Oilgame

Royal Dutch Shell PLC posted 18 percent upsurge in the second quarter, apparently boosted by the asset sales and increases margins at oil refineries. Shell's net profit surged to $8.67 billion, which is a record for quarterly earnings in...

Royal Dutch Shell and Russian oil giant Rosneft, has signed a deal to explore possibilities of working together to develop oil fields and market gasoline and other petroleum products worldwide. The deal seems to help both oil drillers as Rosneft...

A U.S. federal appeals court has thwarted Royal Dutch Shell Plc's plan to drill the deepest offshore Alaskan oil well amid the concern of project's adverse effect on bowhead whales and other animals. A federal court in San Francisco accepted the...

The vicious side of global warming is apparent to all and most of the nations are pledged to take possible measures on it. Oil drillers are widely criticized and pressurized to minimize their proven role in it. After decades of environmentalists'...

British oil driller BP is on the verge to lose its license for the Kovykta gas field when a Siberian court declined to hear its arguments. The Russian government is getting back all stakes in state’s hand to get monopoly over its oil...

The Bush administration has received a shock when Shell struck an important deal to help Iran for developing a major gas field. The US State Department has reportedly stated that the US authorities will take a look at the controversial agreement...

After Royal Dutch Shell, BP seems to be next in line to be forced to sale its majority stakes in Russian projects to state owned companies of Russia. BP has reportedly invested $6.15 billion in the joint venture known as TNK-BP. The joint venture...