The Latest Breaking News from Petroleum

A federal appeals court panel has refused to vacate the approval of the massive Willow oil project on Alaska’s petroleum-rich North Slope

The UK government will soon face a momentous decision over whether to approve production in the Rosebank oilfield off the coast of Shetland.

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”

Estimated 16,000 litres of petroleum products spilled into Indian ocean on 8 May during decommissioning works at Griffin field

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

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on prices.

House Republicans plan to rescind unspent funds from the 2022 climate law and boost the Strategic Petroleum Reserve in reconciliation.

Occidental Petroleum is overcoming obstacles and effectively reducing costs. The margin is widening, and cash flow sustains a robust outlook for shareholders.

More than 90% of paved roads in the U.S. are made of asphalt, which is constructed with nonrenewable materials such as petroleum. One way to make paving more sustainable is to recycle old pavement. When roads break down and need repaving, transportation agencies can recycle their old pavement into a…