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

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

Empty supertankers are heading to Egypt's Mediterranean port of Sidi Kerir to collect Saudi crude as observable traffic at ...

The U.S. Energy Information Administration's latest gasoline fuel update showed a rising price trend for U.S. regular ...

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 ...

Kuwait Petroleum signed a record $16-billion partnership agreement allowing three major North American investors to own ...

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

Shipping across the crucial Strait of Hormuz has picked up in recent days despite a continuation of hostilities in the Middle East, with the U.S. claiming its navy escorted some tankers across the ...

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

Rystad Energy warned that 2.5 million barrels per day of Saudi oil is at risk as the Houthis 'threaten to enact [a] naval ...

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