Shell raises stake in Ursa Platform to 61.3% as part of deepwater growth strategy in Gulf of America
Shell Offshore has completed the acquisition of additional working interest in the Ursa deepwater platform, increasing its operational control and production stake in one of ... Read More
Shell increases stake in Ursa platform and pipeline, deepens deepwater oil strategy in the Gulf of America
Find out how Shell’s increased stake in the Ursa platform strengthens its upstream portfolio in the Gulf of America amid shifting energy strategies. Read More
Port Arthur LNG scaffolding collapse kills three workers; OSHA, legal probes underway
Three workers died and two were injured in a scaffolding collapse at Sempra’s Port Arthur LNG site. Investigations and lawsuits are now underway. Read More
Exxon Mobil, Chevron lead energy sector rally as market eyes long-term growth
Exxon Mobil and Chevron lead energy stocks higher as market volatility fuels investor interest. Find out what’s driving oil stocks today! Read More
ConocoPhillips to sell Ursa and Europa interests to Shell in $735m deal
ConocoPhillips has entered into a definitive agreement to sell its working interests in the Ursa and Europa Fields, along with its stake in Ursa Oil ... Read More
ConocoPhillips reports $2.3bn Q4 2024 profit as Marathon Oil acquisition reshapes growth strategy
ConocoPhillips has announced its fourth-quarter and full-year 2024 financial results, showcasing a strategic shift driven by the recent acquisition of Marathon Oil. Despite facing headwinds ... Read More
ConocoPhillips strengthens U.S. shale position with $22.5bn Marathon Oil acquisition
ConocoPhillips has officially closed its $22.5 billion acquisition of Marathon Oil Corporation, marking a pivotal moment in the U.S. energy sector. This all-stock transaction, which ... Read More
Marathon Oil gains stockholder approval for $22.5bn merger with ConocoPhillips, set to transform energy sector
Marathon Oil Corporation (NYSE: MRO) has announced that it has received the requisite approval from its stockholders for the proposed merger with ConocoPhillips (NYSE: COP). ... Read More
ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal
ConocoPhillips (NYSE: COP) has reached a definitive agreement to acquire Marathon Oil Corporation (NYSE: MRO) through an all-stock transaction valued at $22.5 billion, including $5.4 ... Read More
ConocoPhillips achieves early production start at Eldfisk North project in Norwegian North Sea
ConocoPhillips and its partners have successfully commenced oil production from the Eldfisk North project, located in the Norwegian North Sea, marking a significant milestone with ... Read More