BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled ...

The climate change movement was issued a massive blow on Wednesday after a trial judge permanently closed a Democrat-charged lawsuit claiming that big oil was to blame for climate-caused damages ...

BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.

Oil companies are having to redefine themselves to stay on top. Despite the uncertainties facing the industry, oil companies still dominate the energy sector. They make up about 31-32% of the ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

Saudi Arabia's crude oil supply to China will likely decrease in March compared to the previous month, trade sources told Reuters on Tuesday.

In 2022, New Jersey Attorney General Matthew Platkin filed a lawsuit against the country's largest oil companies, ExxonMobil, Chevron, ConocoPhillips, Phillips 66, Shell, as well as the American ...