Top 4 Oil Companies For Dividend Investors

Investing in the energy industry right now can be scary. On the one hand, oil prices have been extremely volatile and look likely to stay that way.

An Expensive Sunset for the Brent Oil Field

LONDON — Cleaning up an oil field in a forbidding environment like the North Sea may be almost as formidable a task as developing one, and in the coming years, those waters are likely to serve as a laboratory for what happens when the useful lives of oil fields expire.

Shell Submits a Plan for New Exploration of Alaskan Arctic Oil

Royal Dutch Shell submitted a plan to the federal government on Thursday to try once again to explore for oil in the Alaskan Arctic, following years of legal and logistical setbacks as well as dogged opposition from environmentalists.

Shell and Nigeria have failed on oil pollution clean-up, Amnesty says

Little action has been taken to clean up pollution caused by oil production in Nigeria’s Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups charged Monday.

Shell puts new Russian projects on hold after seizure of Crimea

Royal Dutch Shell has ruled out starting any new projects in Russia over the short-term following Vladimir Putin’s seizure of Crimea.

BP to close Australia refinery due to Asian competition

Oil giant BP says it will cease production at its Bulwer Island refinery in Brisbane, Australia, by 2015.

Royal Dutch Shell 'changing emphasis' as profits fall

Oil giant Royal Dutch Shell is stepping up asset disposals as part of a strategy that will see the company "changing emphasis" in 2014.

Shell Opts Not to Build Plant on Gulf Coast, Citing Costs

Royal Dutch Shell said on Thursday that it would not build an immense gas-to-liquids plant on the Gulf Coast because of concerns over its cost.

Shell: oil market regulation will cost consumers

Royal Dutch Shell lobbied against proposed European rules designed to clamp down on commodity market abuse, arguing they would raise costs for consumers and increase market volatility.

Nigeria's June oil exports to fall to lowest since August 2009

LONDON (Reuters) - Nigeria looks set for its lowest crude oil exports in nearly four years in June, shipping lists showed on Tuesday, highlighting how badly theft from pipelines is affecting Africa's largest economy.

Petrobras Debt Crunch Buoys Exxon’s Prospects in Brazil: Energy

Petroleo Brasileiro SA (PETR4)’s worst debt position in a decade is boosting chances the Brazilian oil company will step aside and let Exxon Mobil Corp. (XOM) and Royal Dutch Shell Plc (RDSA) buy offshore exploration licenses in Latin America’s biggest auction this year.

Shell’s Drilling ‘Went Wrong’ in 2012, Salazar Says

U.S. Interior Secretary Ken Salazar said “things went wrong” in Royal Dutch Shell Plc (RDSA)’s oil exploration off Alaska’s Arctic coast in 2012 and the company might be unable to continue its work this year.

Congressmen attack Shell over 'alarming blunders' in Arctic

Royal Dutch Shell should be investigated for a “series of alarming blunders” in its Arctic drilling campaign, a group of US congressmen said, as salvage workers battled the weather to try to reach the oil major’s grounded drilling rig off Alaska.

South African Company to Build U.S. Plant to Convert Gas to Liquid Fuels

WESTLAKE, La. — In an ambitious bet that the glut of cheap natural gas in the United States will last for many years, a South African energy company announced on Monday that it would build America’s first commercial plant to convert natural gas to diesel and other liquid fuels.

Questor share tip: Shell's aggressive strategy makes sense and its dividend is attractive

Royal Dutch Shell has ambitious plans to increase production over the next few years, but some investors fear that the level of investment needed will crimp returns.

Nigerian villagers sue Shell in landmark pollution case

THE HAGUE: Four Nigerian villagers took Royal Dutch Shell to court on Thursday in a landmark pollution case that campaigners said could open the door to more compensation claims against international companies.

Overcoming challenges of Arctic oil drilling

Energy giants are investigating the potential riches in the Arctic region, but one has already broken ranks.

Nigeria's Jonathan Says Oil Industry Needs Overhaul

Oil companies' objections to Nigeria's proposed overhaul of its petroleum sector are expected, but the reforms are necessary, President Goodluck Jonathan said in an interview Thursday.

Shell gets OK for Arctic drilling prep

NEW YORK (CNNMoney) -- The Obama administration has granted Royal Dutch Shell permission to begin drilling preparations off the coast of Alaska, bringing the region a step closer to offshore oil production.

Isaac threatens Gulf oil production

NEW YORK (CNNMoney) -- Tropical Storm Isaac is curtailing oil production along the Gulf of Mexico and threatening refineries, which could send already rising gasoline prices up another 10 cents in the coming week.