Victor Adetimilehin

Chesapeake Energy, the second-largest natural gas producer in the United States, has announced a $7.4 billion deal to acquire its smaller rival, Southwestern Energy. The all-stock transaction, which values Southwestern …

A massive winter storm swept across the U.S. East Coast from Florida to Maine on Wednesday, leaving more than half a million homes and businesses without power. The storm brought …

Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses. Brent crude futures were up $1.07, or 1.41%, at …

Shell, the global gas giant, has signed a deal to purchase two million metric tons of liquefied natural gas (LNG) per year from a proposed Canadian project, the partners announced …

Oil prices dipped as the world’s top oil exporter, Saudi Arabia, cut its official selling prices for February and the Organization of the Petroleum Exporting Countries (OPEC) increased its production …

Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower …

The price of oil climbed higher on Wednesday after President Joe Biden said he would replenish the Strategic Petroleum Reserve (SPR), the world’s largest emergency oil stash. Biden’s decision came …

Oil prices climbed higher on Thursday, extending the previous day’s sharp gains, as the Middle East faced multiple crises that threatened to disrupt the region’s oil supply. A series of …

Chevron, one of the world’s largest oil and gas companies, announced on Tuesday that it expects to take a massive hit of up to $4 billion in the fourth quarter …

Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …