The Latest Breaking News from Petroleum

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

Four in every five people in Africa cook using wood, charcoal and other polluting fuels in open fires or inefficient stoves. This releases harmful pollutants and leads to respiratory illnesses and heart disease, particularly among children.

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…

The government is trying to replenish the sale of 180 million barrels from the reserve in 2022.