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Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, ...

LONDON, March 3 (Reuters) - OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on ...

We will not tolerate threats to territorial integrity.” Venezuelan Vice President Delcy Rodríguez disputed Ali’s claims and called ExxonMobil’s oil installations “illegal.” “He’s telling bald-faced ...

The expected increase in oil supply across the globe in the following years will likely limit ExxonMobil’s upside. As the oil demand is about to peak, it makes no sense to expect ExxonMobil to ...

Even as someone who cooks the vast majority of meals at home and goes through a lot of olive oil every week, I find that section of the grocery store overwhelming. Some hail from Greece ...

SINGAPORE – Earlier in February, an auxiliary police officer spotted an oil leak at the Police Coast Guard’s (PCG) Brani Regional Base, but took it for a water leak. The incident at the base ...

Oil majors like Chevron, ExxonMobil, and TotalEnergies are leading the charge in new and existing frontier basins. The global oil industry saw approximately 120 oil and gas discoveries in 2024 ...

Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to $10bn. It is the latest multinational in the energy sector to change its ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol, targets $20 billion in divestment Energy transition is slower than BP ...

BP has announced it will cut its renewable energy investments and instead focus on increasing oil and gas production. The energy giant revealed the shift in strategy on Wednesday following ...

David Axe writes about ships, planes, tanks, drones and missiles.