Exxon Mobil Corporation XOM has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an emailed ...

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...