The company acknowledged that business plans and partnerships "evolve over time." Massive project forges ahead after oil ...

BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay ...

Facing the imminent withdrawal from Venezuela of U.S. oil giant Chevron Corp. , strongman Nicolás Maduro is rolling out the ...

Oil majors operating the giant Kashagan oil field received a pair of favorable arbitration rulings in multibillion-dollar ...

While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil ...

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on ...

President Trump on Tuesday reversed a Biden-era license that allowed the oil giant to operate in Venezuela despite US sanctions ...

Saudi Arabia’s state-owned oil giant Aramco has reported a 106.25 billion-dollar profit (£83 billion) in 2024, down 12% from the previous year as lower energy prices now squeeze the kingdom’s ...

The two companies are merging some petrochemicals and plastics units to form Borouge Group, which will also acquire Canada's ...