The Latest Breaking News from Petroleum

Occidental Petroleum Corp (NYSE:OXY) shares are trading lower as oil prices fall Tuesday amid Iran-Israel ceasefire efforts.

Turkey is stepping up its influence in west Africa as the geopolitical and economic landscape in the region shifts. In Senegal, the state-owned Turkish Petroleum Corporation has entered a key partnership in the oil and gas sector. Meanwhile, Karpowership, a company providing electricity via floating power plants, now supplies energy…

A federal appeals court panel has refused to vacate the approval of the massive Willow oil project on Alaska’s petroleum-rich North Slope

The UK government will soon face a momentous decision over whether to approve production in the Rosebank oilfield off the coast of Shetland.

As the United States draws oil inventory by the largest amount since December 2024, there could be bottlenecks sending oil prices higher.

Due to Occidental Petroleum's weak performance relative to the broader Nasdaq Composite over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Marathon Petroleum has underperformed the S&P 500 over the past year, but analysts are moderately optimistic about the stock’s prospects.

Doug Burgum says Biden order that banned drilling in 23m-acre National Petroleum Reserve-Alaska will be reversed

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”