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 retaliation over LNG plant attacks.
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 ...
Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 ...
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 ...
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 ...
The U.S. government on Wednesday held its ​most successful sale ever of oil and gas drilling rights in Alaska's National ...
BP, Chevron, ExxonMobil, and Shell once touted themselves as climate leaders. Now they’re pushing ads that normalize ...
Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid ...