Shares of BP rose 1% on Thursday after the energy firm said it would lay off around 4,700 employees in 2025 as it aims to cut ...

Valued at a market cap of $490.1 billion, Exxon Mobil Corporation (XOM) is a global energy leader with a diversified ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...

Exxon completed the exploratory drilling of Nefertari-1 in the North Marakia block, which is located about five miles off Egypt's northern coast, the ...

XOM's natural gas find off Egypt's coast could help the nation reverse its declining production and regain its status as a ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

Utility companies are responsible for fewer wildfires than those started by human activity, but still tend to be more destructive. According to researchers at University of California, Berkeley, ...

BP will cut over 5 per cent of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to ...

State Supreme Court Justice Anar Patel said the city failed to prove that Exxon Mobil, Shell and BP misled New Yorkers about ...

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

Kazakhstan is stepping up oil production at its Tengiz field, boosting demand for crude tankers. Tengizchevroil plans to hike ...

ExxonMobil has made a potential play opening discovery in Egypt's frontier Herodotus basin on a prospect that, before ...