Business ❯ Energy

Oil Companies

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Trump Orders DOJ Probe of Oil Firms Over Slow Drop in Gas Prices

The inquiry follows a sharp crude price decline after Gulf flows resumed, signaling potential scrutiny of refinery margins.

Petrobras Approves Joining Federal Fuel Subsidy as Importers Warn of Unpaid Diesel Reimbursements

Protesters Ejected Before Albanese’s WA Resources Speech

Argentina Lowers Export Duties on Conventional Crude Under New Decree

Oil Slides as Markets Weigh U.S.-Brokered Ukraine Peace Effort

Perupetro Disqualifies Upland From Lote 192 Over Financing Gaps

Fire at El Carrizal Camping Destroys About 21 Cabins as Probe Examines Cause

Petrobras Drills First Foz do Amazonas Well After Ibama Greenlight as CEO Flags Price Headwinds

Houthis Sanction U.S. Oil Majors in Move That Puts Truce With Washington at Risk

Finance Ministry to Finalise Rs 30,000–35,000 Crore LPG Loss Compensation

U.S. Shale Oil Production Declines as Industry Hits Critical Turning Point

Chevron and Exxon Report Mixed Q4 Results with Divergent Trends in Production and Refining

ExxonMobil Warns of Lower Q4 Profits Due to Weak Oil Prices and Refining Margins

Libya's Eastern Government Shuts Down Oilfields Amid Central Bank Dispute

BP Faces Up to $3 Billion Hit Due to Weak Refining Margins

Shell Faces $2 Billion Writedown Due to Biofuels Plant Delay and Singapore Sale

Federal Judge Dismisses ExxonMobil's Climate Lawsuit Against Shareholders

BP Reduces Global EV Charging Operations and Workforce

BP and UAE Suspend $2 Billion Gas Deal with Israel's NewMed Energy

Oil Prices Stabilize Amid Rate Cut Expectations and Supply Outlook