[SYDNEY] The world's biggest miner BHP on Friday announced the sale of its US shale oil and gas assets to BP for US$10.5 billion, with its shareholders set for a windfall...

THE dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.

[LONDON] BP Plc has emerged as the front-runner to buy BHP Billiton's onshore oil and gas operations in the US, according to a person familiar with the matter...

[BEIJING]  Four supertankers chartered by energy major BP have been held up or delayed off China's east coast over the last two months, unable to fully discharge oil as slowing demand from the...

[LONDON] BP plans to acquire the UK's largest electric vehicle charging company, the latest in a string of acquisitions by major oil companies in the growing market for greener transport...

BP plc capped a shaky Big Oil earnings season on a more upbeat note, as investors reacted positively to the highest profit in years even as the continuing burden of oil-spill payments pushed debt...

[GENEVA] Women working in oil trading at Glencore earn 28 per cent less pay on average than men and receive bonuses that were 57 per cent lower.

[DUBAI] When oil-rich Abu Dhabi put a string of offshore fields up for auction, suitors from China to Italy vied for a slice of the pie. Surprisingly, that piece was snatched from one of the world...

[BAKU] British oil major BP, which operates a number of oil and gas fields in Azerbaijan, plans no maintenance shutdowns of platforms there this year and intends to advance with new projects, BP...