U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

In February, the Maharatna company had signed a memorandum of understanding (MoU) with Petrobras, Brazil’s state-owned oil ...

Oil companies are braced for a toughest year since the coronavirus pandemic as lower crude prices squeezed their 2025 ...

The International Chamber of Commerce has scheduled a hearing in Exxon Mobil’s  arbitration dispute over rival Chevron’s ...

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was ...

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude ...

Shell Plc is working with advisers to potentially acquire BP Plc (formerly known as British Petroleum), amid a potential ...

Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

The Trump administration is escalating its efforts to counter state-level legal action against the energy industry over ...

BP and Shell were almost equal in size, but over the past few years Shell has grown to almost twice the size of BP, with a market value of about 149 billion pounds ...

The global fuel giant Shell is analyzing the possibility of acquiring BP. According to Bloomberg, Shell is waiting for ...