The U.S. has transformed global markets by growing into the world’s largest crude oil producer. Here’s why one Texas port—Corpus Christi—is key to the nation’s status as an energy export powerhouse.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Markets gave back their gains from Tuesday in the face of ...

BP has warned it will book pre-tax writeoffs on assets and exploration to the tune of $16-21 billion in its second-quarter results as it revised down its long-term oil price assumption and launched a ...

LONDON—BP PLC on Wednesday became the latest natural-resources company to announce cuts during a time of slumping commodity prices and uncertain demand. The U.K. oil-and-gas company said it expects to ...

Simply sign up to the Pensions industry myFT Digest -- delivered directly to your inbox. BP is set to book a $700mn windfall due to tax changes aimed at boosting corporate pension fund investment in ...

BP said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth-quarter while upstream production is expected to fall. The British oil-and-gas giant said on Tuesday that the ...