BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

The U.S. Energy Department on Friday said it would provide up to 1 billion barrels of crude oil from the Strategic Petroleum ...

Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...

Exxon Mobil halts Mars crude oil purchases over zinc contamination. Learn how this issue impacts prices and production along ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Exxon Mobil's 59 Esso petrol stations here could be worth about US$1 billion (S$1.28 billion). Read more at straitstimes.com.

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...

Partners Atlas Maritime and European Maritime Finance (EMF) have concluded a new deal in their successful strategy of mixing ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...

Aster Chemicals and Energy Pte, a joint venture between Indonesia’s Chandra Asri Group and Glencore Plc, is in talks to buy ExxonMobil’s gas station business in Singapore, according to a Bloomberg ...