US crude oil production will decline in 2027 for the first time in six years, ending a run of record output that made the nation the world’s largest oil producer. The Energy Information Administration ...

Shell will pause investment in Kazakhstan as it navigates legal claims from the OPEC+ nation against oil majors that could stretch into the billions of dollars, Chief Executive Officer Wael Sawan said ...

Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SG Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but that 2025 was a ...

British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices. Profit after tax climbed to $17.84 ...

The oil rig that crashed into the frozen ground on the North Slope near Nuiqsut Friday remains too unstable for responders to access the scene, state officials said. While no serious injuries were ...

A massive oil rig that toppled over on the North Slope near Nuiqsut on Friday was considered too unstable on Monday for responders to approach. Alaska Department of Environmental Conservation noted ...

The oil majors including Shell (SHEL) and Eni (E) that operate the Karachaganak field in Kazakhstan lost an international arbitration case, leaving them liable to pay as much as $4B in compensation to ...

'Mad Money' host Jim Cramer weighs in on stocks including: Immunitybio, Pan American Silver, KLA Corp, Firefly Aerospace, Shell, and more. Got a confidential news tip? We want to hear from you. Sign ...

Idled oil rigs off the California coast could be back up and running soon if the federal government has its way. The Trump administration recently proposed a plan to open up the entire coast to new ...

Shell warned that a weak oil trading performance would drag on its earnings and narrowed guidance for its liquefied natural gas production. The London-based energy giant Thursday said its ...

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...