Shell has expanded its long-term footprint in Brazil’s prolific pre-salt sector, raising its ownership stakes in the Atapu and Mero fields after securing additional equity in an auction led by ...

European supermajor Shell is marking 110 years in Brazil by reaffirming its commitment to the development of the country’s oil and gas sector, despite the unpleasant surprise of a recent export tax.

Under the auction, Shell Brasil acquired 26.76% of Atapu Open Acreage and 20% of Mero Open Acreage, marginally increasing its overall interests to 16.917% in Atapu and 20% in Mero. The winning bids of ...

Petrobras and Shell acquired additional interest in two presalt oil projects offshore Brazil following an auction led by Pré-Sal Petróleo SA. Petróleo Brasileiro SA (Petrobras) and Shell Brasil ...

BRASILIA, April 24 (Reuters) - Brazil's Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell PLC for $950 million, according to a securities filing on Tuesday.

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, ...