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

Kraft Heinz is preparing to break itself up, a decade after an infamous merger of two of the biggest names in packaged foods that was orchestrated by Warren Buffett and Brazilian private-equity firm ...

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

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

US supermajor ExxonMobil is not buying any crude from the Mars stream in the US Gulf until a zinc contamination issue is ...

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

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...

Partners Atlas Maritime and European Maritime Finance (EMF) have concluded a new deal in their successful strategy of mixing ...

Juan Flores, an environmental organizer, gives “toxic tours” in Galena Park, Texas. It sits in the shadow of the U.S.’s ...

Guangdong province in southern China boasts the longest coastline on the Chinese mainland. With the second-largest sea area ...

BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.