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 ...

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 ...

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 ...

Oil prices are down about 9% from their highs of last week, including a 4.5% tumble this morning. The International Energy Agency just warned that oil demand will end this year weaker than predicted, ...

It's often said that the definition of insanity is doing the same thing over and over again but expecting different results. So what should we make of Royal Dutch Shell's decision to return to the ...

Kazakhstan has initiated Swiss arbitration proceedings against major international oil firms seeking up to $166 billion in damages over contract delays, cost overruns, and renewed bribery allegations ...

The facility which produces key raw materials from ethane employs 180 staff, 200 contractors and dozens of others at the site ...

Oil stocks tumbled on Tuesday, with both ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) shares sliding 2.8%, and Shell (NYSE: SHEL) falling 3.2% through 10:10 a.m. ET. After strengthening to a ...

Shell's history in the Chukchi Sea reads like a rap sheet. Shell reached a settlement with the U.S. Environmental Protection Agency this September under which the company paid out $1.1 million for ...