Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

Responding to Donald Trump's latest moves, Canadian leader Justin Trudeau vowed a "firm and clear" response to the plan for 25% tariffs on steel and aluminium imports, while EU chief Ursula von der ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream ...

Shares of BP (BP) and Phillips 66 (PSX) are moving in opposite directions today, amid earnings and investment news ...