AG Nessel is suing major oil firms, alleging antitrust violations that raised energy costs for consumers while hindering ...

ONGC wants these global energy players to participate in its tender for the role of technical services provider.

The state of Michigan is suing major oil companies and an industry association, alleging that they colluded to hamper the ...

Shell has abandoned the £500m sale of almost a dozen gas fields in the North Sea to an oil trader accused of fraud.

ExxonMobil and Shell have canceled the planned sale of their joint UK Southern North Sea gas assets, including the critical Bacton gas terminal, to Viaro Energy after completion conditions were not ...

Oil stocks tumbled on Tuesday, with both ExxonMobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) shares sliding 2.8%, and Shell (NYSE: SHEL) falling 3.2% through 10:10 a.m. ET. After strengthening to a ...

It was a week when both oil and natural gas prices logged steep losses. Overall, it was a catastrophic seven-day period for the sector. West Texas Intermediate (WTI) crude futures plunged more than 10 ...

Shell's history in the Chukchi Sea reads like a rap sheet. Shell reached a settlement with the U.S. Environmental Protection Agency this September under which the company paid out $1.1 million for ...