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The WTI and Brent crude oil benchmarks on Monday largely erased the more than two-percent gains they posted at the end of last week.
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Greenpeace activists boarded two Shell offshore platforms in the Brent field in the U.K. North Sea to protest decommissioning plans they claim will leave "hazardous oily sludge" in the sea.
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U.S. independents Parsley Energy, Inc. and Jagged Peak Energy Inc. have entered into a definitive merger agreement which will allow Parsley to acquire Jagged Peak in an all-stock deal valued at $2.27 billion.
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The sale is contingent on Energean completing its proposal to acquire Edison E&P.
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Nothing right now is stopping a surge in oil tanker rates that's given owners of the vessels one of the biggest boosts in years.
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The expansion will provide access to attractive markets on the Gulf Coast through Enterprise's integrated midstream network.
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ConocoPhillips has agreed to sell the subsidiaries holding its Australia-West assets and operations to Santos Limited for US$1.39 billion.
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French energy giant Total SA is spending $600 million to expand its presence in one of the world's fastest-growing natural gas markets.
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Oil slid after surging the most in almost a month on Friday amid doubts that recent progress in the U.S.-China trade talks will compensate for a worsening global demand outlook.
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Nigeria began preliminary talks with international oil companies to settle a dispute over revenue.
