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Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries the flexibility to make more of the fuel.

ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.

The national average diesel price increased for the third consecutive week, rising 5.4 cents a gallon to $3.812, according to U.S. Energy Information Administration data released July 22.

OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.

Shell's former head of oil trading in the U.S. was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit.

Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks inherent in pursuing a major deal.

Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year.

Concern about U.S. President Donald Trump’s threats to impose tariffs on U.S. imports of Canadian oil is waning as the duties’ start date keeps getting pushed back.

President Donald Trump began dismantling Joe Biden's climate change and renewable energy policies on his first day, declaring a national energy emergency — an emergency Democrats say is a sham.

Quebec has long resisted proposals to build new oil and gas pipelines through its territory. U.S. President Donald Trump’s threats against Canada might change that.