LONDON Private-equity backed Chrysaor is near a deal to buy U.S. group ConocoPhillips' British North Sea oilfields, two sources close to the process said, a deal that would make it the basin's biggest producer.
MAALE ADUMIM, West Bank Israeli Prime Minister Benjamin Netanyahu's record fifth term is likely to be dominated by corruption allegations, scrutiny of his election promises and the unveiling of U.S. President Donald Trump's long-awaited Middle East plan.
LONDON An activist group said it has withdrawn a shareholder resolution calling on Royal Dutch Shell to change its climate policy after the oil and gas company reached a broad agreement with investors on the issue.
* Electric power demand growth expected to outdo that for oil
* Electric power demand growth expected to outdo that for oil
LONDON Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement.
LONDON Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.
LONDON BP Chief Executive Bob Dudley's pay package slipped to $14.7 million last year from $15.1 million in 2017, even though the oil and gas company's profits doubled to a five-year high.
LONDON BP Chief Executive Bob Dudley's pay package slipped to $14.7 million (11.29 million pounds) last year from $15.1 million in 2017, even though the oil and gas company's profits doubled to a five-year high.
LONDON, March 27 Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said.
Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.