Brazil’s Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on ...

Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Exxon Mobil's Q4 earnings hit $7.61 billion, fueled by advantaged assets in the Permian Basin and Guyana, with production set ...

ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...

Chevron’s (CVX) stalled acquisition of Hess (HES) is taking on even more importance for investors after the company’s oil and ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

ExxonMobil XOM and Chevron CVX, two of the world’s largest oil/energy companies, delivered contrasting earnings performances in the fourth quarter. ExxonMobil reported Q4 adjusted earnings per ...

ExxonMobil has delivered peer-leading metrics over the past several years. The oil company is reaping the benefits of its best-in-class asset base and disciplined investment strategy. Exxon is in ...