Global oil demand is set to continue growing until the end of this decade, driven by resilient consumption in the United States and a slower-than-expected shift to electric vehicles (EVs), according t...

The U.S. Supreme Court has agreed to hear a high-stakes appeal from major energy companies including Chevron Corp. $CVX and Exxon Mobil Corp. $XOM concerning climate liability lawsuits brought by Lou...

New York-based clean energy startup Aircela has publicly revealed its air-to-fuel conversion machine during a live demonstration in Manhattan. The compact device, roughly the size of a standard refrig...

Azerbaijan's state energy company SOCAR is set to finalize new oil and gas exploration agreements, including potential collaborations with Exxon Mobil $XOM and BP $BP. This strategic move comes as the...

Goldman Sachs $GS forecasts that the oil-producing alliance OPEC+, which includes major exporters such as Saudi Arabia and Russia, will raise its output by 410,000 barrels per day (bpd) in August. The...

Exxon Mobil Corp. $XOM has reaffirmed its commitment to its current capital allocation strategy, demonstrating confidence in its operating model even if oil prices retreat to USD 50 per barrel. CEO Da...