Shell plc SHEL, one of the world's largest oil and gas companies, recently appointed a new CEO, Wael Sawan, who faces a challenging task in balancing the increasing demand for fossil fuels against the ...

The energy major agreed to divest its automotive service center chains to the private equity firm, exiting the retail vehicle maintenance business.

Jiffy Lube, the Houston-based oil-change staple, is getting a new owner with a New York private equity address. Shell said ...