El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

ConocoPhillips can generate that much cash at an oil price below $80 because of its low cost of supply. It has about 20 ...