The Latest Breaking News from Petroleum

US energy giant ConocoPhillips announced Wednesday that it is acquiring competitor Marathon Oil for $22.5 billion in the latest big petroleum merger consummated in spite of rising concerns about climate change.

From chocolate to toothpaste, many surprising household products and everyday items are made from petroleum.

Occidental Petroleum has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.

The dunes sagebrush lizard lives in the same West Texas land that supports the state’s biggest oil and gas fields, and industry leaders say the new designation will hurt drilling and production.

Mangalapuram on the outskirts of the State capital faced tense moments when a tanker carrying liquefied petroleum gas (LPG) overturned on Sunday, prompting the authorities to sound an alert and redirect traffic from the National Highway (NH) 66 for several hours.

When the Shell petroleum company announced in 2021 that it wanted to explore for fossil fuels off South Africa’s pristine Wild Coast, Indigenous communities in the area immediately fought back through the country’s courts.

Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental Petroleum

Villagers from Panangudi, Narimanan, and Gopurajapuram in Nagapattinam district have ended their 11-day hunger strike demanding due compensation from the Chennai Petroleum Corporation Ltd. (CPCL) for those affected by land acquisition for the company’s expansion project have ended their stir

Citgo Petroleum reports 0 million profit in Q1, showcasing strong performance and resilience in energy sector.

Chennai Petroleum Corporation Ltd (CPCL) Refinery achieves record crude throughput and product production in 2023-24.

Occidental Petroleum reported earnings and revenue declines in the first quarter.