Western oil companies are now in the direct line of fire.

Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid ...

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 ...

Escalating Middle East conflicts, including QatarEnergy's halted LNG production and suspended Strait of Hormuz operations, have removed significant global natural gas supply, causing prices to jump ...

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 ...

Asia Pacific is expected to lead market growth, supported by rapid industrialization, expanding automotive markets, and ...

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 ...

Shell and ExxonMobil have taken a step closer to exploring Somalia's offshore in what would amount to a big step forward for the upstream sector in the war-torn Horn of Africa nation. Somalia has won ...

In its most recent results, BP suspended its share buyback plan as it shifted to boosting its balance sheet. This happened as ...

Venezuela needs to "completely rewire" ​its fiscal system to attract new ‌investment, ConocoPhillips CEO Ryan Lance said on ...