Shell's Namibia exploration well fails to discover oil and gas
Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.
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Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.
Shell on Thursday missed forecasts with a 56% fall in second-quarter profit to $5 billion as oil and gas prices fell, prompting the energy giant to slow its share repurchase programme.
New ownership structure for four-train Atlantic LNG critical to restart. [Image: Atlantic LNG]
Pipeline deliveries were up 3% month on month but down 75% versus a year earlier.
SYDNEY (Reuters) -- BP has agreed to buy rival giant Shell's 27% stake in the Browse joint venture, expanding its holding in Australia's largest