Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

Oil futures gain a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders' radars. "We

In what appears to be a first-of-its-kind lawsuit, big oil companies – including ExxonMobil, Chevron, BP and Shell – are facing a climate change wrongful death

BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader return to the country after years of instability.

The administration is targeting key EU greenhouse-gas regulations in trade negotiations with Europe.

As President Donald Trump has touted American energy dominance, he has leaned on executive orders to expedite natural-gas-fired power and new nuclear plants. But regulatory and supply-chain bottlenecks still put those projects several years out.

A $745 million win against Chevron is a landmark victory, but for Louisiana attorney John Carmouche, it’s just one battle in a much larger war. For years, he and his firm have been fighting to make Big Oil pay for its role in the state's coastal erosion crisis.

Primary energy demand is forecast to rise by 24 per cent between now and 2050, he said, surpassing 120 million barrels of oil a day. Currently, oil demand is around 103 million barrels per day.

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of U.S. tariffs, with prices rising as a tight physical market lent support.

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.