Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see ...

Maurel & Prom, a French oil company, reported a 30 percent drop in revenue for the first half of its fiscal year on Thursday.

Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and ...

BP announced it had capped its crippled underwater well that sent millions of barrels of crude gushing into the Gulf of ...

Occidental Petroleum has lowered its Gulf of Mexico production estimate for Q2 due to curtailments and warned of lower oil ...

Good afternoon and happy Friday readers! It has been one week since the devastating flash flood struck central Texas, leaving at least 121 people dead. President Donald Trump traveled to central Texas ...

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

BP plc BP expects higher oil and gas production for the second quarter of 2025 following its renewed approach to fossil fuels to increase profits, per Reuters. The company expects upstream production ...

BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...

BP said that its second-quarter results will be affected by lower gas and oil prices, but the upstream production is expected ...

BP has said it expects second quarter results next month to be impacted by lower oil and gas prices. Crude oil prices average ...

Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction.