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  • The 'Peak Oil' Theory: Will Oil Reserves Run Dry? Thursday, 20 Mar 2008 | 6:27 PM ET
    Matt Simmons

    The concept of "peak oil" could  be thrown out the window if vast offshore and unconventional sources can be developed. Two experts weigh in on the subject.

  • After the Fed's Latest Rate Cut: CEOs Weigh In Wednesday, 19 Mar 2008 | 10:53 AM ET

    A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.

  • Shell Says Reserves Stable, Shares Hold Firm Monday, 17 Mar 2008 | 8:54 AM ET

    Royal Dutch Shell said its oil and gas reserves held stable in 2007 despite expectations of a drop, but added its growing focus on unconventional projects would limit growth until after 2010.

  • Oil Breaks Past $91 on Supply Concerns Friday, 8 Feb 2008 | 2:03 PM ET
    Oil Refinery

    U.S. crude oil futures extended a rally Friday afternoon to above $91 amid supply concerns raised by Exxon Mobil's dispute with Venezuela.

  • BP's Cost Cuts Boost Shares, Profit Falls 24% Tuesday, 5 Feb 2008 | 11:54 AM ET

    Oil group BP stepped up the pace of its turnaround on Tuesday, outlining a plan to slash its workforce by 15 percent, cut over $1 billion in costs and adopt a more generous dividend policy, boosting its shares despite a big drop in profits.

  • Need More Energy? Thursday, 31 Jan 2008 | 11:05 PM ET

    What’s the energy trade ahead of Friday earnings from Exxon Mobil and Chevron?

  • Record Profit for Shell but Fourth Quarter Disappoints Thursday, 31 Jan 2008 | 3:07 AM ET

    Oil giant Royal Dutch Shell posted record European company earnings of $27.6 billion in 2007, but fourth-quarter profit missed forecasts as a fall in production dampened the benefit of high oil prices.

  • Shell's Hofmeister: "We Need To Increase Oil Supply" Thursday, 10 Jan 2008 | 1:18 PM ET

    Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector. “Increasing supply is best way to affect the price,” says Shell Oil President John Hofmeister.

  • Shell Takes Oil Sands Units Off Line After Fire Tuesday, 20 Nov 2007 | 3:36 AM ET

    Royal Dutch Shell's oil sands upgrading plant near Edmonton, Alberta, caught fire late on Monday and the company said it was taking units off line after crews extinguished the blaze.

  • Shell Profit Falls, but Still Beats Target Thursday, 25 Oct 2007 | 6:57 AM ET
    Shell

    Royal Dutch Shell reported an 8 percent drop in third-quarter profit as oil and gas production and refining margins fell, but the underlying result beat all forecasts.

  • Kazakhstan Government Allowed to Break Oil Contracts Wednesday, 26 Sep 2007 | 7:00 AM ET

    Kazakh lawmakers passed a bill Wednesday allowing the government to unilaterally break contracts with foreign companies, potentially threatening an Italian-led consortium developing a giant oilfield.

  • Kuwait Wants Shell Out of China Refinery Plan: Report Tuesday, 25 Sep 2007 | 12:26 PM ET

    Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, Kuwait's state news agency KUNA reported on Tuesday.

  • Shell to Begin $7 billion Refinery Expansion Friday, 21 Sep 2007 | 8:09 AM ET

    Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, that will make the plant one of the biggest in the world.

  • Oil Closes Down as U.S. Storm Fades Friday, 14 Sep 2007 | 4:05 PM ET
    Oil Refinery

    Oil eased from its record high on Friday as a hurricane subsided in the Gulf of Mexico and as fresh evidence of credit troubles in the banking sector hit financial markets.

  • HSBC Shares Unruffled by Surprise Activist Assault Friday, 7 Sep 2007 | 8:31 AM ET

    Shares in HSBC Holdings were untroubled on Friday after a surprise late-night assault from activist investor Knight Vinke, as analysts said Europe's biggest bank was already working to address shareholder worries.

  • Total Cuts Output Target, Blames Higher Oil Prices Wednesday, 5 Sep 2007 | 8:44 AM ET

    French oil major Total has trimmed its average annual hydrocarbon output growth target for 2006-2010, blaming the impact of rising oil prices on some of its production-sharing agreements and project delays.

  • Kazakhstan Seeks $10 Billion Over Oilfield Delay Tuesday, 4 Sep 2007 | 7:49 AM ET

    Kazakhstan wants "more than $10 billion" from an Eni-led consortium in compensation for delays in developing the Kashagan oilfield in the Caspian Sea, a senior government official told Reuters on Tuesday.

  • Green Groups Seek Freeze on Canada Arctic Pipelines Thursday, 30 Aug 2007 | 3:33 PM ET

    Regulators should slap a moratorium on pipelines in Canada's North because governments and oil companies have not planned for long-term environmental impacts, a green-group representative said Thursday.

  • Shell, Dow in Talks on Iraq Chemical Plant Wednesday, 29 Aug 2007 | 1:36 PM ET
    Shell

    Royal Dutch Shell Plc and Dow Chemical are in talks with the Iraqi government to renovate and expand a chemical plant in southern Iraq at a cost of up to $2.1 billion, the Iraqi industry minister said.

  • Oil finished above $71 a barrel on Friday, buoyed partly by strong gains in gasoline futures in New York.

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