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The Latest Breaking News from Petroleum

The Oil Industry’s $7.4B Problem—And One Man’s Mission to Fix It

At 10 years old, Abdul-Latif Benson Lamidi walked 5 km to school—barefoot. His classroom? An open space under a tree. Books? Scarce. Clean drinking water? A luxury. Yet, today, Abdul-Latif Benson Lamidi is a reservoir engineer reshaping the global energy industry. With two PhDs, over 20 research papers, and innovations…

inkl · Feb 11, 2025

Occidental Petroleum Stock: Analyst Estimates & Ratings

Occidental Petroleum has notably underperformed the broader market over the past year and analysts remain cautious about the stock’s prospects.

Barchart · Feb 4, 2025

Trump has brought much-needed attention to a site of great tragedy: the Gulf of Mexico

Environmental disasters have plagued the water body for decades. Now the region is thrust in the global spotlight

The Guardian - US · Feb 3, 2025

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Guardian investigation fuels class-action lawsuit against petro giant

Marathon Petroleum said a massive fire at its Louisiana refinery caused ‘no offsite impacts’. Reporting by the Guardian and Forensic Architecture raised doubts about this claim

The Guardian - US · Jan 27, 2025

At least 6 killed in gas tanker explosion in Pakistan’s Multan

Truck carrying liquified petroleum gas explodes in central Pakistan, killing 6 people

The Independent UK · Jan 27, 2025

Occidental Petroleum May Hike Its Dividend Next Month - OXY Stock Could Rise 22%

Occidental Petroleum is expected to raise its dividend next month, with its earnings results on Feb. 19. Based on its average yield over the last two years, OXY stock could rise over 22% with just an 8% dividend hike.

Barchart · Jan 24, 2025

Are Crude Oil Prices Too High?

Crude oil prices have been making higher lows and higher highs since mid-September. As the price approaches the $80 per barrel level, the world’s leading energy commodity could be near a level where it runs out of upside steam.

Barchart · Jan 24, 2025

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Should You Buy the Oil Dip? Top Energy Stocks to Hold Now

As the price of oil has dipped recently, investors are left wondering whether there are any value opportunities in the space. It turns out there are three.

MarketBeat · Jan 24, 2025

What to Expect From Occidental Petroleum's Next Quarterly Earnings Report

Occidental Petroleum will release its fourth-quarter earnings next month, and analysts anticipate a double-digit profit dip.

Barchart · Jan 22, 2025

Trump’s plan for a strategic bitcoin reserve could trigger a crypto ‘arms race’ and reshape the global economic order

Cryptocurrencies promise to be central to Donald Trump’s economic policies in his second term as US president. Arguably his most controversial proposal is the creation of a strategic bitcoin reserve (SBR). This would involve the US buying up large amounts of the cryptocurrency over the coming years to hold as…

The Conversation · Jan 14, 2025

Marathon Petroleum’s Q4 2024 Earnings: What to Expect

Marathon Petroleum is set to unveil its fourth-quarter earnings in the upcoming month, due to the narrowing market crack spreads analysts expect a massive drop in earnings.

Barchart · Jan 13, 2025

How the climate crisis fuels devastating wildfires: ‘We have tweaked nature and pissed it off’

John Vaillant, the author of Fire Weather, explains why fires such as those in Los Angeles are different from those before

The Guardian - US · Jan 11, 2025

This Penny Oil Stock Keeps Tearing Higher. Is It a Buy, Sell, or Hold for 2025?

Rallying 72% in the new year to date, can this penny oil stock sustain its momentum?

Barchart · Jan 10, 2025

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 · Jan 7, 2025

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Evening Standard · Jan 3, 2025

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.

Barchart · Dec 28, 2024

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

MarketBeat · Dec 28, 2024

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 · Dec 18, 2024

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.

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MarketBeat · Dec 16, 2024

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.

The Independent UK · Dec 13, 2024

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

MarketBeat · Dec 12, 2024

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

Barchart · Dec 12, 2024

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 · Dec 11, 2024

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.

Benzinga · Dec 9, 2024

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 · Dec 4, 2024

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

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