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Both sides are in the midst of negotiations over stake in the Stabroek deepwater field that could end up in arbitration

Quarterly results signal pullback from bumper earnings in past two years

Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023

The $40mn pay packet for Darren Woods comes amid debate in London about transatlantic valuation gap

Oil major’s slate of directors gains wide approval despite activist-led revolt over greenhouse gas emissions

Biggest western oil producer to extract the metal from Arkansas starting in 2027 for use in EVs and energy storage

Bullish forecast from US supermajor contrasts with predictions of rapid transition form fossil fuel

Deal gives oil group a chunk of Permian real estate, associated cash flows and $2bn of estimated annual synergies

Supermajor targets annual project investment of $22bn-$27bn through 2027 and 10% rise in output

Surging US oil production boosts earnings despite slide in prices after record 2022