Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil barrels and 600 billion ...

BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on ...

Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between ...

Numerous state and local governments argue oil and gas companies deliberately hid the environmental impacts of fossil fuels.

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...