Saturday, August 22, 2026
Shell weighs blockbuster sale of Texas shale assets- oil and gas 360- oil and gas 360

Shell weighs blockbuster sale of Texas shale assets

Reuters LONDON/NEW YORK – Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. The sale could be for part or all of Shell’s position in

Three top executives exit Chesapeake Energy- oil and gas 360

Three top executives exit Chesapeake Energy

Reuters U.S. oil and gas producer Chesapeake Energy Corp said on Friday that three executives will leave the company, the latest exits this year after it launched a new chief executive search and emerged from bankruptcy. Frank Patterson, executive vice president of exploration and production; James Webb, general counsel; and William Buergler, senior vice president, will depart on Friday, according

Oil prices rise as demand improves, supplies tighten- oil and gas 360

Oil prices rise as demand improves, supplies tighten

Reuters Oil prices rose on Monday, hitting their highest levels in more than two years supported by economic recovery and the prospect of fuel demand growth as vaccination campaigns in developed countries accelerate. Brent was up 73 cents, or 1%, at $73.42 per barrel, its highest since May 2019. U.S. West Texas Intermediate gained 75 cents, or 1.1%, to trade at $71.66