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Special Report: How Oil Majors Shift Billions In Profits To Island Tax Havens
Bermuda and the Bahamas don't produce oil or gas but are deep wells of profit for Royal Dutch Shell. Bermuda and the Bahamas don't produce oil or gas but are deep wells of profit for Royal Dutch Shell. -
Exxon Hits Nine-Year Low Amid Struggling Businesses
US oil and gas giant ExxonMobil hit a nine-year low this week, effectively losing more than $184 billion in value since its peak in 2014. US oil and gas giant ExxonMobil hit a nine-year low this week, effectively losing more than $184 billion in value since its peak in 2014. -
US Oil Prices Breach $60 Price Point As Producers Evacuate Gulf Platforms
US oil prices surged above $60 per barrel as major oil producers evacuate personnel from oil platforms in the Gulf of Mexico ahead of a possible hurricane. US oil prices surged above $60 per barrel as major oil producers evacuate personnel from oil platforms in the Gulf of Mexico ahead of a possible hurricane. -
Sinopec Enters 2019 With Huge Drop In Profit
Sinopec, The World's Second Largest Oil Company, is having a rough 2019 start, entering the year with a huge drop in profit. Sinopec, The World's Second Largest Oil Company, is having a rough 2019 start, entering the year with a huge drop in profit. -
Criminal Charges Filed Against Shell For Its Involvement In US$1.3 Billion Nigerian Corruption Scandal
A Dutch court has filed a criminal case against Shell for its involvement in the US$1.3 Billion Nigerian corruption scandal, which stemmed from its purchase of an offshore oil field known as OPL 245 in 2011. A Dutch court has filed a criminal case against Shell for its involvement in the US$1.3 Billion Nigerian corruption scandal, which stemmed from its purchase of an offshore oil field known as OPL 245 in 2011.