Much like the automobile industry, the oil industry has a long history of consolidation, with smaller companies gradually ...

Activist group Follow This on Wednesday announced plans to take on Big Oil at the forthcoming proxy season. The Amsterdam-based group paused filing shareholder resolutions last year due to a lack of ...

AL-OMAR OILFIELD, Syria Jan 19 (Reuters) - The head of the Syrian Petroleum Company, Youssef Qeblawi, said on Monday that oil major Shell (SHEL.L), opens new tab had asked to withdraw from the al-Omar ...

Shell plc (NYSE:SHEL) is one of the stocks Jim Cramer talked about, along with market froth. Inquiring about the stock, a caller noted that it has been “stuck in the mud” for more than a decade.

ExxonMobil and Shell have decided not to proceed with a planned sale of their joint assets in the southern UK North Sea to Viaro Energy. Despite months of work to complete the transaction, completion ...

Shell let a contract to Vallourec for the development of the Orca gas-condensate project offshore Brazil. The contract includes seamless pipes and premium connections ranging from 4.5-18 in. OD, with ...

ExxonMobil exceeded fourth-quarter earnings expectations as record production in the Permian Basin and offshore Guyana offset lower oil prices and weaker chemicals margins.

When President Trump announced the capture of former Venezuelan President Nicolás Maduro and his wife on Saturday, he justified the military operation in part by framing it as a move to recover assets ...

Lawmakers are keenly aware of the costs of running a country due to the nation’s skyrocketing debt, but now another expense may be added to Congress’ tab — Venezuela. President Donald Trump hasn’t ...

The U.S. Geological Survey, the federal government’s earth sciences arm, discovered new oil and gas reserves in the Permian Basin — enough to supply the United States for 10 months. The USGS said ...

A joint venture operated by Chevron has made a "significant" oil and gas discovery offshore Nigeria after completing an appraisal and exploration well, Nigeria National Petroleum said.

“No one was paying any attention to Venezuelan oil two weeks ago,” a longtime oilman said to me the other day, “but now everyone is.” Donald Trump made that happen. Following the dramatic seizure of ...