LONDON, Dec 16 (Reuters) - Oil major Shell (SHEL.L), opens new tab has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming to boost oil ...

Dec 18 (Reuters) - Most Gulf stock markets ended higher on Thursday, with Saudi Arabia rebounding from a two-year low, as steady oil prices created a more positive mood. Oil — a key catalyst for Gulf ...

Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation. Shell and INEOS Energy said the ...

Shell and Ineos Energy have made a new US Gulf oil discovery following a successful exploration well in the offshore play’s Norphlet region, London-based Ineos said Monday. The Nashville exploration ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Harbour Energy has agreed to buy Louisiana-based privately-held LLOG ...

Crude oil sales from the world’s biggest exporter, Saudi Arabia, are set to surge as 2026 begins, with customers from the US to Asia all set to receive more supply amid growing concerns over an oil ...

The move is an escalation of military operations and a pressure campaign against Nicolás Maduro, Venezuela’s leader. But its scope and economic impact are not clear. By Edward Wong Simon Romero ...

Peter Arnett does a live shot for CNN during the Gulf War in 1991 Kaveh Kazemi/Getty Images Peter Arnett, a Pulitzer Prize-winning reporter whose international war journalism brought him widespread ...

A corner of the US crude market closely watched by physical traders is signaling oversupply in the latest indication that a global glut has reached domestic shores. Light, sweet West Texas ...

The Coast Guard seized a second Venezuela-linked oil tanker early Saturday, Homeland Security Secretary Kristi Noem announced in a post on X, as the administration continues to pressure the South ...

President Donald Trump ramped up pressure on Venezuela on Tuesday by announcing that he is ordering a blockade of all “sanctioned oil tankers” entering and leaving the South American country.

Pursuit in the Caribbean Sea comes after Coast Guard seized second vessel off Venezuela An image provided by the Department of Justice, the Greek-owned Bella oil tanker. The US has seized more than ...