BP and Chevron have made a new deepwater oil discovery in the western Green Canyon area of the US Gulf near to the producing ...

Scalar International and Mergence Investment Managers Ltd. plan to raise as much as $150 million in a private equity fund to boost energy efficiency and install renewable-energy systems in 30,000 ...

The South African National Petroleum Company (SANPC) has begun operations under the umbrella of the Central Energy Fund (CEF) Group, a state-owned diversified energy company reporting to the ...

President Bola Ahmed Tinubu on Tuesday approved the appointment of Engineer Bashir Bayo Ojulari as the new Group Chief ...

SINGAPORE: Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, while trade sources noted that the new ...

SINGAPORE (Reuters) -Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, and trade sources said the new ...

Shell's refinery assets in Singapore include an ethylene cracker that produces 1.1 million tons of ethylene per year and a refinery capable of producing 237,000 barrels per day. Aster Chemicals & ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

Elliott Investment Management Ltd., which is in the middle of an activist campaign at BP Plc, has taken a short position equivalent to 0.5% of shares in London-based peer Shell Plc. The short position ...

"The most likely reason for that is because it is an offsetting position with respect to the BP one, so both Total and Shell has been created as a short for risk management," Carulli told CNBC via ...