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Petroleum

4295 posts
PPetroleum
Hibiscus Petroleum raises estimate of 2P oil reserves at UK's Teal West field
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Hibiscus Petroleum raises estimate of 2P oil reserves at UK’s Teal West field

  • 2026-01-07
KUALA LUMPUR: Hibiscus Petroleum Bhd has raised its estimate of proved and probable (2P) oil reserves at its…
PPetroleum
Venezuela cuts oil output amid mounting sanctions
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Venezuela cuts oil output amid mounting sanctions

  • 2026-01-07
Venezuela’s state-run oil company, Petróleos de Venezuela S.A. (PDVSA), has begun reducing crude output as U.S. sanctions and…
PPetroleum
Oil majors cautiously recalibrate energy transition
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Oil majors cautiously recalibrate energy transition

  • 2026-01-07
Global oil and gas companies are recalibrating their energy transition strategies in 2026 as persistent market volatility, policy…
PPetroleum
Chevron helps lift Dow to record as oil market weighs Venezuela shake-up | National
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Chevron helps lift Dow to record as oil market weighs Venezuela shake-up | National

  • 2026-01-07
Oil prices finished higher Monday on a heady day for global equities after the US capture of Venezuela’s…
PPetroleum
Petroleum Marketing Group Acquires Nine Blythewood Oil Co. Stores
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Petroleum Marketing Group Acquires Nine Blythewood Oil Co. Stores

  • 2026-01-06
Blythewood Oil Co., a second-generation company founded in 1976 by Larry Sharpe Sr., has inked a deal to…
PPetroleum
Pryor Cashman Represents Emigrant Bank in $25 Million Loan Transaction
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Empire Petroleum Extends Revolver Credit Facility to 2028

  • 2026-01-06
Empire Petroleum Extends Revolving Credit Facility to 2028 Credit Facility Extension Supports Long-Term Strategy Tulsa-based Empire Petroleum Corporation…
PPetroleum
Trump claims US oil firms could be 'up and running' in Venezuela within 18 months
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Trump claims US oil firms could be ‘up and running’ in Venezuela within 18 months

  • 2026-01-06
Getty Images President Donald Trump says the US oil industry could be “up and running” with increased operations…
PPetroleum
₹34.71 cr. revenue from petroleum loading at IOCL Pakni siding
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₹34.71 cr. revenue from petroleum loading at IOCL Pakni siding

  • 2026-01-06
The petroleum, oil and lubricants loading facility at the Pakni siding in Maharashtra. | Photo Credit: SPECIAL ARRANGEMENT…
PPetroleum
A company logo for Marathon Petroleum by Jonathan Weiss via Shutterstock
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What to Expect From Marathon Petroleum’s Q4 2025 Earnings Report

  • 2026-01-06
Valued at a market cap of $49.6 billion, Marathon Petroleum Corporation (MPC) is an integrated downstream energy company based…
PPetroleum
Egypt to export gas, petroleum products to Syria
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Egypt to export gas, petroleum products to Syria

  • 2026-01-06
Egypt will export natural gas and petroleum products to Syria under two memoranda of understanding (MoU) signed by…
PPetroleum
Egypt, Syria Ink MoUs for Gas, Petroelum Cooperation
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Egypt, Syria Ink MoUs for Gas, Petroelum Cooperation

  • 2026-01-06
Minister of Petroleum and Mineral Resources Karim Badawi and Syrian Deputy Minister of Energy for Oil Affairs Ghiath…
PPetroleum
KazMunayGas boosts light petroleum products output in 2025
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KazMunayGas boosts light petroleum products output in 2025

  • 2026-01-06
Kazakhstan Materials 6 January 2026 09:21 (UTC +04:00) Photo: KazMunayGas KazMunayGas (KMG) domestic refineries produced 13.6…
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