Shell has abandoned the £500m sale of almost a dozen gas fields in the North Sea to an oil trader accused of fraud.

ExxonMobil and Shell have canceled the planned sale of their joint UK Southern North Sea gas assets, including the critical Bacton gas terminal, to Viaro Energy after completion conditions were not ...

Oil stocks tumbled on Tuesday, with both ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) shares sliding 2.8%, and Shell (NYSE: SHEL) falling 3.2% through 10:10 a.m. ET. After strengthening to a ...

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 ...

Shell and ExxonMobil's planned sale of its Bacton Gas Terminal site and 11 southern North Sea gas fields to Viaro Energy has collapsed.

Shell's history in the Chukchi Sea reads like a rap sheet. Shell reached a settlement with the U.S. Environmental Protection Agency this September under which the company paid out $1.1 million for ...

Shrinking discovered volumes, rising oil and gas demand, and a renewed focus on energy security have driven the global oil and gas industry to refocus on frontier regions in pursuit of new discoveries ...