Western oil companies are now in the direct line of fire.

Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid ...

Shell plc SHEL and Exxon Mobil Corporation XOM have called off their planned sale of U.K. North Sea natural gas assets to Viaro Energy, ending months of negotiations and regulatory engagement. The ...

Shell (SHEL) and Exxon Mobil (XOM) said Wednesday they will not move forward with a sale of natural gas assets in the U.K. North Sea to Viaro Energy. "Despite a constructive process, completion ...

MOGADISHU, Somalia - The Royal Dutch Shell and Exxon Mobil have paid a whopping $1.7 million for Somalia's oil blocks after months of intense negotiations, Garowe Online reports. According to Somali ...