ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases.

Both Brent and West Texas Intermediate oil prices were down on Friday but still on track for notable monthly gains, Naeem Aslam, CIO at Zaye Capital Markets, outlined.

The decision forms part of BP's ongoing portfolio review and reflects its disciplined approach to capital allocation - all in service of creating a simpler, stronger and more valuable company'.

Saudi Arabia discussed with military representatives of 43 countries the formation of a multinational alliance charged with protecting maritime navigation, hoping to counter a blockade the Houthis ...

President Donald Trump said the U.S. would hit Iran hard after a recent attack that targeted a military base in Jordan.

Saipem has announced, in statements posted on its website, more than $3 billion worth of contract awards by Eni this month ...

“Eni will provide access to its supercomputing capabilities through the provision of AI services, with the aim of developing ...

The UK's North Sea Transition Authority announced that the carbon storage industry 'has been given a significant boost' with ...

Oil prices dropped yesterday and today as the market rapidly stripped out its Iran war premium, Petros Pantzari, Chief Dealer ...

Australia's EnZed Energy won the first oil and gas exploration license issued in New Zealand after the government last year ...

Shell reported higher earnings for the second quarter as higher oil prices continued to offset its production losses in the ...

The U.S. paused an almost two-week run of strikes against Iran for a second night while the Islamic Republic signaled it was ...