There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

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 ...

Columnist Conor McKinley calls on activists to reconsider divestment as an all-purpose solution to social harms.

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

The Nederlandse Aardolie Maatschappij (NAM) has paid out a total of 3 billion euros to its owners Shell and the American company ExxonMobil, according to the 2024 annual report. This is the first ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday. Exxon just warned ...

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 ...