Kazakhstan's government said Thursday it may enforce a ~$4.8B environmental fine against the operator of the Kashagan oilfield after July 20, while the operator said the move was prohibited under ...

Big Oil is backing away from renewables, not because the energy transition is dead, but because shareholders demand capital discipline and project returns.

Libya has declared OMV's 195-million-barrel Essar oil discovery commercially viable, advancing its strategy to revive ...

Yet secretive these activities remain. The majors disclose plenty about their production and distribution businesses. But information about their trading arms is, in effect, class ...

Professor of Management at Brooklyn College, City University of New York Business management professor Robert Bell says that 25 investment funds, mostly American, hold between 38% and 50% of the ...

Europe's biggest oil companies - Shell (SHEL), BP (BP), TotalEnergies (TTE), Eni (E) and Equinor (EQNR) - are expected by analysts to collectively reduce their shareholder distributions by 10%-25% ...

The launch of the Iran war has sent global oil and gas prices and refining margins higher. Incorporating the latest futures curves resulted in a revision to our fair value estimates for the major oil ...

NEW YORK/CALGARY, April 29 (Reuters) - Canada's oil and gas producers are drawing ⁠renewed ⁠interest from global energy majors as the Middle East conflict has ⁠heightened the country's attractiveness ...

U.S. oil companies could collect more than $60 billion in additional revenue this year if crude prices remain near the levels reached since the war involving Iran began, the Financial Times reported ...

LONDON/HOUSTON, March 9 (Reuters) - Oil prices on Monday climbed ⁠to ⁠the highest level since 2022, but shares ⁠of major producers like Shell and Exxon Mobil have so far seen limited gains since the U ...

Major oil companies including Shell, Chevron, Eni, APA, QatarEnergy, and YPF are preparing to drill offshore Uruguay, hoping ...