The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile ...

Escalating Middle East conflicts, including QatarEnergy's halted LNG production and suspended Strait of Hormuz operations, have removed significant global natural gas supply, causing prices to jump ...

Shell plc SHEL and Exxon Mobil Corporation XOM have called off their planned sale of U.K. North Sea natural gas assets to Viaro Energy, ending months of negotiations and regulatory engagement. The ...

The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...

Shell (SHEL) and Exxon Mobil (XOM) said Wednesday they will not move forward with a sale of natural gas assets in the U.K. North Sea to Viaro Energy. "Despite a constructive process, completion ...

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter. The trading slump may be confined to Shell, ...

MOGADISHU, Somalia - The Royal Dutch Shell and Exxon Mobil have paid a whopping $1.7 million for Somalia's oil blocks after months of intense negotiations, Garowe Online reports. According to Somali ...

Shell and ExxonMobil have taken a step closer to exploring Somalia's offshore in what would amount to a big step forward for the upstream sector in the war-torn Horn of Africa nation. Somalia has won ...

Exxon Mobil , TotalEnergies and Shell are among the companies with more exposure to disruptions in oil and gas production due ...

Shell and ExxonMobil have agreed to sell the transport business of their German joint venture BEB Erdgas und Erdoel GmbH (BEB) including the technical operations currently provided by ExxonMobil ...

Key opportunities in the connected oilfield market include enhanced production optimization, adoption of AI-powered workflow assistants, smart oilfield investments, and advanced automated solutions.

Key opportunities include the demand for precision robotics, IoT-enabled systems, and nano-additive lubricants. APAC leads due to robust manufacturing and robot installations. Industrial Robotics ...