Ltd. discovered hydrocarbons in the Nefertari-1 exploratory well in North Marakia block, about 5 miles offshore Egypt.

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...

A Delaware judge declined to order former Pioneer Natural Resources Co. CEO Scott Sheffield to release text messages and ...

British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor ...

NYC's lawsuit against ExxonMobil, BP, and Shell for greenwashing has been dismissed by a state Supreme Court judge.

On Monday, the U.S. Supreme Court announced that it will not hear an appeal from certain major oil and gas companies to dismiss a lawsuit by the ...

One of them is even working with a lobbying firm reportedly under FBI investigation.

The selloff spree has seen Berkshire Hathaway’s cash pile swell to over $325 billion, with more than $288 billion invested in ...

BP is eliminating 4,700 jobs, or roughly 5% of its workforce, and cutting more than 3,000 contractor positions, as the oil ...

The CEO of Levmora Services, Funmi Marinho, joined a panel of oil and gas and energy experts on Newscentral TV to discuss the future of Nigeria’s oil and gas sector amid a wave of divestments by ...

Activity sharply declined in the fourth quarter from recent years but the availability rate in the city remains tight.