The Latest Breaking News from Petroleum

Wales set for massive row with Westminster as Liz Truss plans to lift the ban on fracking

Mark Drakeford said fracking plans are a 'contradiction of the climate crisis'

Wales Online · Sep 8, 2022

Saudi Energy Minister: OPEC+ Does Not Target Specific Price Range

Saudi Energy Minister Prince Abdulaziz bin Salman stressed that OPEC+ did not target specific prices or price ranges, but rather sought to support market stability and balance supply and demand for the benefit of the petroleum industry. Prince Abdulaziz, who chairs the ministerial committee in the OPEC+ alliance, told an…

Asharq Al-Awsat · Sep 8, 2022

Looking At Occidental Petroleum's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Occidental Petroleum (NYSE:OXY). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Sep 7, 2022

What Are Whales Doing With Marathon Petroleum

Someone with a lot of money to spend has taken a bearish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Sep 1, 2022

Commercial LPG price reduced by ₹91.5 a cylinder

Simultaneously, the rates of aviation turbine fuel were cut marginally by 0.7%.

The Hindu · Sep 1, 2022

Check Out What Whales Are Doing With OXY

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 11 strange trades.

Benzinga · Aug 31, 2022

Is Devon Oil a Better Energy Play Than Marathon Petroleum?

Elevated oil & gas prices have been helping energy companies thrive, with oil producers' free cash from operations increased significantly this year. Therefore, Marathon Petroleum (MPC) and Devon Energy (DVN) beat the market volatility. But which of these stocks is a better choice for investors? Read more to find out….

StockNews.com · Aug 30, 2022

North Sea gas platform could become designated nesting site to aid offshore wind development

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

Birmingham Post · Aug 30, 2022

US fossil fuel firm sues insurer for refusing to cover climate lawsuit

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

The Guardian - UK · Aug 30, 2022

KAPSARC Warns of Challenges Hindering Investments in Oil, Gas

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…

Asharq Al-Awsat · Aug 30, 2022