A $2.21B earnings beat, Brazil's biggest oil find in 25 years, and a comeback strategy that's gaining serious traction.

Oil giant Shell ($SHEL) said today it is on the hunt for acquisitions as it seeks to take advantage of sustained low oil ...

Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil prices, ...

An oil trader taking over swathes of the North Sea has been paid more than £36m in just two years, making him one of the best-paid executives in the energy sector.

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major ...

BP’s $1 billion-plus arbitration win over Venture Global is now being closely watched across the LNG sector—including here in Louisiana, Reuters writes.  New reporting indicates BP won by arguing that ...

Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...

TEMPO.CO, Jakarta - PT Pertamina Patra Niaga, the commercial wing of state-owned oil and gas firm Pertamina, has publicly ...

[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc. “This is ...

Stream Connecticut News for free, 24/7, wherever you are. BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction. Shell formally ruled out a bid for BP in the ...