LONDON Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion (1.97 billion pounds), industry and banking sources said.
LONDON Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron's British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.
LONDON Pressure on oil companies to tackle climate change is growing after an activist group for the first time filed a shareholder resolution urging BP to set hard targets for reducing overall carbon emissions.
LONDON Royal Dutch Shell has concluded that a Nigerian oilfield sale where it suspects an executive took bribes was not linked to a separate court case in which he and Shell face corruption charges over a $1.1 billion offshore acquisition.
LONDON Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan's largest oilfield, marking the retreat of the U.S. majors from the former Soviet state after 25 years as they re-focus on domestic production.
LONDON Royal Dutch Shell caved in to growing investor pressure over climate change on Monday, setting out plans to introduce industry-leading carbon emissions targets linked to executive pay.
LONDON, Dec 3 Royal Dutch Shell caved in to growing investor pressure over climate change on Monday with plans to set short-term targets for reducing its carbon footprint.
EDINBURGH Six major oil and gas companies announced plans on Wednesday to study the development of a Britain's first commercial carbon capture, storage and use facility around an industrial zone.
The U.S. House of Representatives called nearly unanimously on Thursday for the government of Myanmar to release Reuters journalists Wa Lone and Kyaw Soe Oo, who were imprisoned one year ago in a landmark free speech case.