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  1. BP’s New CEO Needs to Steer Company Through World Wary of Oil

    Bloomberg via Yahoo FinanceOct 04 12:59 PM

    BP’s production is set to rival that of much larger Exxon Mobil Corp., including its stake in Rosneft PJSC, by the middle of the next decade. Looney sees these as key to keeping BP relevant ...

  2. The surprise move, affecting one of the world's largest energy shippers operating more than 50 supertankers, comes as U.S. President Donald Trump seeks to exert maximum...

  3. Oil Traders Rattled by U.S. Sanctions on China Tanker Firms

    Bloomberg via Yahoo FinanceSep 26 8:11 AM

    Four shipping companies including a unit of COSCO Shipping Corp. were charged with knowingly violating restrictions on handling and transacting Iranian petroleum, with additional sanctions ...

  4. Chevron's shale allies are its secret weapon in Exxon race

    Reuters via Yahoo FinanceOct 03 4:09 AM

    oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading ...

  5. India Scrambles for LPG to Meet Demand as Saudis Defer Flow

    Bloomberg via Yahoo FinanceSep 26 5:08 AM

    Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. are scouring the market for prompt LPG supplies for delivery before Diwali in late October, ...

  6. Oil Trader Fired by Mitsubishi Denies Allegation of Hidden Bets

    Bloomberg via Yahoo FinanceSep 25 4:42 AM

    The case is the latest in a long history of busts in the oil trading business, an often opaque and idiosyncratic world where cargoes of crude worth hundreds of millions of dollars ...

  7. New Oil Search Boss Faces Papua New Guinea Test After Botten Era

    Bloomberg via Yahoo FinanceOct 01 19:00 PM

    Peter Botten, who will step down in February after 25 years at the company, nurtured connections with the government and landowners, as well as partner Exxon Mobil Corp., to tap oil ...

  8. Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United States sanctions on units of Chinese ...

  9. It was a week where both oil and natural gas prices settled sharply lower. On the news front, BP plc BP has signed up Korea Gas Corporation as a customer for its Freeport LNG terminal ...

  10. LONDON/HOUSTON (Reuters) - Exxon Mobil Corp this week banned the use of vessels linked to oil flows from Venezuela in the last year, according to four people familiar with the ...