The Latest Breaking News from Petroleum

Hybrids have a long history that goes back to 1901 with Ferdinand Porsche's Loehner-Porsche "Mixte." However, it wasn’t until the 1990s that the technology gained traction, fueled by the launch of the original Prius. Most hybrids have gas engines but some from Mercedes use diesels. Peugeot was the first to introduce…

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

Researcher says ‘fracking is not a major driver of employment in Pennsylvania and Appalachia’

Occidental Petroleum is all set to release its third-quarter earnings next month, and analysts expect a double-digit profit dip.

Marathon Petroleum is poised to announce its third-quarter results next month, and analysts predict a double-digit decline in the company’s bottom-line figure.

Synthetic food colorings, made from petroleum and other chemicals, have been linked to various health issues.

Company says its offshore gas project has got tick of approval.

Warren Buffett has taken a significant stake in Occidental Petroleum (OXY), a dividend-paying energy stock trading at a discount, with attractive valuation metrics and a steady dividend yield. OXY's strategic moves, debt reduction efforts, and expansion in the Permian Basin make it a potentially lucrative investment opportunity.

It's an environmental tragedy with ongoing consequences in Ivory Coast. Back in 2006, the company Trafigura wanted to get rid of 500 cubic metres of toxic waste from the refining of petroleum products stored on its cargo ship Probo Koala. After three countries refused the ship, it finally unloaded its…