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Sanctions reset propels BP, Chevron and Shell back into Venezuela’s vast oil reserves

The United States has approved new licences allowing major international energy companies — BP plc (LSE: BP), Chevron ...
Rigzone

BP, Eni Start Up Angola Gas Treatment Plant

The plant processes output from the Quiluma and Maboqueiro shallow-water fields and sends the treated gas to the Angola LNG plant for export. Image by SergBob via iStock Azule Energy, a 50-50 venture ...
Crude Oil Prices

Could Shell or Chevron Make a Move on BP?

Speculation over a potential takeover of BP has intensified following activist investor Elliott Management’s acquisition of a nearly 5% stake. Analysts are considering various suitors—including Shell, ...
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As Big Oil producers start exploring again, the Gulf of Mexico is making a comeback with new projects from Chevron, Shell, and BP

In the aftermath of the Deepwater Horizon disaster 15 years ago and the simultaneous shale oil boom, the oil and gas industry focused its attention on the onshore U.S. and today’s record-high oil and ...