Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.
The company's adjusted earnings per share of $2.06 fell short of Wall Street's $2.11 estimate, causing shares to drop more ...
Mukesh Ambani, the world's richest oil baron, managed to turn one factory from his father into a $95 billion energy empire ...
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking ...
Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.
The British petroleum giant had expected to make a decision on the development later this year, but said on Monday that it ...
This incident follows a similar October spill at the same location. Officials respond to another major incident at one of the ...
Once fully operational, the refinery will reduce Nigeria's dependence ... For decades, Nigeria's offshore oil contracts favored international oil companies (IOCs), leading to significant revenue ...
Canada's Reconnaissance Energy Africa (ReconAfrica) has found indications of oil at its Naingopo onshore exploration well and ...
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
An overnight Ukrainian drone attack hit Russia's Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, causing a fire and oil products to leak, a source in ...