As we have said many times before, we are sharply ...

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets,

A Dutch appeals court on Tuesday ruled in favor of oil giant Shell and overturned a landmark 2021 ruling by a lower court that ordered the company to sharply reduce its carbon emissions by the end of this decade, a major blow to activists pursuing legal ...

Shell Plc has declared force majeure on its liquefied natural gas contracts with some of its customers in Asia, according to people familiar with the matter, due to the ongoing Qatar LNG shutdown.

Global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons in 2025, boosted by growing Asian appetite for the fuel, Shell , the world's ​biggest LNG trader,

Western oil companies are now in the direct line of fire.