Profit for the two largest oil companies in the U.S. tumbled during the first quarter, a three-month period in which the ...

ExxonMobil and Chevron, America’s two largest oil companies, both reported a sharp drop in profit for the first three months ...

Higher prices benefit oil companies, but disparities in performance have hinged on a given company's capacity to take ...

European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can ...

Major oil companies are investing billions in new sources as the war with Iran disrupts Middle East supply through the Strait ...

American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells ...

Six of the biggest oil and gas giants will make almost $3,000 in profits every second this year, a new report finds, as ...

Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.

The bill, which they've called the "Stop Climate Shakedowns Act of 2026," would provide legal protections for oil and gas ...

The levy was introduced in 2022 after soaring energy company profits and is due to run until 2030.

By Savyata Mishra and Anuja Bharat Mistry April 27 (Reuters) - The fragile demand recovery seen by consumer companies ...