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 ...
Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 ...
The crude oil pricing environment is expected to experience significant volatility this year, which will negatively impact the exploration and production activities of integrated energy companies. A ...
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 ...
Shares of energy companies rallied on Tuesday as oil prices popped amid the conflict between Iran and Israel escalating. Both West Texas Intermediate (WTI) and Brent crude futures rose more than 3% in ...
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 ...
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