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Marathon Oil to close its North Sea oilfield amid gas leaks
Taqa, BP and Shell operators are expected to lose out from the closures.
Kedar Grandhi Apr 05, 2016
Nigeria: NNPC announces fuel scarcity to continue as new budget approved
Petroleum minister Ibe Kachikwu says oil from refineries to be kept in "strategic reserves".
Ludovica Iaccino Mar 24, 2016
Shell and Saudi Aramco unveil plans to break up Motiva joint venture
Oil giants will break up Motiva business after 18 years and divide assets to pursue other goals.
Dan Cancian Mar 17, 2016
Two Nigerian communities sue Shell for oil spills in Niger Delta
Only last year the oil giants had to pay £55m to compensate victims of the worst oil disaster in Nigeria's history
William Watkinson Mar 02, 2016
Market round-up: FTSE 100 ends week in the red despite mining giant's surge
The Footsie fell 0.86% meaning that the index has lost 6.3% since the start of the year.
Bauke Schram Feb 05, 2016
Royal Dutch Shell is our share tip of the week – five reasons to invest
Edmund Shing explains why a rebound in oil prices would be great news for Shell investors.
Edmund Shing Feb 05, 2016
Market round-up: FTSE gains as BoE hold rates and commodity stocks soar on weak US dollar
The MPC surprised no one when it announced not to increase central interest rates.
Bauke Schram Feb 04, 2016
Oil prices might be struggling but Shell and BP could benefit from the industry's renaissance
Investors will be hoping for a potential future rebound in oil prices after their worldwide collapse.
Edmund Shing Feb 04, 2016
Shell's annual profit plunges 80% amid ongoing slump in oil prices
Oil giant's annual and fourth-quarter earnings plummet as it confirms it will cut 10,000 jobs after BG merger
Dan Cancian Feb 04, 2016
Market round-up: FTSE 100 plummets as BP profit halves and Brent dips below $33
In 2015, BP's annual profit fell 51% year-on-year to $5.9bn, while Shell predicted similar results.
Bauke Schram Feb 02, 2016
Oil crisis: Royal Dutch Shell to sell 51% stake in its Malaysian refining business
Sale follows green signal by majority of Shell shareholders for BG acquisition.
Kedar Grandhi Feb 02, 2016
Shell: More than 80% of shareholders vote in favour of proposed £35bn BG takeover
Royal Dutch Shell edges closer to complete merger after majority of shareholders vote in favour of takeover.
Dan Cancian Jan 27, 2016
Market round-up: FTSE 100 plunges into bear market as oil prices drag down global stocks
With WTI trading at $28 a barrel, commodity miners and traders weighed down stock markets.
Bauke Schram Jan 20, 2016
US market report: Wall Street slumps as oil price decline triggers worldwide sell-off
US stocks followed Asian and European markets in the red soon after the open as oil prices extended losses.
Dan Cancian Jan 20, 2016
Royal Dutch Shell fourth quarter profits plunge as oil prices tumble
Dutch oil giant says decline in oil prices could almost halve its fourth quarter profit.
Dan Cancian Jan 20, 2016
Royal Dutch Shell ditches $11bn gasfield plan in Abu Dhabi amid declining oil prices
Anglo–Dutch company says Gulf project no longer fits with its strategy.
Kedar Grandhi Jan 19, 2016
BP cuts 4,000 jobs with axe falling in North Sea operations as oil price slump continues
West Texas Intermediate and Brent Crude, the two main oil benchmarks, are trading below $32.
Bauke Schram Jan 12, 2016
Market turmoil: FTSE 100 posts heaviest loss in first week of the year since 2000
British stocks lose further ground as FTSE records hefty weekly losses.
Dan Cancian Jan 08, 2016
St. Antony sacked, AB Inbev's megabrew, Volkswagen up in smoke and Uber victory: 2015's biggest business stories
IBTimes UK lists the most prominent business stories of the year by the headlines.
Bauke Schram Dec 30, 2015
Investors mixed on BG merger after Shell boss Ben van Beurden announces huge job and cost cuts
Shell and BG were both among the biggest FTSE 100 risers on 23 December.
Bauke Schram Dec 23, 2015
UK Oil and Gas: Capital Group reduces its stake in BG by £100m
The move comes following the news that BG Group could be acquired by Royal Dutch Shell.
Kedar Grandhi Dec 21, 2015
Shell to axe 2,800 jobs ahead of BG takeover as merger receives Chinese antitrust approval
Shell-BG mega merger, valued at $70bn, will be the biggest oil deal in years.
Bauke Schram Dec 14, 2015
COP21: Businesses hail Paris climate deal but voices of doubt emerge in oil and coal industry
Commodity sector has been struggling with falling prices with may hamper eco-friendly tech development.
Bauke Schram Dec 14, 2015
Paris attacks: Security, weapon and oil firms lift stock markets in surprisingly bullish open
Tourism sector companies were among the largest drops after the massacre.
Bauke Schram Nov 16, 2015
BG Group see profits plunge by 63% as it nears merger with Shell
Reading-based company reports exploration and production rose by 26%.
Henry Austin Oct 30, 2015
Shell profits plummet to well below expectations as shareholders see loss of £4.9bn
Royal Dutch Shell is dealing with low oil prices.
Bauke Schram Oct 29, 2015
BP profits down 40% to $1.8bn as CEO Bob Dudley stays confident
The firm announced it is cutting capital expenditure for the third time in 2015.
Bauke Schram Oct 27, 2015
US cancels Arctic oil drilling leases after Shell withdrawal
Obama administration to also turn down renewal requests on existing offshore leases.
Karthick Arvinth Oct 17, 2015
Venezuela President Nicolas Maduro calls on $70 oil floor again ahead of Opec meeting
Maduro also said he was 'doing everything to save the price and the stability of our oil'.
Bauke Schram Oct 16, 2015
Barack Obama's apocalyptic warnings about our oceans betray the opportunities hidden in their depths
We should take a Venetian attitude to our oceans, argues Dr Dominic Standish.
Dominic Standish Oct 13, 2015
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