When a BP rig exploded in the Gulf of Mexico in 2010, Richard Fry, a top executive at a trucking company, said he noticed something strange about the oil market. Prices spiked quickly, he recalled, and they ... Read more
LONDON — Authorities on Tuesday raided the offices of several oil companies as well as an industry service provider, as part of a broader inquiry by the European Commission into potential price ... Read more
LONDON — As Big Oil increasingly becomes Big Gas, no major petroleum player may have more at stake in the shift than Royal Dutch Shell. More than any of its rivals, Royal Dutch Shell, which ... Read more
Some of the nation’s biggest oil and gas companies have made peace with environmentalists, agreeing to voluntary standards for the hydraulic fracturing drilling process in the Northeast. Drilling ... Read more
WASHINGTON — The Shell Oil Company must provide a detailed plan addressing numerous safety and operational issues that plagued its efforts to extract oil beneath the Arctic Ocean last year if it wants to ... Read more
WASHINGTON — After a series of costly and embarrassing accidents in its efforts to drill exploratory wells off the north coast of Alaska last year, Royal Dutch Shell announced on Wednesday that it would ... Read more
LONDON — In paying more than $6 billion for the liquefied natural gas businesses of Repsol, Royal Dutch Shell is taking advantage of the Spanish company’s need to bolster its balance sheet in order ... Read more
HOUSTON — In another blow to its Alaskan Arctic drilling program, Royal Dutch Shell said on Monday that it had decided to tow its two drill vessels there to Asian ports for major repairs, jeopardizing its ... Read more
LONDON — Royal Dutch Shell, the largest oil company in Europe, has signed a contract to drill for natural gas in Ukraine. The company’s chief executive, Peter Voser, and the Ukrainian ... Read more
HOUSTON — Royal Dutch Shell’s Arctic drilling program is now officially in jeopardy and its prospects will depend on the findings of two continuing federal inquiries. One review is on the grounding ... Read more