The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, to between $1.5 billion and $2 billion per year ...

The energy giant is betting big on fossil fuels again, slashing green investments and setting the stage for a major shake-up.

Per barrel, BP logs around $50 in opex ... having to look back only as far as 2010s GoM oil spill from which the company is still recovering financially and which forced it to divest some of ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

Castrol India share price jumped nearly 6% on Thursday following reports that Saudi Aramco is considering a potential bid for BP Plc’s lubricant business. Castrol India shares rallied as much as ...

BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.

BP is thinking about selling its Castrol motor oil division in a deal that could be worth £8billion. The British energy giant is under pressure from investors – including activist Elliott ...

Crude oil stocks, not including the SPR, stood at 432.5 million barrels on February 14, according to the EIA. Image by mouu007 via iStock U.S. commercial crude oil inventories, excluding those in ...

According to the data published by the NUPRC, Nigeria’s crude oil production stood at 1.737 million barrels per day in ... malfeasance in Africa. Using photos, text, and video dynamically ...

Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Devon Energy has ...