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.
Persistently low oil prices will keep BP on a "strict capital diet" for years to come, Bob Dudley said.
At the CERAWeek conference, Bob Dudley, BP CEO, speaks to CNBC's Brian Sullivan about the return to growth for the company and his outlook for the industry.
BP CEO Bob Dudley speaks live from the CERAWeek conference in Houston, Texas.
US drillers, buoyed by a higher oil price, are producing at the highest rate in a year, setting up a showdown with OPEC and Russia.
Republicans and industry groups said an anti-corruption regulation disadvantaged U.S. drillers, but foreign firms follow similar rules.
BHP Billiton on Thursday approved its $2.2 billion share of investment for the second phase of the Mad Dog oilfield in the Gulf of Mexico, as expected.
French oil major Total said it is hunting out opportunities to buy plumb assets from struggling rivals after it reported better-than-expected fourth quarter net profits.
U.S. equities closed mixed as energy capped gains, while investors focused on a slew of corporate earnings reports.
European stocks closed higher as earnings and economic data continued to be the main focus for investors.
Carl Icahn said he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, likely bringing an end to his troubled relationship with the city.
Some of the names on the move ahead of the open.
Disney, General Motors and BP are on the list of companies reporting earnings Tuesday, as traders look for more clarity on Trump's agenda.
BP disappointed analysts on Tuesday morning, reporting lower-than-expected net income in the fourth quarter and annual earnings that dipped to at least a 10-year low.
GLG Fund Manager Henry Dixon reacts to BP’s latest earnings, after the oil major missed analyst expectations.
Jefferies Equities Analyst Jason Gammel reacts to BP’s latest earnings and its performance going forward in light of the fluctuating oil price.