Chevron just announced its highest quarterly earnings ever. Shell clocked its second-highest quarterly profits. And while ExxonMobil's profits came in beneath what Wall Street analysts had expected, ...

PetroChina is poised for a record year in trading profits, five trading executives said, with its refineries outside China ...

This summer, millions of people have felt the dire consequences of climate change while facing extreme, record-breaking heat. And the Big Oil companies fueling those heat waves are seeing their ...

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BP posted higher profits on a strong oil trading performance and higher energy prices, and said it is putting its U.S. biogas business up for sale as it continues its pivot back to fossil fuels. The ...

The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy. By Rebecca F. Elliott As the war with Iran continues to upend energy ...

PetroChina International is set to book a record $3 billion in trading profit in 2026 as the Hormuz crisis lifts crude prices and refining margins.

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America’s biggest oil companies are poised to post their strongest quarterly earnings in years — as President Donald Trump has been ramping up pressure on the industry to lower gas prices ahead of ...

Oil has become one of the clearest financial beneficiaries of the Iran war — and one of the biggest headaches for American drivers. The Strait of Hormuz, a critical artery for global energy shipments, ...

When Chevron reported its highest quarterly profit in six years on July 31, 2026, it was just one detail in a larger picture: Analyst firm Wood Mackenzie estimates the global oil and gas industry is ...