Stocks of oil majors such as Shell , Chevron , and British Petroleum are crashing alongside prices for crude as the OPEC+ cartel increases production just as new U.S. tariffs sink ...

CAIRO, March 23 (Reuters) - Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq's oil ministry as saying on Sunday.

HOUSTON, March 20 (Reuters) - Shell Plc (SHEL.L), opens new tab is aiming ... U.S. sanctions target virtually the entire Venezuelan oil and gas industry, which is controlled by state company ...

5, 2024. (Greg Baker/Pool Photo via AP, File) ABUJA, Nigeria (AP) — Nigeria’s leader declared an emergency in oil-rich Rivers state and suspended its governor and lawmakers Tuesday over a political ...

This $1.3 billion transaction, previously held back by regulators, is part of Shell’s broader strategy to streamline its operations by exiting onshore oil production in the Niger Delta and ...

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Ecuadorian state oil company Petroecuador said it might not ... The force majeure, declared on Saturday, is expected to reduce exports to Shell Plc, which had purchased at least 1.8 million ...

the landmark share sale deal transfers Shell’s 30 per cent stake in 18 Oil Mining Leases within the SPDC Joint Venture to indigenous ownership, marking a new era for Nigeria’s upstream sector.

2-Year U.S. Treasury Note Continuous Contract $103.344-0.074-0.07% 5-Year U.S. Treasury Note Continuous Contract $107.602-0.094-0.09% 10-Year U.S. Treasury Note Continuous Contract $110.594-0.047 ...

Credit: NurPhoto / Contributor The acquisition marks the end of Shell’s almost 100 years of operations in Nigeria’s onshore oil and gas and is part of a larger exit by foreign energy firms from ...

Brazilian oil and gas firm Brava Energia has signed a contract with Shell Western Supply and Trading, Shell’s subsidiary, for the sale of oil from the Atlanta field, offshore Brazil. Brava Energia ...

Arab Finance: Shell, in partnership with Petronas, plans to invest around $300 million in drilling operations within the West Delta Deep Offshore Concession as part of Phase 11, according to Al ...