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oil and gas

Bussiness

Shell and Equinor to create Britain’s largest independent oil and gas company in joint venture

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The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb....
World

Oil watchers say inflation risks will stave off Trump’s Canada tariff threat

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Working oil pumps against a sunset sky.Imaginima | E+ | Getty ImagesHigher fuel prices could be in the cards if President-elect Donald Trump follows...
Bussiness

Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions

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Oil storage silos beyond waterlogged land at the Shell Plc Pernis refinery in Rotterdam, Netherlands, on Sunday, Feb. 11, 2024.Bloomberg | Bloomberg | Getty...
Bussiness

Shell blames lower oil prices, weaker margins and ‘accounting mismatch’ for slump in third-quarter profits

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British energy major Shell on Thursday announced a sharp drop in net profit for the third quarter, with the oil and gas giant hit...
Bussiness

British oil giant BP posts weakest quarterly earnings in nearly four years on lower crude prices

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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish...
Bussiness

Oil prices slide more than 4% after Israel’s ‘limited’ attack on Iran seen as not disrupting supplies

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View of Iran's oil industry installations in Mahshahr, Khuzestan province, southern Iran.Kaveh Kazemi | Getty ImagesOil prices will remain under pressure for the rest...
Bussiness

Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions

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Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption...
Bussiness

Oil edges lower after rallying to highest in over a month on Middle East war risk

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An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California.Mario Tama...
Bussiness

U.S. crude oil jumps 2%, trades near $76 as market waits for Israel strike against Iran

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U.S. crude oil rose about 2% on Monday, as the market waited for Israel to strike Iran.Oil prices spiked last week on fears that...
Bussiness

Biden discourages Israel from striking Iran’s oil industry, crude posts best week in more than year

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U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran's crude facilities...
Bussiness

Why oil prices haven’t skyrocketed on Middle East supply fears — yet

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A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country...
Bussiness

Goldman Sachs says crude could spike by $20 on Iran oil shock

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The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23,...
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