Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.

Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on ...

Chevron and Exxon Mobil saw earnings decrease during the fourth quarter, despite hitting record oil and gas production in ...

State-owned SOCAR manages Azerbaijan's oil and gas industry and the investment in Israel has major geopolitical implications ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

The Greek government seems to have shifted its energy policy focus from the green transition to offshore gas production in ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Oil prices rebound on fears of potential supply disruptions as Trump prepares to impose sanctions on Iran, leading energy stocks to outperform.

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...