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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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OilPrice.com·Feb 6·1 min read

Oil Majors' Shareholder Payouts Are Under Pressure

Shell's fourth-quarter 2025 financial results revealed an 11% decline in profits, reaching $3.3 billion, significantly missing analyst expectations. This performance underscores a growing trend among

DOF strikes again with Shell in North America

Norwegian offshore vessel operator DOF Group has secured a significant new contract with energy supermajor Shell for operations within North America. This agree

Offshore Energy·Feb 6·Shell plc

Shell misses profit expectations, but keeps buyback pace

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 p

Cyprus Mail·Feb 6·Shell plc

Shell Weighs Multibillion Dollar Venezuela Gas Investments

Shell's CEO, Wael Sawan, has publicly indicated the company is actively evaluating multibillion-dollar investments in Venezuela's offshore natural gas sector, w

OilPrice.com·Feb 5·Shell plc

Shell reports net income of $4.1bn in Q4 2025

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

Offshore Technology·Feb 5·Shell plc
Feb 4

Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm

Feb 3

Shell Sells 20% Stake in Brazil’s Orca Deepwater Project to Kuwaiti Firm

Feb 3

Shell Sells 20% Stake in Offshore Orca Project to Kuwaiti Foreign Petroleum Exploration Company

Feb 3

Abdel Sadig holds meetings with Shell and Secretary General of the Gas Exporting Countries Forum at Qatar’s LNG 2026 conference