Shell Plots $1B Wind Farms Sale
Shell is preparing to launch a sale of its offshore wind farms in the oil major's latest move away from renewable energy to focus on its higher-returning fossil fuel business.
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ExxonMobil Explores Acquisitions Including Woodside
ExxonMobil has been holding early-stage discussions internally, according to people with knowledge of the matter.
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Oil Drops to Four-Month Low
Oil prices fell sharply as hopes grew for a Hormuz reopening agreement between the US and Iran.
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Hope for Hormuz as Iran, US Edge Closer to Peace Deal
The U.S. and Iran moved closer to an interim peace agreement meant to reopen the Strait of Hormuz.
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APA Expands Alaska Footprint with Savant Acquisition
'The acquisition of Savant secures control of strategic infrastructure adjacent to our eastern North Slope acreage, enhancing our ability to execute our planned drilling program efficiently'.
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Aker BP Raises Stake in Norway's Johan Sverdrup
Aker BP and its partners in the Johan Sverdrup Unit on Norway's side of the North Sea completed a redetermination that entitles Aker BP to 2.2 million barrels of oil equivalent over the next 2 years due to its ownership increasing to 31.7163 percent.
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Repsol Brings In Masdar as Partner in Spanish Renewables Portfolio
The partnership covers assets valued around $983 million including 705 megawatts of operational capacity.
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Naftogaz Wins Its First Long-Term Regasification Booking in Europe
The Ukrainian state-owned company won 12-year rights to regasify at the liquefied natural gas terminal in Klaipeda, Lithuania.
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Russian Oil Output at Lowest in Year amid Ukrainian Strikes
Russian producers pumped an average of 9.009 million barrels a day of crude in May, according to OPEC.
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Trump Claims Iran Deal Close in Uturn
The U.S. president pulled back threatened military strikes against Iran, a stark reversal that came just hours after he vowed to hit the Islamic Republic 'VERY HARD' and threatened to seize its oil infrastructure.