An enterprising CEO at this oil and gas company makes its stock very attractive if it falls from current levels, says Jim Cramer.» Read More
Crude oil prices firmed slightly on Wednesday as worries over Iran's nuclear ambitions countered easing fears of a gasoline supply crunch in the United States this summer driving season.
Royal Dutch Shell said on Wednesday it would pay $352.6 million, plus administrative costs, to settle claims from European and other non-U.S. investors over the restatement of its oil reserves in 2004.
Royal Dutch Shell PLC said Wednesday it will extend the contract of Chief Executive Jeroen van der Veer by a year, pushing his retirement date to June 30, 2009.
Oil prices climbed toward $61 a barrel, drawing strength from a rebound in global equities and on forecasts for a drop in gasoline inventories in the United States, the top consumer.
Exxon Mobil – the most profitable company in U.S. history and also one of the most loathed among climate change activists. But going green isn't just good for the environment – it could also be good for the oil giant’s bottom line. Chris Fox of Ceres – an organization that pushes companies on climate issues on behalf of institutional investors – and Paul Sankey, an oil analyst at Deutsche Bank, debated the issue on “Street Signs.”
Royal Dutch Shell has agreed, most say under Kremlin pressure, to relinquish control of a huge oil and natural gas project on Sakhalin Island. On Power Lunch – Sue Herera took a closer look at what's happening - and what it means to the energy sector going forward
Crude oil futures ended stronger above $63 a barrel on Friday as fog hampered Gulf Coast tanker traffic.