Shell

The field marks the first development in Malaysia for the Abu Dhabi-based operator, with first gas expected in 2021.

The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.

A carbon capture and storage (CCS) white knight has appeared on the horizon, and it is potentially a game changer. The US Congress has considerably expanded what was a modest and limited tax credit for CCS into something meaningful that ought to accelerate deployment of the technology.

Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston.

Platform that once tested the limits of deep water will play new role closer to Louisiana coast.

Royal Dutch Shell has spent more than $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint.

The long-term decommissioning of the historic Brent field has necessitated redevelopment of the younger Penguins field in the North Sea, where the UK hopes to see more revival projects in the coming years.

Bowing to pressure from shareholders and the Paris international climate accord, Royal Dutch Shell pledged on 28 November to increase its investment in renewable fuels and to cut its carbon emissions in half by 2050.

Shell reported it has not observed any signs of oil on the water associated with a fire on the Enchilada platform, located in the US Gulf of Mexico.

The world still needs oil and gas, but it is also making room for renewable energy which will change how upstream companies do business.