Many analysts are still forecasting average oil prices of $60 this year. It is now abundantly clear that is not going to happen.
Oil giants are expected to publicly back a plan that scraps Obama-era regulations intended to fight climate change, N.Y. Times reports.
Oil prices fell to a seven-month closing low after data showed an unexpectedly large weekly build in U.S. gasoline inventories.
The rating agency bumped BP up one notch to A1 and said the London-based company's outlook was positive.
Trump's decision to pull out of a global agreement to curb carbon emissions is met with disapproval from big businesses.
President Donald Trump is expected to pull out of the Paris climate agreement, multiple news organization are reporting.
The president's threat to withdraw the U.S. from the Paris accord on climate change would deal a blow to the global treaty.
Get ready for cheap oil and self-driving cars sooner than you may think, according to independent think tank RethinkX.
European markets ended lower Thursday as a sharp fall in oil prices weighed on sentiment, following news out of an OPEC meeting.
European stocks close sharply lower on Wednesday as investors reacted to fresh corporate earnings and ongoing political uncertainty in the U.S.
Shell has reported higher than expected revenues for the first quarter of 2017.
BP beat forecasts Tuesday, thanks in large part to higher oil and gas prices.
European markets closed higher on Tuesday as investors reacted to fresh earnings and awaited the upcoming French presidential vote.
Some of the names on the move ahead of the open.
BP beat analyst expectations on Tuesday as higher oil prices and increased production helped improve the oil giant's bottom line.
U.S. equity futures pointed to a higher open on Monday after the U.S. government avoided a shutdown.
Energy giant BP slashes CEO Bob Dudley's 2016 pay package by 40 percent.
Producers of liquefied natural gas (LNG) have shot themselves in the foot with oversupply, and face calls for flexibility and greater competition.
BP has agreed to cut about £5 million from its CEO's maximum pay for the next 3 years in a bid to avoid a shareholder revolt, Sky News reported.
When OPEC points at U.S. oil producers, it always blames the shale drillers for oversupplying the world market.