Oil
Shell ups its production ante with first oil from US Gulf project’s third chapter
CEII brief
Offshore Energy reported on 28 Oct 2026: Shell ups its production ante with first oil from US Gulf project’s third chapter.
Read the full story on Offshore EnergyShell has tied new wells into an existing floating oil facility, boosting deepwater output in the U.S. Gulf of Mexico (Gulf of America).
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
3.0% of Mexico’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Offshore Energy. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
