Chevron plans to lay off 15% to 20% of its global workforce to cut $3 billion in costs by 2026, according to an internal memo released Wednesday. Employees were given the option to opt for buyouts ...

Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...

BP plans to sell its BP Gelsenkirchen refining site in Germany, it announced on Thursday, as CEO Murray Auchincloss pushes on ...

BP's fourth-quarter profit fell 61% to its lowest level since 2020.

One bill that would have required oil companies to help pay for damages from climate-driven disasters failed and another that ...

The court win on Monday for Simpson Oil, which owns about 20 per cent of Calgary-based Parkland’s shares, is the latest in a ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Davis: I’m an unlikely person to serve as a living testament to how Texas benefits from our emergence as the nation’s top clean energy producer.

BP has told 39,000 employees that their annual cash bonus will be paid at just 45 per cent of target after a year of poor ...