Western oil companies are now in the direct line of fire.

Iranian strikes on Shell and Exxon facilities in Qatar and Saudi Arabia pushed oil prices to $109/barrel. Trump warned of retaliation over LNG plant attacks.

PARIS/LONDON -The five biggest global oil majors are moving to cut costs, jobs and share buybacks as falling oil prices threaten to make shareholder payouts unsustainable without increasing debt, ...

ExxonMobil has conducted its maiden oil transshipment offshore Brazil, marking the first time the US supermajor carried out ...

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 ...

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 ...