The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

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 ...

Skadden partner Joseph Barloon, former Jones Day partner Brett Shumate and former Wilmer partner Jeffrey Kessler, among ...

Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous ...

There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by sufficient cash flow and free cash flow, which enable the maintenance of ...

According to two industry analysts and sources, Chevron has begun preparing for the acquisition of Hess. This includes a ...

The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron ...

Rocket Mortgage's acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The ...

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

BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com. Read more at straitstimes.com.

BRITISH oil and gas giant Shell Plc has quashed a rumour: It’s not buying BP Plc. But last week’s forceful denial doesn’t ...

Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.