Nigeria joins the IEA as the first OPEC member, while Dangote's refinery eyes a $4 billion IPO and Shell, ExxonMobil deepen their Nigeria bets.

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 ...

The world will need a lot more LNG capacity in the coming decades.

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 ...

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 ...

Supermajors Shell and ExxonMobil are reportedly nearing a deal to sell their jointly-owned gas fields in the southern gas basin offshore the UK to independent British producer Viaro Energy. The ...

ExxonMobil and ConocoPhillips of the US, TotalEnergies of France and UK-headquartered Shell have been selected by Qatar to take part in the expansion of the North Field, the world's largest liquefied ...

If the conflict escalates, oil can re-rate quickly given low inventories. Key Risk: A rapid de-escalation that breaks the oil ...

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 ...