BP is eliminating 4,700 jobs, or roughly 5% of its workforce, and cutting more than 3,000 contractor positions, as the oil ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...

Activity sharply declined in the fourth quarter from recent years but the availability rate in the city remains tight.

The ruling issued Tuesday by Justice Anar Rathod Patel amounts to yet another legal defeat in a nationwide effort by local ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Under the deal, Halliburton will help Iraq in increasing production at the field to 300,000 barrels per day (bpd) ...

Valued at a market cap of $490.1 billion, Exxon Mobil Corporation (XOM) is a global energy leader with a diversified ...

Exxon Mobil Corporation XOM has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an emailed ...

The CEO of the Italian oil company Eni, Cláudio Descalzi, assured Mozambican president Daniel Chapo that he plans to expand ...

Exxon completed the exploratory drilling of Nefertari-1 in the North Marakia block, which is located about five miles off Egypt's northern coast, the ...

Utility companies are responsible for fewer wildfires than those started by human activity, but still tend to be more destructive. According to researchers at University of California, Berkeley, ...

State Supreme Court Justice Anar Patel said the city failed to prove that Exxon Mobil, Shell and BP misled New Yorkers about ...