HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvementsBusiness optimization plan underway to improve margins and capital ...

Devon Energy (DVN) announced its business optimization plan to improve margins and capital efficiency, growing free cash flow generation and ...

The price of Brent crude oil has fallen to $61 per barrel from an average of $79 per barrel in January, when the Trump administration took charge. There are several reasons for the sharp fall.

Oil prices dropped to their lowest in more than four years on Wednesday on looming demand concerns fueled by an escalating tariff war between the US and China, the world's two biggest economies, and a ...

Akwa Ibom State Government has issued Sterling Oil Exploration and Energy Production Company (SEEPCO) Limited a seven-day ultimatum to submit all documents relating to its land acquisitions and ...

DUBAI, April 9 (Reuters) - Saudi oil firm Aramco (2222.SE), opens new ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news ...

“Any good news of decreasing the tariffs is going to cause oil and yields to rally,” Derek Horstmeyer, a finance professor at George Mason University's Costello College of Business, told ABC News.

Shell Oil Company Logo. (PRNewsFoto/Shell Oil Company) "Shell continues to unlock more value from the prolific basins in our portfolio," said Colette Hirstius, Executive Vice President ...

Backlogs of work increased sharply, the fastest since August 2018, due to higher orders and constrained capacity. The survey showed a marked softening of business activity expectations for the year ...

Nigeria’s economy faces fresh risk as international crude oil prices slump by $10 per barrel, threatening the country’s already stretched fiscals and exposing deep-rooted vulnerabilities in Africa’s ...

Willy C. Shih is the Robert & Jane Cizik Baker Foundation Professor of Management Practice at Harvard Business School. Chigozie Ukachi is a chemical engineer and Harvard MBA student. She ...

United States revokes Repsol's license to import oil from Venezuela, effective May 27. Spain's Foreign Minister promises to protect Repsol's interests amidst rising tensions. US imposes a 25% ...