The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. Subscribe to read this story ad-free Get ...

Pennzoil Quaker State Company, a subsidiary of Shell USA, has completed the sale of Jiffy Lube International and its Premium ...

Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc., that comprises Shell's United States ("U.S.") lubricants business, has completed the previously ...

British energy giant Shell announced Tuesday a deal to sell its South African downstream business, including 580 fuel stations, to the Abu Dhabi National Oil Company (ADNOC). Shell said the sale, ...

Shell companies -- companies that have no or nominal business operations or non-cash assets for an extended period of time -- can be used for legitimate purposes. However, they can also be used by ...

Shell is shutting down its electric vehicle (EV) charging company, Volta Inc., which it acquired in 2023 and integrated into its Shell Recharge Network, two sources with direct knowledge of the news ...

The oil major will sell its downstream business in SA, which includes almost 600 forecourts, to Abu Dhabi National Oil ...

WASHINGTON (AP) — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening ...

The shares of shell companies, for example, are prime targets for fraudsters looking to pull off a pump-and-dump scheme in which the fraudster goes out and buys up shares of a forgotten, very ...