Norwegian unit of the British energy giant, Shell plc SHEL has decided to cancel its blue hydrogen project, the Aukra Hydrogen Hub, due to a lack of demand. The company announced its decision days ...

Shell has announced the cancellation of Scottish offshore wind projects, withdrawing from two major developments off the country's coast, as reported by Bloomberg. The move comes days after the ...

Shell has exited two offshore wind power projects in Scotland as the world’s top oil and gas firms continue to scale back their investment and involvement in renewable energy. Shell has ditched plans ...

Shell is officially moving forward with its Sparta deepwater project in the Gulf of Mexico, the petrochemical giant announced Tuesday. It’s the second final investment decision — when a company ...

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media ...

Shell will exit another floating offshore wind project, the company said on Thursday—adding another to the long list of departures from the offshore wind segment. Shell will sell its 80% stake in the ...

Shell faces a significant risk of long-term losses from its large-scale green hydrogen projects amid failing EU industrial strategies and uncertain demand. Despite a Q3 net income rise, SHEL's overall ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The Russian government has decided to sell Shell’s minority stake in the ...

Shell chief executive Wael Sawan has denied the supermajor’s recent exits from major liquefied natural gas and carbon capture projects hint at any broad change in strategy. The UK-based giant this ...

Shell’s offshore drilling business has decided to move forward with its Dover oil and gas project in the Gulf of Mexico, the London petrochemical giant has announced. Shell expects Dover -- a subsea ...

Discovered in 1985, the HI field lies about 50 kilometers offshore in 100 meters of water and holds an estimated 285 million barrels of oil equivalent in recoverable resources. The development is ...