Shell
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Shell's CEO said the Dutch supermajor has "too many layers" and that the move to downsize will help ensure its future. As a result, at least 9,000 people are expected to leave the oil and gas producer between now and 2022.
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The Dutch major said it has filed an application for drilling operations in the North Slope as part of an effort to help attract buyers to 18 leases it purchased rights to in 2012.
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The companies say they will expand their existing technology collaboration to create and deliver solutions to help customers, suppliers, and other businesses lower emissions.
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Two of Europe’s biggest oil companies urged Texas regulators to end the routine flaring of natural gas, joining with large investors who want greater oversight of the harmful environmental practice.
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A new open innovation studio aims to use crowdsourcing to redefine the future of oil and gas exploration.
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The acquisition and divesture deal includes large-interest positions in nine offshore exploration blocks, several of which Shell may become the operator of.
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After 2 years of testing, Shell is going all in on using high-flying technology to catch methane leaks to reduce its overall emissions to less than 1%.
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The engineering simulation firm announced the successful deployment of a complete structural digital twin for Shell’s Bonga floating production, storage, and offloading vessel 120 km southwest of the Niger Delta in Nigeria.
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Winning innovators focused on environment, safety, and operational efficiency.
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Operators celebrate first major deepwater project sanctioned since the early-2020 oil crash.