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The buyer will likely be a local company, said sources.

PRESIDENT Zelensky has sent a strict warning to all civilians this weekend ahead of Russia's planned Victory Day celebrations.Ukrainian officials have

LONDON—Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, ...

Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices, stellar refining profits and the strong performance of its trading division.

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Scores of other companies also have suspended operations in Russia.

McDonald’s Corp and Starbucks Corp are temporarily closing hundreds of restaurants in Russia, with Coca-Cola and Pepsi among the latest Western companies to pause operations in the country after it moved troops into Ukraine. PepsiCo, the soft-drink and snack maker, will suspend all advertising in Russia and stop the sale of its drinks brands, while rival Coca-Cola said it will...

Pepsi and McDonald's were corporate pioneers whose work with the Soviet Union and the post-Soviet Russian state decades ago were seen as improving international relations.

All four companies have major operations in Russia