Exxon Mobil says its net income fell 4 percent in the fourth quarter as it produced less oil and natural gas and posted weaker refining results.
The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems.
The prices of oil rose Thursday as a positive report on the U.S. labor market and more cold temperatures boosted expectations of higher demand for heating oil.
Exxon Mobil's fourth-quarter profit fell 16 percent as the company produced slightly less oil and gas and its refining business weakened.
U.S. gas resources are so vast that natural gas prices are likely to stay low for at least the next 20 years, a new study says.
A new report indicates that consumers are wasting billions of dollars on the purchase of multivitamins.
At long last, true energy independence for the United States is within reach. But will it matter?
Exxon Mobil, the world's largest publicly traded oil company, reported an 18 percent decrease in quarterly profit on weakness in its refining business.
If the Keystone pipeline is approved, it'll ship vast amounts of Canadian oil to Gulf of Mexico refineries, but Wall Street's moguls are split over whether that's a good idea.
BP won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims.
An independent probe found evidence of a plot by lawyers to "corrupt" the BP settlement program, but nothing that warranted stopping payments to victims of Gulf oil...
Stocks rose Wednesday on Wall Street, edged higher in part by oil stocks, as investors continued to focus on the likelihood of a U.S.-led attack on Syria.
Yum Brands and its KFC unit continue to struggle in China, as a key measure of Yum's sales tumbled 13 percent last month, far worse than expected.
The U.S. trade deficit narrowed sharply in June to its lowest level in nearly four years as imports reversed the prior month's spike.
Stocks are set to rally Thursday morning, but August has proven to be a fickle month for investors.
When it comes to "alternative" ways to generate electricity, solar is just about the most expensive form of energy you can buy.