Shell says profit jumps on high energy prices

Energy major Royal Dutch Shell said Thursday that profits leapt by about two thirds in the first quarter of 2018, energised by resurgent crude oil and gas prices.

BP hit by new $1.7bn Gulf oil spill charge

British energy giant BP said Tuesday it will take an additional charge of $1.7 billion (1.4 billion euros) in the fourth quarter of 2017 linked to the Gulf of Mexico oil spill disaster in 2010.

Oil-rich Norway struggles to beat its 'petroholism'

For climate reasons as much as economic prudence, Norway is trying to cut its dependence on oil, a godsend that has made the small Scandinavian country rich beyond its dreams—which is exactly what makes it hard to pass ...

Germany's BASF 'cautious' after challenging 2016

German chemicals giant BASF on Friday said it expected higher oil prices to push up earnings this year after a challenging 2016, when its main Ludwigshafen plant was hit by a deadly explosion.

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