Upstream reported last September that Shell was eyeing the divestment of its one-sixth interest in the NWS project, which could be worth more than US$3 billion, and Bloomberg on Wednesday named two potential buyers.

JP Morgan has upgraded two of Europe's largest oil companies and identified its preferred stocks to play a potential surge in oil prices, as full-scale military strikes in the Middle East transform what had been a theoretical supply risk into reality.

The major oil companies operating the giant Kashagan oilfield in Kazakhstan initiated an international arbitration process to challenge a $5B environmental fine, Shell said.

By Fabio Teixeira and Marta Nogueira RIO DE JANEIRO, March 3 (Reuters) - London-listed oil company Shell is committed to investing 3.5 billion reais ($667.84 million) in troubled sugar and ethanol maker Raizen,

Itself now part of a holding company called Royal Dutch Shell plc, Shell Oil is the fifth largest oil company in the world by market capitalization, according to Investopedia. But it came from far humbler beginnings. The starting point was in 1833, when ...