A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...

Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from ...

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

A company that went public in 2019, Aramco has a current market capitalization more than three times as large as its nearest ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

ExxonMobil ( XOM 2.73%) recently provided investors with a sneak peek at its second-quarter financial results. The oil giant ...

RALEIGH, N.C. (WTVD) -- A driver caused a massive fuel spill at a Raleigh gas station Sunday morning, fleeing the scene after ...

Exxon Mobil Corp. expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile ...

Exxon Mobil halts Mars crude oil purchases over zinc contamination. Learn how this issue impacts prices and production along ...