Marathon Petroleum Corp. and MPLX LP released their 2024 Sustainability Report and 2025 Perspectives on Climate-Related ...

ExxonMobil has agreed terms with Trinidad and Tobago to be awarded seven ultra-deep exploration blocks, marking its return to ...

European NATO allies have agreed to buy American weapons for Ukraine amid waning U.S. pledges, raising hopes—and ...

Australia's federal and state governments are investing US$87 million into two Trafigura-owned smelters to convert them into ...

Saudi Aramco reported a 20% decline in second-quarter earnings due to lower oil prices and increased operating costs, despite ...

BP reported stronger-than-expected second-quarter profits, increased its dividend and share buyback, and announced a new cost ...

Gran Tierra Energy Inc. has announced a $15.55 million acquisition of strategic oil assets in Ecuador's Oriente Basin, ...

Calgary-based Obsidian Energy Ltd. (TSX/NYSE American: OBE) has entered a definitive agreement to sell its entire common ...

Oil prices dropped to their lowest in a week on Monday as markets digested OPEC+'s decision to implement another significant output increase in September ...

Petronas is seeking to sell its 50% stake in Brazil’s Tartaruga Verde oil field for up to $1 billion as it evaluates global ...

Russia is experiencing a deepening fuel crisis as record-high gasoline prices and damaged refineries overwhelm the government ...

Exxon has signed a preliminary deal to explore four offshore blocks in Libya, marking its return after a decade-long absence.