The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to ...

Denmark, Sweden and Norway said they will provide Ukraine with a $500 million package of lethal equipment to be bought from ...

Exxon Mobil and Chevron's bumper oil and gas output in the second quarter served as a sobering reminder to their European rivals of the ferocious challenge the latter face in their attempts to close t ...

Exxon Stock Slips After Earnings. The CEO Might Have Spooked Investors. Second-quarter earnings of $1.64 a share at the oil giant top analysts' estimates. The solar energy company posted ...

In a statement, the company said the Brazil deposit, which includes natural gas, is its biggest energy discovery since the Shah Deniz oil field in the Caspian Sea was located in 1999. Shah Deniz, with ...

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

BP turned a $2.4 billion profit in the second quarter, up from $1.4 billion in the first quarter. The London-based energy ...

Greenhouse gas emissions are regulated under the Clean Air Act today, and that protects industrial polluters from litigation.

The announcement by BP on Monday that it had made its largest oil and gas find in 25 years off the coast of Brazil in Santos ...

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.