Mobil and Shell are withdrawing from operations due to the ongoing geopolitical conflict.

The entities involved

• Mobil →

  former American oil company

  • Geopolitical events led to an announced agreement to open the Strait of Hormuz, impacting oil prices and involving Mobil.Mon 02:06
  • Christopher Ram criticized the Guyanese government for failing to renegotiate the Production Sharing Agreement (PSA) while Exxon operates in the Stabroek Block.Sun 16:07
• Shell →

  British multinational oil and gas company

  • MarketBeat is reporting analyst ratings for Shell and Targa Resources.Mon 16:30
  • EY reported that major oil companies like TotalEnergies and Shell are prioritizing shareholder returns over reserve expansion.Mon 09:04

Related events

• Gazprom and Shell dissolved partnership structures and withdrew from joint ventures in the Russian oil sector following the invasion of Ukraine.Sep 18