BRASILIA (Reuters) - Oil producer Shell and German chemical company BASF agreed on Monday to pay compensation that could reach 620 million reais ($316 million) to workers exposed over three decades to ...

SAO PAULO (AP) — A Brazilian judge has ruled that the local subsidiaries of oil company Shell and the world’s largest chemical company, BASF, must pay $382 million into a compensation fund to ...

Shell Brasil, a subsidiary of British oil major Shell, and Brazil’s state-owned Petrobras have acquired additional stakes in Brazil’s pre-salt oil projects, Atapu and Mero. This move follows a ...

Shell has decided to scrap wind and solar power generation projects it had planned to build in Brazil, citing the unfavorable investment environment, per a Reuters report. “We are always exploring ...

Shell plc’s SHEL Brazil affiliate has taken another decisive step in strengthening its offshore portfolio by signing contracts for four new exploration blocks in the Santos Basin. These assets, ...