Exxon and Chevron posted strong Q2 oil and gas output, driven by Guyana, Permian, and Kazakhstan. BP and Shell’s past focus on renewables and asset sales has led to lower oil and gas output, with ...

BP has said it is ramping up overhaul efforts with aims to sell off more parts of the business and strip out further costs as it posted a smaller-than-feared drop in quarterly profits. The oil giant ...

Shell saw profits slump in the second quarter as the oil giant shouldered weaker oil and gas prices. The FTSE 100 energy giant told investors adjusted earnings fell 32 per cent to $4.3billion ...

Oil and gas major Shell (LON: SHEL) has maintained the pace of its $3 billion-plus share buybacks, despite its quarterly profits falling by a third. With energy prices dipping over the course of the ...

ExxonMobil, the world's largest integrated energy company, expects its second-quarter earnings to take a hit because of lower oil and gas prices. The American supermajor recently warned that its ...

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...