A California Energy Commission official is recommending a pause on Gov. Gavin Newsom's plan to penalize oil companies if ...

Union Oil Co., the 76 gasoline brand’s former owner, helped finance Dodger Stadium’s construction. The brand’s current owner, Phillips 66, remains a major sponsor. Through six World Series titles, ...

The company already is considering new projects in Iraq along with oil fields in Kuwait. Major oil company abandons critical promise just four years after vowing it would change — here's what's ...

Over the last year, several oil and gas majors have undergone high-profile mergers as we enter the era of the megamerger. Big Oil in the U.S. appears to be undergoing a transition, as several well ...

Democratic California Gov. Gavin Newsom announced a lawsuit Saturday against five major oil companies and their subsidiaries, seeking compensation for damages caused by climate change. The suit ...

2022 was a very good year for the world’s major oil companies, and U.S. energy giants Exxon Mobil and Chevron were no exception. Both companies reported their most profitable quarters of all ...

Major Western oil companies reported record profits in the second quarter alongside gas prices that have topped a national average of more than $5 a gallon. ExxonMobil, Chevron and Shell posted a ...

Oil companies last year also pulled out of Russia, a major energy producer, leading to huge writedowns, including BP's $24 billion exit from its 19.75% stake in Kremlin-controlled oil giant ...

Major oil and gas companies have little intention of taking concrete actions to transition away from fossil fuels and toward clean energy solutions despite their public efforts to be seen as ...

Republican lawmakers are encountering a surprising source of opposition to reforming and rationalizing U.S. energy policy: America’s Big Oil companies. Before the dust had even settled on the ...

In 2022, New Jersey Attorney General Matthew Platkin filed a lawsuit against the country's largest oil companies, ExxonMobil, Chevron, ConocoPhillips, Phillips 66, Shell, as well as the American ...