An activist investor famed for ousting senior leadership has called for BP chair Helge Lund to quit after the oil major’s ...

Mexican national oil company Pemex's Deer Park oil refinery near Houston will operate this weekend at a low level following a deadly chemical leak a couple days ago, the company said in a statement ...

A chemical leak at a Texas oil refinery killed two workers and caused multiple injuries Thursday afternoon, officials with ...

On Thursday, the Harris County Sheriff's Office in Texas reported the leak, which occurred at the Shell Pemex Facility. The ...

British energy giant BP warned Friday that its third-quarter profits are set to be hit by weak oil sales and refining margins, amid stalling global crude demand.

BP shares down in premarket after disclosing updated Q3 guidance, with oil production stable but weaker refining margins.

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

BP expects lower profits in Q3 due to weak refining margins, a weak oil trading result, and higher exploration write-offs.

Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...

Macron, a former investment banker dubbed the "Mozart of finance," blew a hole in the country's public finances with a surge in pandemic-related spending; a military buildup and energy subsidies to ...

BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...

BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...