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Crude oil rallied above $100 per barrel as U.S.-Iran conflict in the Persian Gulf threatens Strait of Hormuz supply flows. Forecasts indicate prolonged delivery risks into 2027, spurring roughly $20 …
Shell has completed its $16.5 billion acquisition of Canadian producer ARC Resources, securing 370,000 boepd of production and 1.5 million net acres in the Montney basin. The transaction significantl…
Woodside Energy has officially denied recent media reports suggesting it is in acquisition talks with Exxon Mobil, clarifying that no such proposal or discussions are currently taking place.