Big Oil Is Reaping Rewards From the Chaos in Energy Markets

ExxonMobil's earnings doubled and Chevron posted its highest quarterly earnings on record as energy prices soared during the prolonged closure of the Strait of Hormuz.

BP Puts U.K. North Sea Business Up for Sale

The energy major said that it would market the business to potential buyers, paving the way to end oil production in its home country after 60 years.

Puma Shares Slip on Soft Sales