The Treasury Department is trying to strike a balance between the need for information from banks to help it nab hidden account owners and administrative demands that a rule toward that end might ...

BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could be a target of a blockbuster acquisition. As it has been ...

Having seen sector peer Shell beat expectations last week, the pressure was on BP to follow suit today with its full year and Q4 numbers, in a year that has also seen a change at the top of the ...

A large competitor boosted the amount of its share repurchase program. This reflected the generally robust health of the oil and gas industry. Of the two catalysts, the more impactful one was the ...

(Bloomberg) — Elliott Investment Management Ltd., which is in the middle of an activist campaign at BP Plc, has taken a short position equivalent to 0.5% of shares in London-based peer Shell Plc. The ...

[HOUSTON] ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about US$1.5 billion as a volatile quarter for commodity prices weighs on second-quarter profits. Oil prices ...

The second-to-last day of the trading week saw ExxonMobil's (NYSE: XOM) stock jump more than 3% higher in price. This was due to a pair of factors, one external and the other internal. With that rise, ...