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Geopolitical tensions and a growing disparity between supply and demand have driven up prices. Here is what that means and what could happen next.

The oil and gas giant said it would resume its stock buyback program by repurchasing $10 billion in shares over the next two years.

The company recorded a profit of $5.1 billion as global prices rose.

The target does not account for the climate impact of its customers and suppliers, leaving the company lagging the commitments of some of its rivals.

President López Obrador wants to halt most oil exports and imports of gasoline and other fuels. Critics say he is reneging on Mexico’s climate change...

Exxon plans to reduce greenhouse gas emissions across its business, bit its goal does not include offsetting emissions from its customers, such as car and...

President Biden is under pressure to release oil from the Strategic Petroleum Reserve. Here’s how it works, and how it might lower prices (modestly, and...

In the third quarter, the companies continued their rebound from the collapse in demand at the start of the coronavirus pandemic.

In the Middle East, Africa and Latin America, government-owned energy companies are increasing oil and natural gas production as U.S. and European companies pare supply...

The transaction comes with oil prices high, Permian production strong and Shell under pressure to move faster to cut carbon emissions.