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 ...

US supermajor ExxonMobil is not buying any crude from the Mars stream in the US Gulf until a zinc contamination issue is ...

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

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 ...

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

Juan Flores, an environmental organizer, gives “toxic tours” in Galena Park, Texas. It sits in the shadow of the U.S.’s ...

BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.

Exxon Mobil Corporation XOM is in talks to divest its entire network of 59 gasoline stations in Singapore to Aster Chemicals and Energy, a joint venture between global commodities giant Glencore and ...

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

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

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 ...