ABUJA (Reuters) -Nigeria has blocked Shell's sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, the country's upstream oil regulator said on ...
DALLAS -- Soaring energy prices catapulted Exxon Mobil, the world's largest publicly traded oil company, to a second-quarter profit of more than $10 billion, and they promise to ignite industrywide ...
The U.S. energy sector posted a strong 2025 opening, outperforming other sectors as crude prices soared and the Market anticipated a deregulatory shift under Donald Trump’s government. Shell wants to ...
Exxon Mobil Corporation (NYSE:XOM) and Shell PLC (NYSE:SHEL) subsidiaries agreed to sell a group of assets in the U.K. Southern North Sea to a British energy company, Viaro Energy, for an undisclosed ...
NEW YORK (Reuters) - Exxon Mobil topped its own record for the highest ever U.S. quarterly operating profit and Royal Dutch Shell earnings beat market forecasts on Thursday, helped by high oil prices ...
DNO signed offtake agreements with ExxonMobil and Shell for the entirety of its North Sea oil production and secured up to ...
The energy industry is increasingly pushing back against climate activists. Greenpeace and other activist groups face major legal and financial setbacks. A broader backlash against climate activism is ...
Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter. The trading slump may be confined to Shell, ...
Refineries that had to dial down operations ahead of Hurricane Francine’s landfall are starting to reopen, with significant damages unlikely, according to a Reuters report. Exxon, which had cut ...
The Anglo-Dutch oil major and its Japanese partner Mitsubishi Corp have finally started operations at the massive $17 billion Basrah Gas Co. project in Iraq to capture the associated gas from one of ...
The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile ...
Exxon Mobil and Royal Dutch Shell, the world's two biggest oil firms, reported sharply lower second-quarter profits Thursday, hurt by crude oil prices that are running at a little less than half of ...