At 459.5 million bbl, US crude oil inventories are about 1% above the 5-year average for this time of
The operator will drill about 240 miles off the coast in the Barents Sea.
Shell is looking to enhance its integrated gas portfolio and expand its presence in Canada with long-term Montney resources.
Prices softened modestly following reports of renewed diplomatic engagement. Iranian Foreign Minister Seyed Abbas Araghchi is expected to visit
Global crude markets remained firmly supported Apr. 27 as the ongoing Iran conflict and continued disruption in the Strait
The operator plans to appeal once the final recommendation has been delivered.
