Shell and TotalEnergies have reported a steep drop in second-quarter profit, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago.

ExxonMobil and Chevron are winning the upstream game thanks to their dominant, low-cost positions in the Permian Basin.

LONDON/PARIS (Reuters) -Shell and TotalEnergies reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakened.

French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows. TotalEnergie's shares have also ...

Shares of TotalEnergies and Shell trade on a price-to-cash flow ratio of 4.7 and 5.2 respectively, compared with a ratio of 8.4 for Exxon Mobil and 7.6 for Chevron ().The lower the ratio, the more ...

Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from the Bonga North and Ubeta fields.

European energy majors Shell (NYSE:SHEL), BP (BP) and TotalEnergies (TTE), as well as Japan's Mitsui (OTCPK:MITSF) (OTCPK:MITSY), have agreed to buy a 10% stake each in Abu Dhabi National Oil Co ...

Energy giant Shell plc SHEL, along with its partners TotalEnergies SE TTE and Equinor ASA EQNR, has made a final investment decision to expand the Northern Lights project to boost Europe's carbon ...

LONDON/PARIS, Oct 27 (Reuters) - Europe's two largest energy companies Shell (SHEL.L), opens new tab and TotalEnergies (TTEF.PA), opens new tab reported profits of more than $9 billion in the ...

Shell slowed the pace of its share buyback programme to $3 billion in the next three months and $2.5 billion thereafter, while TotalEnergies stuck to a flagged $2 billion for the third quarter.