It was a week when both oil and natural gas prices logged steep losses. Overall, it was a catastrophic seven-day period for the sector. West Texas Intermediate (WTI) crude futures plunged more than 10 ...
Reports have emerged that the world's largest energy corporation, Shell, is in early negotiations to acquire competitor BP. The Shell logo is painted on an oil tank exterior in Cologne, Germany. / EPA ...
The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...
Iraq’s Oil Ministry has awarded a 20-year contract to the US’ ExxonMobil Corporation and the UK/Dutch Shell Group for the development of the West Qurna oil field in Basra province. An ExxonMobil ...
Both companies are very large as well. Exxon is the bigger company, with a market cap of roughly $320 billion. However, Shell isn't far behind at $280 billion. Although size alone doesn't make a ...
Exxon Mobil Corporation XOM and Shell Plc SHEL entered separate agreements to divest their California-based joint venture, Aera Energy, to IKAV for $4 billion. The divestiture marks the end of a ...
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 ...
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