Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.
Paul Ausick Here are 10 of the most notable top picks from Credit Suisse in European equities for U.S. investors.
The U.S. Department of the Interior's Bureau of Ocean Energy Management held its first offshore lease sale on Wednesday and received bids valued at $137 million on 508,096 acres.
In the week ended September 2, the number of rigs drilling for oil in the United States rose to 407, according to the latest Baker Hughes North American Rotary Rig Count.
Exxon Mobil and Chevron are joining forces with Hess to bid as a group for rights to drill in Mexico's deepwater offshore fields.
As its fortunes collapse due to falling oil prices, Royal Dutch Shell will fire 10,000 people in an effort to bolster margins.
Douglas A. McIntyre If Moody’s Investors Service is right, the world’s largest oil companies will experience a contraction of 20% in their cash flows in 2015.
ThinkstockThe collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions…
Rosetta Resources on Monday said it is being acquired by Noble Energy in an all-stock transaction valued at almost $4 billion.
Paul Ausick U.K. oil supermajor BP is scheduled to report first-quarter earnings before U.K. markets open on Tuesday morning.
Analysts and investors began to see the value of Petrobras assets in light of the $70 billion mega-deal in which Royal Dutch Shell will acquire BG Group.
Paul Ausick Even though there appear to be plenty of critics of the proposed $70 billion acquisition of BG Group by Royal Dutch Shell, 24/7 Wall St. is not among them.
Oil supermajor Royal Dutch Shell announced Wednesday morning that it has agreed to acquire Britain's BG Group in a cash and stock deal worth nearly $70 billion.
ThinkstockWhen supermajor oil companies like Royal Dutch Shell PLC (NYSE: RDS-A) pick a new chief executive officer, the new appointment virtually always comes from the upstream exploration and production side of the…
ThinkstockFor once, a huge company has changed CEOs on schedule, without scandal or the trigger of poor financial performance. Royal Dutch Shell PLC (NYSE: RDS-B) appointed its refining boss as the new…
Douglas A. McIntyre 
