The price of US oil has dropped to a level not seen since 1999, as demand dries up and storage…
More than 4 billion metric tonnes of oil is produced annually. But as big as the oil and gas industry is, there…
Low crude oil prices and weak refining margins have hit ExxonMobil and rival Chevron’s profits in Q1 of 2016. ExxonMobil…
Oil industry giants, Halliburton and Baker Hughes, are in talks about a possible merger. Baker Hughes, the industry's third largest…