ExxonMobil's December 2024 announcement to pursue up to $30 billion in low-emission projects from 2025 through 2030 is a bold bet on the clean energy transition. Around 65% of this spend is earmarked ...

A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.

The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...

Exxon Mobil Corp XOM shares are trading higher on Friday. Reports have surfaced stating that the company is expanding its ...

Exxon Mobil (NYSE:XOM), BP (BP) and Shell (SHEL) have held preliminary discussions with Oil and Natural Gas Corp. for a potential partnership in the Indian company's $5B deepwater project in the KG ...

More takeover talk involving potentially several suitors was lifting shares of BP on Friday. U.K. shares of BP (UK:BP) rose over 3% on Friday, while U.S.-listed shares (BP) gained over 2%. Chevron ...

The state alleges that BP, Chevron, Exxon and others have acted as a "cartel" that's "suppressed innovation" around EVs.

If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp.

The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is poised to surpass European rivals Shell plc SHEL and BP plc BP in low-carbon energy investments, marking a shift in the clean energy race among Big ...