The two focused on expanding oil and gas production as rivals BP and Shell spent heavily on wind, solar and renewables that have yet to pay off. Both US oil firms have meanwhile benefited from...

The rights to an offshore field containing 11 billion barrels of oil are at stake in an arbitration dispute

The company reported a net annual loss of $22.44 billion for 2020, compared with a full-year profit of $14.34 billion in 2019

Chevron is the largest international oil company in Bangladesh that produces gas from local fields

The discussions are indicative of the pressure the energy sector’s most dominant companies faced as the Covid-19 pandemic took hold and crude prices plunged

In Australia, Exxon said on Wednesday it had completed a review of its current and future project work in the country and was seeking volunteers to quit the company

Exxon Mobil reported a loss of $1.1 billion in the second quarter, the biggest since the Exxon-Mobil merger in 1999

It is eclipsed by more ambitious plans set individually by the consortium's European members, including Royal Dutch Shell, BP and Total