Occidental Petroleum is focused on growing, with the help of Warren Buffett, as it looks to compete with the industry's ...

Ahmad Ibrahim says the state has been producing oil and gas since the discovery of oil in 1910, before Malaysia was formed, ...

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...

In the petroleum industry, a ubiquitous problem is pipeline plugging by waxy oils, especially undersea where temperatures are low enough to crystallize the waxes. By measuring viscosity and stress as ...

A Phillips 66 refinery in Wilmington is slated to close by the end of the year and a Valero facility in Benicia announced ...

Marathon Petroleum Corp beat Wall Street estimates for second-quarter profit on Tuesday, benefiting from a rebound in ...

The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...

Occidental Petroleum ( OXY -1.10%), also known as Oxy, is an energy company specializing in oil and natural gas exploration, ...

Bharat Petroleum Corporation Limited (BPCL) reported a sharp rise in earnings for the April–June 2025 quarter, with consolidated net profit jumping 141% year-on-year to ?6,839 crore (about $820 millio ...

Phoenix Petroleum Philippines Inc. said Wednesday it is close to finalizing a debt restructuring program to improve its ...

Bharat Petroleum Corporation Limited (BPCL) announced a 141% surge in its Q1 consolidated net profit, reaching Rs 6,839 crore ...

The Dangote Refinery has fierce competition that pulls the lever of petrol distribution and depot prices across Nigeria. From ...