Houston/Caracas – International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.S. capture of President Nicolas Maduro in January, five ...

Shell (SHEL) signed several agreements with Venezuela's government that span offshore natural gas and onshore oil and gas opportunities, Reuters reported Thursday. TV FANB, a Venezuelan state ...

Shell signs agreements with Venezuelan government for oil and gas projects Agreements include exploration, local content, and workforce development Venezuela's oil reform aims to boost foreign ...

Iran attacks oil rig, US navy retaliates destroying naval ships and navy headquarters. Iranian military mocks US for 'strategic failure' Dietitians say you shouldn't take these vitamins in the morning ...

Lanes have reopened on Highway 50 in Sacramento after being blocked due to a big rig leaking oil, according to the California Highway Patrol. CHP said the truck spilled its load on westbound Highway ...

The major oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an international arbitration process to challenge a $5B fine for allegedly exceeding sulfur storage limits at ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

British oil giant Shell posted adjusted earnings of $3.26 billion for the fourth quarter, missing analyst expectations. The London-headquartered firm maintained its quarterly share buyback of $3.5 ...

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 ...

On Location peels back the curtain on some of your favorite films, television shows, and more. On Landman, Tommy Norris (Billy Bob Thornton) is always either muttering an exasperated quip, a strangely ...

French pipe manufacturer Vallourec has secured a significant contract with Shell to supply oil country tubular goods (OCTG) products and services for the Orca project (formerly Gato do Mato) offshore ...