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 ...

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

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

With a planned $60 billion investment pipeline for the oil and gas industry, Angola is experiencing a surge in upstream activity, from frontier exploration to seismic acquisition to drilling and ...

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.