A strangely-painted tanker thumbing its nose at warships is not a joke, it is a sanctioned economy daring the world to blink ...

A Boca Raton-based real estate development company closed on the purchase Jan. 15, buying a piece of history that entertained ...

Political chaos, sanctions and technical mismanagement of the oil industry may have taken a heavy toll on the industry.

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...

European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...

Like finding that extra present under the Christmas tree or picking out that travel bottle of Maker's Mark deep down in your stocking, Shell and one of its subsidiaries just made a holiday time ...

Shell and Ineos Energy have made a new US Gulf oil discovery following a successful exploration well in the offshore play’s Norphlet region, London-based Ineos said Monday. The Nashville exploration ...

Shell PLC discovered oil in the Norphlet formation near Appomattox in the Gulf of Mexico, said INEOS Energy in a Dec. 22 release. The Nashville exploration well was drilled more than 5 miles beneath ...

President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...

LONDON, Dec 16 (Reuters) - Oil major Shell (SHEL.L), opens new tab has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming to boost oil ...

The Kaikias waterflood project, planned to start in 2028, will inject water to displace additional oil, boosting recovery and prolonging the operational life of Shell's Ursa platform in the Gulf of ...