ConocoPhillips Alaska can proceed with an oil and gas exploration program in a portion of a vast petroleum reserve in the ...
Empire Petroleum's strong past returns mask its extreme reliance on oil prices, with 2022 as the only profitable year in recent history. The company lacks diversification and has consistently posted ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States decreased by 247,000 barrels ...
Occidental Petroleum (OXY) closed the most recent trading day at $45.42, moving +1.32% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 0.13% for the day.
Empire Petroleum remains unattractive due to persistently high operating costs and a long history of unprofitability, even when oil prices were favorable. Recent earnings showed continued losses, with ...
Occidental Petroleum Corp (NYSE:OXY) shares are trading lower as oil prices fall Tuesday amid Iran-Israel ceasefire efforts. The Details: According to Axios, Iran and Israel have agreed to a ceasefire ...
WASHINGTON >> The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take advantage of ...
On Tuesday, oil prices were up 2% due to ongoing concerns over Russian oil supply. This was due to revelations that Ukraine has increased drone attacks on Russian oil refineries with some effect.
Occidental Petroleum Corp (NYSE:OXY), Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) climbed 1.95%, 1.53% and 1.31% during Monday pre-market trading session after oil prices have skyrocketed ...
The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by President Gerald Ford. It was established in response to the 1973-1974 oil ...
BPCL plans a $780 million Brazilian oil purchase in FY27 as Indian refiners diversify crude imports and gradually reduce reliance on Russian supplies.
Nigeria’s Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company ...