OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota,

Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

Oil futures gain a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders' radars. "We

In what appears to be a first-of-its-kind lawsuit, big oil companies – including ExxonMobil, Chevron, BP and Shell – are facing a climate change wrongful death

BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader return to the country after years of instability.

Tucked inside the so-called “Big Beautiful Bill” is language that will increase offshore oil and gas royalties shared between Washington and Gulf Coast states. Originally passed in 2006, the Gulf of Mexico Energy Security Act, or GOMESA, will now dedicate 37.5% of royalties to Louisiana, Texas, Mississippi and Alabama.

The administration is targeting key EU greenhouse-gas regulations in trade negotiations with Europe.

As President Donald Trump has touted American energy dominance, he has leaned on executive orders to expedite natural-gas-fired power and new nuclear plants. But regulatory and supply-chain bottlenecks still put those projects several years out.

A $745 million win against Chevron is a landmark victory, but for Louisiana attorney John Carmouche, it’s just one battle in a much larger war. For years, he and his firm have been fighting to make Big Oil pay for its role in the state's coastal erosion crisis.

The shale boom made the U.S. the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of the richest shale basins from West Texas to North Dakota maturing and the quality of remaining drilling locations diminishing, companies are directing billions of dollars toward South America’s offshore bounties.