LONDON (Reuters) - Royal Dutch Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its ...

Oil prices skyrocketed in the first quarter due to the war with Iran. Iran caused significant disruptions to the oil market during the quarter. Damaged facilities and production shut-ins impacted ...

DNO signed offtake agreements with ExxonMobil and Shell for the entirety of its North Sea oil production and secured up to $410 million in 'related offtake financing facilities'. DNO ASA said Thursday ...

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 ...

Integrated oil majors Exxon Mobil and Shell on Wednesday each revealed how the Iran war hurt production in the first quarter. Both companies saw heavy share-price declines as crude prices tumbled ...

Shell Plc and Exxon Mobil Corp. canceled a proposed deal to sell natural gas assets in the North Sea to upstart firm Viaro Energy. Shell Plc and Exxon Mobil Corp. canceled a proposed deal to sell ...

Somalia has agreed an initial roadmap with a Shell/Exxon joint venture to explore and develop potential offshore oil and gas reserves, the Ministry of Petroleum and Mineral Resources said on Monday.

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.

The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.

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 ...