Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for $9.5 billion in cash. SourceContinue Reading
Oil pared losses after Royal Dutch Shell Plc. said a critical U.S. Gulf of Mexico oil-production platform will be out of service for the rest of this year. SourceContinue Reading
The collaboration agreement creates a new offering for customers by combining LYTT’s fiber optic data analytics and cloud-based software with Baker Hughes’ completions and well intervention hardware and service expertise. SourceContinue Reading
European gas prices surged more than 10% as Russia is keeping its grip on the market, opting to cap additional flows to the continent. SourceContinue Reading
The West Delta-143 facilities serve as the transfer station for production from Shell’s assets in the Mars corridor in the Gulf of Mexico to onshore crude and natural gas terminals. SourceContinue Reading
Equinor and its partners have received permission to increase gas exports from two fields on the Norwegian continental shelf to supply the tight European market. SourceContinue Reading
A record rally in natural gas prices in Europe doesn’t mean it’s become lucrative to send every available molecule to the region. SourceContinue Reading
There’s “no immediate concern” about fuel supplies running short for consumers in the UK, Conservative MP Alok Sharma said Sunday. SourceContinue Reading
With Canadians set to vote Monday in a highly competitive election, the outlook for the two largest sectors in country’s stock index hangs in the balance. SourceContinue Reading
