Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Shell's fourth-quarter earnings fell short of analyst projections, marking its lowest profit level since early 2021, primarily due to a downturn in global oil prices. Despite this profit miss, the ene
Shell's CEO, Wael Sawan, has publicly indicated the company is actively evaluating multibillion-dollar investments in Venezuela's offshore natural gas sector, w
Shell has reported a substantial increase in its net income for the fourth quarter of 2025, reaching $4.1 billion, a significant improvement over the $928 milli
Shell Plc, a prominent global integrated energy company, announced a substantial decrease in its financial earnings for the fourth quarter. This profit slump in
Shell has completed a deal to divest a minor interest in a deepwater oil and gas development off the coast of Brazil. The buyer is Energy Development Corporatio