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BP Cuts Complexity by Reuniting Into Upstream and Downstream Units

The change signals a shift back toward oil and gas while placing tight emphasis on cutting debt and costs.

Oil Falls Sharply as Markets Price Tentative U.S.–Iran Understanding to Reopen Hormuz

Reliance Starts Commercial New Energy Rollout From Jamnagar Giga Complex

BP Removes Chairman as Board Cites 'Serious Concerns'

BP Removes Chairman Albert Manifold After Board Cites 'Grave Concerns'

UK Extends 5p Fuel Duty Cut as Petrol Hits 158.5p

Gas Near $4.50 as Iran War Squeezes Households, Erodes Trump Support

Pecom Buys 57% of El Corcobo, Lifting Operated Output Above 50,000 Barrels a Day

BP Flags ‘Exceptional’ Q1 Trading After Iran Conflict Drove Price Swings

Exxon Mobil Leads Big Oil Gains as Middle East Price Shock Lifts Outlook

Rosneft Net Income Falls 73% for 2025 as Sanctions Drive Up Costs

India Scales Back Russian Oil Purchases as State Firms Lift Intake, China Absorbs More

OPEC Holds 2026 Demand Outlook as EIA Sees Higher U.S. Output, Softer Prices

Pakistan Weighs Rs4–5 Petrol Cut From Jan. 16 With Smaller Diesel Reduction

Sanctions Drive India’s Russian Oil Imports to Three-Year Low as Trade Reroutes

Oil Falls to Lowest Since 2021 on Ukraine Peace Optimism, Then Rebounds After U.S. Venezuela Blockade

TotalEnergies Farms Out 40% of Two Nigerian Offshore Blocks to Chevron

Oil Gains as Traders Weigh Peace Prospects and U.S. Inventory Jump

Vista Energy Unveils $4.5 Billion Plan to Boost Output 60% by 2028

Baytex to Sell Eagle Ford Assets for $3.25 Billion, Refocus on Canada