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The Latest Breaking News from Petroleum

South Sudan Says Will Resume Oil Production From Jan 8

South Sudan could resume oil production "as early as tomorrow" almost a year after fighting in neighbouring Sudan ruptured a key pipeline, the government said Tuesday.

International Business Times

Fact check: The US is the UK’s biggest foreign oil supplier

The UK does not buy most of its oil from Norway, and arrangements for oil fields which span both countries’ territory are negotiated.

Evening Standard

This Penny Oil Stock Just Tripled. Is It Too Late to Buy?

Trio Petroleum stock soared 300% on plans to acquire Saskatchewan oil assets. Learn about this penny stock’s bold expansion into Canada’s heavy oil region, its 91.5M barrel potential, and what it means for investors

Barchart

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Buffett Takes the Bait; Berkshire Buys More Oxy in December

Occidental Petroleum's rapidly improving financial condition drives Berkshire Hathaway, which continues to increase its common stock investment.

MarketBeat

Why Now Is the Ultimate Time to Invest in Oil Stocks

As value stocks underperform growth stocks the most over a multi-year period, oil stocks might become a potential buy in the coming months.

MarketBeat

3 Companies Leading the Way With Aggressive Stock Buybacks

Stock buyback announcements are rolling out for a certain group of stocks to give investors new reasons to expect more upside potential.

MarketBeat

Canadian official threatens to cut off US energy supply over Trump tariff threats

America imported more petroleum from Canada than anywhere last year. Now Trump is gearing up to impose a 25 percent tariffs on Canadian imports

The Independent UK

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3 Top Stocks Set to Surge as Morgan Stanley Eyes Dollar Weakness

As Morgan Stanley analysts say to sell the dollar, a few stocks might outperform if their view is right. Domestic manufacturing and overseas stocks agree

MarketBeat

How Is Occidental Petroleum's Stock Performance Compared to Other Oil & Gas E&P Stocks?

Occidental Petroleum has underperformed the oil & gas E&P industry over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Marathon Petroleum Stock: Is MPC Underperforming the Energy Sector?

Marathon Petroleum has underperformed the energy sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Demystifying Marathon Petroleum: Insights From 13 Analyst Reviews

In the preceding three months, 13 analysts have released ratings for Marathon Petroleum (NYSE:MPC), presenting a wide array of perspectives from bullish to bearish.

Benzinga

Trio Provides Update On Operational Activities The Co Is Taking To Increase Oil Production And Cash Flow At The McCool Ranch Oilfield In Monterey County, California; Details Plans To Increase Production And Cash Flow

Company Details Plans to Increase Production and Cash FlowBakersfield, CA, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Trio Petroleum Corp (NYSE:TPET) ("Trio" or the "Company"), a California-based oil and gas company, today

Benzinga

8 genius household uses for petroleum jelly you need to know about – from fixing squeaky doors and removing rust, to making painter easier and more

This marvel in a pot has some surprisingly great uses around the home

Homes & Gardens

Malaysian billionaire tycoon Ananda Krishnan dies at age 86

Ananda Krishnan, one of Malaysia’s richest tycoons with a vast business empire including telecommunications, media, petroleum and real estate, has died

The Independent UK

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Benzinga

What the Options Market Tells Us About Occidental Petroleum

Whales with a lot of money to spend have taken a noticeably bullish stance on Occidental Petroleum.

Barchart

Marathon Petroleum Stock: Analyst Estimates & Ratings

Although Marathon Petroleum has lagged behind the broader market over the past year, analysts maintain a moderately positive outlook for the stock's future prospects.

MarketBeat

Traders Are Flocking Back to Oil: What’s Fueling the Optimism

Oil prices have started to break out of their channel in recent quarters, making traders flock back into the momentum. Three ways show up to play this

The Independent UK

Alaska political leaders hope to see Trump undo restrictions on oil drilling

Political leaders in Alaska have welcomed President-elect Donald Trump's pledges to expand oil production

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MarketBeat

Occidental Petroleum Hits New Low: Will Buffett Take the Bait?

Occidental Petroleum's share price hits a new low and maybe the bait this market needs to get re-engaged. Cash flow is robust, and debt is falling.

Motor1

Fiat Is Selling Hybrids that Run on Ethanol

Hybrids have a long history that goes back to 1901 with Ferdinand Porsche's Loehner-Porsche "Mixte." However, it wasn’t until the 1990s that the technology gained traction, fueled by the launch of the original Prius. Most hybrids have gas engines but some from Mercedes use diesels. Peugeot was the first to introduce…

The Guardian - US

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

The Conversation

Four out of five people in Africa use wood for cooking: a transition to clean fuels would cut emissions and save lives, a model for Nigeria shows

Four in every five people in Africa cook using wood, charcoal and other polluting fuels in open fires or inefficient stoves. This releases harmful pollutants and leads to respiratory illnesses and heart disease, particularly among children.

The Texas Tribune

Trump’s promise to unravel Biden's climate policies could take years to fulfill

The president-elect has pledged to weaken air pollution regulations, reverse efforts to slow climate change and continue to boost oil and gas production.

Barchart

Do Wall Street Analysts Like Occidental Petroleum Stock?

While Occidental Petroleum has trailed the broader market over the past year, analysts still hold a moderately bullish outlook on its prospects.

International Business Times

'Drill, Baby, Drill': Trump Policy Poses Risks, Opportunities For Oil Industry

Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.

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