The Latest Breaking News from Petroleum

It’s a slightly quieter week on the earnings front but we still have a few key names reporting. These include Disney, PayPal, Airbnb, Duke Energy, Occidental Petroleum and Palantir.

India’s goods trade numbers for February and March 2023 have been revised by over $10 billion from initial estimates, and the overall export-import figures for last year have been scaled down by around $3 billion dollars each.

PTT Exploration and Production (PTTEP) expects its oil and gas sales in 2023 to tally 456 kilo-barrels of oil equivalent per day (KBOED), down from a target of 470 KBOED, because of various factors including a production decrease at some petroleum sites.

The State government has arrived at an in-principle understanding with the Bharat Petroleum Corporation Limited (BPCL) to set up a plant in Kochi to produce compressed biogas through waste processing.

NEW DELHI: Petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders by Rs 171.50 with immediate effect, according to sources on Monday.

Since 2010, a by-product from a Darwin LNG plant has been Australia's only helium source. But with the feedstock for the gas plant due to run out in the coming months, we're about to begin importing it all.

The road transport and highways sector has the maximum number of delayed projects followed by railways and petroleum industry

Over two months after a journalist was murdered allegedly over a report linked to the project, a proposed petroleum refinery project in Maharashtra’s Ratnagiri and the agitation against it is again in the news.

The International Energy Agency (IEA) should be "very careful" about discouraging investment in the oil industry, which was vital for global economic growth, announced OPEC Secretary General Haitham al-Ghais. Ghais warned that such statements could lead to oil market volatility in the future. He said that the Organization of the…