The Latest Breaking News from Petroleum

It's aimed at limiting the invasion's effect on energy prices and preventing Russian profits from oil exports.

Finance ministers of the G7 group of leading democracies have agreed a global price cap on Russian oil and petroleum products.

Orsted is working with owners Alpha Petroleum Resources Ltd and Energean UK on Wenlock proposal 100km off the Humber

Aloha Petroleum’s case against AIG could set precedent as to whether firms are protected against climate damage claims

Industry investment should increase during the next two years, otherwise, the world risks a significant deficit of oil and gas supply by 2025 and beyond, found a report by the King Abdullah Petroleum Studies and Research Center (KAPSARC). It also warned of a high probability of the price of oil…

SAMUT PRAKAN: Five workers were injured, three seriously, by an explosion and fire at a liquefied petroleum gas (LPG) filling plant in Bang Sao Thong district early on Tuesday.

Australia's largest oil and gas company Woodside Energy has quadrupled profits on soaring prices amid a global energy crisis, boosted by assets bought from BHP.

A whale with a lot of money to spend has taken a noticeably bearish stance on Occidental Petroleum. Looking at options history for Occidental Petroleum (NYSE:OXY) we detected 18 strange trades.

Preliminary data on Egypt’s manufacturing and extractive industries production showed that the sector grew by 6.56 percent on a month-on-month basis in June 2022, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The manufacturing and extractive industries index — excluding crude oil and petroleum products — reached…