Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand. Global oil inventories are ...

The higher refining margins are set to add $300 million to $400 million to BP's results, although some of that will be ...

A British oil company, Shell (SHEL.L), has approved the $2 billion development of theHI offshore gas project in Nigeria in ...

U.S. oilmen have been fighting mad ever since December, when the British abruptly announced their intention to cut the use of dollar oil in the sterling area (TIME, Jan. 2). Oilmen, trying to get the ...

BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its ...

Last year, Lloyds denounced fossil fuel financing, joining a growing list of financial institutions in Europe to do so. Neptune Energy: Virtually all British banks have stopped financing smaller ...

The British blue-chip index ended lower on Tuesday as weak oil prices hurt major energy stocks, while losses in the mid-cap index were mitigated by Royal Mail, which rose after it flagged a boost from ...

The Department of Energy (DoE) has identified two foreign companies as being part of a consortium awarded with the rights to ...

Justin Crump, an ex-British army officer and CEO of the risk consultancy Sibylline, told BBC Verify that Ukraine had long ...