News

The Houston-based energy giant Chevron will lay off 575 employees from the Downtown Hess Tower following its $53 billion ...
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
BP's Castrol unit has secured a bid from US private equity firm One Rock Capital Partners, one of the few remaining bidders ...
BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...
Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...
Despite its European rivals Shell (SHEL) and TotalEnergies (TTE) musing about such a move, BP (BP) has steadfastly rejected the idea of moving its primary listing to the U.S. (All three companies have ...
This withdrawal underscores the immense challenge and inherent tension faced by major energy companies as they navigate the ...
Mergers and acquisitions in the global upstream oil and gas sector clocked in at just over $80 billion in the first half of 2025, good for a 34% year-over-year decline amid volatile oil prices and tar ...
A ruling from the International Chamber of Commerce has cleared Chevron's $53 billion acquisition of Hess, ending one of the ...
BP is divesting its entire US onshore wind energy business to LS Power, signaling a significant shift away from renewables ...
BP to sell entire US onshore wind portfolio to LS Power as part of $20B divestment plan. LS Power plans to integrate projects ...