Shell PLC discovered oil in the Norphlet formation near Appomattox in the Gulf of Mexico, said INEOS Energy in a Dec. 22 release. The Nashville exploration well was drilled more than 5 miles beneath ...

Shell and Ineos Energy have made a new US Gulf oil discovery following a successful exploration well in the offshore play’s Norphlet region, London-based Ineos said Monday. The Nashville exploration ...

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...

Shell is upgraded to Buy, reflecting robust cash flows, disciplined capital allocation, and potential for a narrowing European valuation discount. SHEL delivered strong Q3 results with $10B free cash ...

Meg O’Neill’s appointment as BP CEO marks a historic first for Big Oil, making her the first woman to lead a supermajor when she takes over in April 2026. Her arrival has reignited speculation of a BP ...