Santos reported a 1% rise in quarterly oil and natural gas production as it waits on a consortium led by Abu Dhabi's national oil company to firm up a $18.72 billion takeover bid.

Known for its high payouts to shareholders, Exxon Mobil Corporation (NYSE:XOM) has distributed more than $125 billion in ...

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Oil prices remain stable despite OPEC+ hikes, but Big Oil faces shrinking profits. Explore why rising costs and weak margins ...

Chevron Corporation CVX has finally completed its big purchase of Hess Corporation, a deal that was held up for almost two years! This happened after an international arbitration panel rejected a ...

Total halted work on Mozambique LNG, located in the northeastern Cabo Delgado province, evacuated workers and declared force ...

Oil was little changed as traders weighed the the latest EU sanctions on Russia and monitored trade-talk developments and Phillip Nova said it would likely stay rangebound until concrete drivers ...

U.S. oil and gas giants ExxonMobil and Chevron are in discussions about development opportunities in Iraq’s oilfields with ...

Europe's petrochemical industry is unravelling under a wave of plant closures after years of losses and a rapid expansion of ...

ExxonMobil has appointed Jagir Baxi as Chairman and Managing Director, and Lead Country Manager, of its affiliates in Nigeria, including Esso Exploration and Production Nigeria Limited and Esso ...

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: ...

Key Points Chevron won its arbitration hearing against Hess, allowing it to close the needle-moving deal. The transaction enhances its portfolio and growth profile. The oil company is in an even ...