When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...

Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ...

CVX topped Q2 earnings estimates and closed the Hess deal, but dilution, pricing pressure, and margin risks loom.

Exxon Mobil posted strong Q2 results with solid cash flow, Permian growth, and rising dividends, trading at a discount to ...

Exxon Mobil started production months ahead of schedule at its newest development in the heavily-contested Stabroek block.

An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek ...

Chevron, which is shedding 200 Midland-area jobs as part of a 15% to 20% reduction in its global workforce, said in its ...

Exxon Mobil and Chevron's bumper oil and gas output in the second quarter served as a sobering reminder to their European ...

Oil is a dying industry, although oil drilling won’t vanish overnight. Some estimates suggest that the industry will have a ...

Chevron’s Hess deal boosts growth potential with Guyana assets, strong Permian output, and cost synergies despite oil risks.

Over the next few years, ExxonMobil intends to deploy several floaters in Guyana, including the Errea Wittu FPSO in the Uaru ...

London-based Shell also saw its profitability decline, saying Thursday that second-quarter adjusted earnings fell 32 percent ...