Western oil companies are now in the direct line of fire.

Iranian strikes on Shell and Exxon facilities in Qatar and Saudi Arabia pushed oil prices to $109/barrel. Trump warned of ...

Shell plc SHEL and Exxon Mobil Corporation XOM have called off their planned sale of U.K. North Sea natural gas assets to Viaro Energy, ending months of negotiations and regulatory engagement. The ...

Escalating Middle East conflicts, including QatarEnergy's halted LNG production and suspended Strait of Hormuz operations, have removed significant global natural gas supply, causing prices to jump ...

BP, Chevron, ExxonMobil, and Shell once touted themselves as climate leaders. Now they’re pushing ads that normalize ...

Shell (SHEL) and Exxon Mobil (XOM) said Wednesday they will not move forward with a sale of natural gas assets in the U.K. North Sea to Viaro Energy. "Despite a constructive process, completion ...

MOGADISHU, Somalia - The Royal Dutch Shell and Exxon Mobil have paid a whopping $1.7 million for Somalia's oil blocks after months of intense negotiations, Garowe Online reports. According to Somali ...

Shell and ExxonMobil have agreed to sell the transport business of their German joint venture BEB Erdgas und Erdoel GmbH (BEB) including the technical operations currently provided by ExxonMobil ...

Shell and ExxonMobil have taken a step closer to exploring Somalia's offshore in what would amount to a big step forward for the upstream sector in the war-torn Horn of Africa nation. Somalia has won ...

On July 9, Royal Dutch Shell plc (ADR) (NYSE:RDS-A), the Anglo-Dutch oil giant, announced a new CEO. His name is Ben van Beurden, and he will replace outgoing chief executive Peter Voser next year.

BLM says National Petroleum Reserve-Alaska lease sale was strongest ever held for drilling rights in the region ...

Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid ...