The New York attorney general is investigating why ExxonMobil has declined to write down the value of its assets despite the oil price rout.
ExxonMobil earned an adjusted 41 cents per share in the second quarter, compared with expectations for 64 cents per share.
Oil prices are shedding their gains, but Evercore analyst Doug Terreson said it's not time to abandon the big oil trade.
With oil prices expected to trade lower for longer, more energy companies are set to face default, according to one CEO.
Evercore ISI's Doug Terreson expects all oil majors to do a big deal, starting in the first half of this year.
With big oil's profits and revenues expected to fall significantly from a year ago, investors will have an eye on a few critical factors.
Investors looking for upside that comes with risk-oriented energy plays can find similar returns in Chevron, Sam Margolin of Cowen said.
The recent leg lower in oil prices is no surprise, and the oil rout will get worse before it gets better, John Hofmeister says.
Shell said on Thursday it was reviewing its business interests in New Zealand as it seeks to streamline its portfolio amid a slump in energy prices.
After years of strong employment gains that outpaced total private sector growth, the energy sector is now the biggest job cutter of 2015.
Emad Mostaque of consulting company Ecstrat makes the case for triple-digit crude in an interview with Mandy Drury.
Richard Mallinson, geopolitical analyst at Energy Aspects, explains why more lower prices will help them in the long term.
An expected drop in crude prices to $30 to $40 a barrel might not be enough to balance global oil markets, analyst Jamie Webster says.
Anatoli Annenkov, senior European economist at Societe Generale, discusses how financial factors have impacted oil prices.
Chevron earnings fell well below expectations Friday, raising new questions about shareholder returns at a time when oil prices are sliding again.
T. Boone Pickens says Saudi production is topping out at about 10 million barrels per day and oil prices will return to $70 per barrel by year end.
Governments globally charge prices for energy that do not account for its harmful side effects, amounting to a $5.3 trillion subsidy, the IMF said.
Shell's takeover bid for BG may be a harbinger of more deals for Australia's resources sector, which has taken a body blow from low commodity prices.
Exxon could make a deal soon, and targets for oil majors range from U.S. shale producers to distressed mining and resources firms, analysts tell CNBC.
David Harding, Founder and CEO of Winton Capital Management, discusses how the low oil price is impacting his portfolio.