Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to ...

The suspects were apprehended in Abia State for their involvement in crude oil theft, vandalism, and economic sabotage. A ...

Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...

The NNPCL, in its preliminary objection dated and filed November 15, 2024, prayed the court to strike out Dangote Refinery's ...

Answering questions, Rosen Zhelyazkov stressed that the Bulgarian government cannot interfere with the plans for the sale of the refinery and the mechanisms for its purchase and sale, but can ban the ...

SOFIA, January 30. /TASS/. Seven companies are bidding to buy Russian oil giant Lukoil’s oil refinery in Bulgaria, the country’s Prime Minister Rosen Zhelyazkov said at a hearing in parliament. The ...

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res ...

Shell posted $16.79 billion in full-year profit measured on a net current-cost-of-supplies basis--a metric similar to the net income that U.S. oil companies report. This compares with $20.28 billion a ...

Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...