Sunday, September 6, 2026
EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources- oil and gas 360

EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources

Reuters Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp (XOM.N), four people familiar with the talks told Reuters. Shell has divested numerous carbon intensive assets this year, selling its refinery in Washington state to Holly Frontier Corp (HFC.N) and its stake in a Houston-area refining joint venture to Petroleos Mexicanos as it

Oil surges as traders await OPEC+ decision on easing production cuts- oil and gas 360

Oil surges as traders await OPEC+ decision on easing production cuts

Market Watch Oil futures jumped Thursday, with the U.S. benchmark topping $75 a barrel for the first time since October 2018, as traders await a decision by the Organization of the Petroleum Exporting Countries and its allies on further easing production curbs in response to growing demand as the global economy gathers momentum. West Texas Intermediate crude for August delivery CL00, +2.33% CLQ21, +2.33% up