ExxonMobil

Shell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.

The merger was launched in…

Major international oil companies have scooped up offshore exploration acreage in the South Porcupine Basin, Irish officials announced on Thursday. Located in…

Anglo-Dutch oil major Shell has confirmed it will cut as many as 10,000 jobs as a response to a dramatic fall in profits. The company recorded USD 1.8 billion in…

Chevron’s credit rating was downgraded from AA to AA- by Standard & Poor’s amid cuts in the ratings of many major oil companies, the US financial services…

ExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…

Statoil won a 15% stake in an offshore exploration block in Uruguay, Norway’s multinational oil and gas company announced on Friday.

The partners are planning to…

BG Group’s shareholders accepted the USD 50-billion merger with super-major Shell in a meeting in London yesterday.

A total of 99.53% of shareholders voted in…

Shell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…

Shell announced its departure from the Abu Dhabi sour gas development at the Bab gasfield on January 18th. The announcement follows a day of tumultuous trading that saw…