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The Latest Breaking News from Petroleum

3 Energy Leaders Surging in Market Performance

Amid increasing oil and gas demands, worsening geopolitical landscape, supply constraints, and surging oil prices, the energy sector is poised to witness stable growth in the near term. Against this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), DNOW Inc. (DNOW), and Matrix Service Company (MTRX) could be solid buys…

StockNews.com

Up 30% YTD, Is Valero Energy Stock Overvalued?

Ethanol producer and petroleum refiner VLO has outperformed the broader energy sector by a wide margin this year. Is Valero overpriced, or should investors still consider scooping up this dividend energy stock?

Barchart

With MCC in effect, petroleum dealers want system for daily large cash remittances

Petroleum dealers in Chennai request Election Commission to prevent seizure of cash during elections to avoid fuel shortages.

The Hindu

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Petrol, diesel price cut by ₹2: Petroleum Minister

Petrol and diesel prices cut by ₹2 in New Delhi, boosting consumer spending and reducing operating costs.

The Hindu

Ankita Raina, Ramkumar Ramanathan emerge Petroleum champions

Ankita Raina and Ramkumar Ramanathan win 42nd PSPB inter-unit tennis tournament, with Ramkumar and Ankita emerging as champions.

The Hindu

US Bill Blocks China From Buying Oil From Strategic Reserve

US restricts China from accessing its Strategic Petroleum Reserve, impacting global oil trade dynamics.

Top News

Occidental Petroleum's Profit Surpasses Estimates with Increased Production

Discover how Occidental Petroleum exceeded profit expectations by increasing production, highlighting their ongoing success in the oil and gas industry.

StockNews.com

OXY Earnings Spotlight: Actionable Insights and Gameplan

With expectations of an oil supply shortage and a multi-billion-dollar acquisition on the cards, does energy giant Occidental Petroleum (OXY) deserve a place in your portfolio prior to its fourth-quarter earnings release? Let’s look at its financial metrics to know more….

StockNews.com

Unlock 2024 Success With These 3 Energy Stocks

Geopolitical tensions and economic uncertainties present considerable potential to drive oil prices higher. Therefore, one could capitalize on this by investing in robust energy stocks HF Sinclair (DINO), CVR Energy (CVI), and REX American Resources (REX) for solid returns. Read on.

StockNews.com

3 Energy Stocks Wall Street Loves

As geopolitical tensions escalate and demand surges alongside production slowdowns, oil prices are reaching boiling point. In this volatile environment, loading up the shares of three energy companies favored by Wall Street, Marathon Petroleum Corp (MPC), Weatherford International (WFRD), and Geospace Technologies (GEOS), might be a wise move. Read more….

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Reason

Remy: All Oil Everything (Trinidad James Parody)

Petroleum bye products.

The Guardian - UK

Scores of UK households left without heating after LPG delivery delays

People in remote homes who rely on liquid petroleum gas report being left without fuel in freezing conditions

StockNews.com

This Week's Top 3 Energy Stock Gainers

Fueled by solid demand forecasts and elevated geopolitical tensions in the Middle East, the prevailing energy sector’s landscape appears promising. In such a scenario, it might be an opportune time to scoop up the shares of three top-notch energy companies, ChampionX Corp (CHX), CVR Energy (CVI), and Precision Drilling Corp…

Investors Business Daily

Warren Buffett Doubles Down On Big Oil Amid Tech-Crazed Market; BP Surprises With Earnings

Warren Buffett added to his Occidental Petroleum holdings.

Newcastle Herald

State government introduces bill to kill-off PEP11 offshore gas project

State government bill will prohibit offshore petroleum drilling projects in NSW.

The Hindu

IIPE in Visakhapatnam launches a pilot project to produce green hydrogen using NTPC’s desalinated water

Indian Institute of Petroleum & Energy (IIPE) in Visakhapatnam launches pilot project to produce green hydrogen, aiming for net zero carbon emissions by 2070.

WEKU

A fire set off by a gas explosion in Kenya kills at least 3 people and injures 280

Liquid petroleum gas cylinders exploded in an illegal depot in a residential area of the Kenyan capital, officials said Friday, setting off the inferno. The death toll was expected to rise.

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