News

Exxon has signed a preliminary deal to explore four offshore blocks in Libya, marking its return after a decade-long absence.
London-based Shell also saw its profitability decline, saying Thursday that second-quarter adjusted earnings fell 32 percent ...
BP will review its portfolio of assets and consider more cost cuts as part of a drive to do better for shareholders, the oil ...
BP will review its portfolio of assets and consider further cost cuts as part of a drive to do better for shareholders, the ...
ExxonMobil’s second-quarter profit dropped to the lowest level in four years as OPEC+ ramped up production and oil prices slumped. The Texas oil driller still topped Wall Street profit expectations ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...
British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy rivals, as lower exceptional charges offset falling oil prices. - Sector woes - ...
Chief exec Murray Auchincloss (pictured) is attempting to reverse BP's ill-fated pivot to green energy to close the gap with ...
After losing a lawsuit that allowed rival Chevron to acquire Hess for $53 billion, Exxon Mobil is now actively looking into ...
Texas Standard: That promise for U.S. Energy dominance is running into a flood of OPEC crude oil. Apparently, on Sunday, the ...
Oil edged lower in the early Asia trade as OPEC+ is expected to take a break before unwinding the next layer of voluntary cuts or otherwise face a ballooning surplus in the oil market. The energy ...
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