British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting ...

LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' ...

ExxonMobil has made a potential play opening discovery in Egypt's frontier Herodotus basin on a prospect that, before ...

Also Ann Arbor, Mich.-based private equity firm Speyside Equity Advisers has acquired GSC Technologies Inc., a maker of totes ...

Exxon Mobil has an almost 8% shareholder yield, supported by strong cash flow and continued investments. Click here to read ...

“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...

Nevertheless, growth stocks outperformed value stocks in 2024, and investors anticipate that trend will continue as the ...

The U.S. Energy Information Administration published its first forecasts for energy production, consumption, and prices through 2026 in its ...

The Supreme Court said Monday it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change ...

Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on ...