Chevron's plan to cut as much as a fifth of its workforce - about 8,000 people - comes after oil prices traded in the $70-80 ...

Marketers of petroleum products have expressed scepticism over a plan by international oil companies to sell crude oil to Dangote and other local refineries in naira.The PUNCH reliably gathered that ...

During an internal town hall meeting last week, roughly 40,000 Chevron employees were shown a video touting the oil giant's ...

The attack, involving seven drones, has been labelled as an act of terrorism by the Caspian Pipeline Consortium.

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

A UK court heard a case brought against the international oil company Shell by communities in Nigeria’s Niger River Delta. The Ogoni people claim that decades of oil spills by Shell and its local ...

Shell should take responsibility for environmental damage in Nigeria caused by oil spills, a community leader said on ...

Shell must take responsibility for the environmental damage caused in Nigeria by oil spills. A community leader made this statement on ...

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...