The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...

Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader ...

Brazil, Guyana and Argentina are driving a fast-growing share of global oil output.

In what appears to be a first-of-its-kind lawsuit, big oil companies – including ExxonMobil, Chevron, BP and Shell – are ...

A $745 million win against Chevron is a landmark victory, but for Louisiana attorney John Carmouche, it’s just one battle in ...

The little-known provision in the bill means up to around $50 million per year extra for Louisiana over a decade — money that ...

OPEC+ began to unwind cuts of 2.17 million barrels per day (bpd) in April with a boost of 138,000 bpd. Hikes of 411,000 bpd ...