The Biden administration is imposing a fee on large energy companies that spew excess methane, a potent greenhouse gas. Republicans may be able to repeal it. By Lisa Friedman and Brad Plumer Oil ...

The news follows an announcement in August 2024 that Chevron, the second-largest U.S. oil company, will relocate from its California headquarters to Texas. The company, with roots in California ...

Kickoff is set for 1:00 p.m. ET from Lucas Oil Stadium in Indianapolis, with the game airing on CBS. This is a tricky spot for the Buffalo Bills. Not only are they on the road, but a massive ...

The central Iraqi government has decided to start delivering crude oil from Kurdistan to the state-owned oil company or the oil ministry, local media reported, noting that the price that Baghdad ...

The deal's proponents say the merger could generate far more revenue since the oil output from the three companies could be sold through Litasco, Lukoil's trading unit in Dubai. That would help ...

Large oil companies in the United States have been paying taxes at a significantly lower rate than most other corporations. The chief reason is that there are provisions in the U.S. tax code that ...

OQ Exploration and Production (OQEP) raised $2 billion in a landmark IPO, becoming the largest listed company on the Omani Stock Exchange. The IPO was oversubscribed by 2.7 times, reflecting ...

Russia is seeking to merge three major oil companies in a bid to create the world’s second-biggest crude oil producer, reports suggest. The talks underline Vladimir Putin’s desire to muster ...

More than 50 members of Congress have signed a letter calling on the U.S. government to toughen sanctions on Russian oil and questioning an exception granted to U.S.-based oil-services company ...

It was only able to keep dividends unchanged by taking on leverage, with the result that it is “the most indebted, relative to its size and cash generation, among the Big Oil companies”.

Trump — who has dismissed climate change as a “hoax” and courted oil company executives throughout the campaign — has outlined plans that have the potential to boost oil and gas profits as ...

Co-founder and managing director Layi Fatona see the listing as a crucial step in the maturing of Nigeria’s indigenous oil industry. Aradel Holdings, part of the consortium acquiring Shell Petroleum ...