India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the company said in a exchange filing on Wednesday.
The latest trading session saw Marathon Petroleum (MPC) ending at $151.61, denoting a -1.75% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day.
Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum products, according to a video provided by Sisi's office.
When you’re the largest producer of petroleum in the world and you increase your production, prices might drop along with profits. That's bad for investors.
In case there was any doubt, President Donald Trump made it clear in his inauguration speech that during his second term "we will drill, baby, drill."
The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil prices and impacting the energy market.
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Petroleum Alliance of Oklahoma President Brook Simmons thinks the energy industry has transitioned from four years of stiff headwinds to a new era of tailwinds.
Houston-based startup Panthers Petroleum acquired 23 gas stations with convenience stores in 2024 and plans to grow to over 50 locations, the retailer told CSP.
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. NORTHAMPTON, MA / ACCESS Newswire / January 21 ...
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Petroleum supply chain digitalised
Utilising the Geographic Information System (GIS) technology, the app enables users to pinpoint legal petrol pumps and outlets across the country, marking a significant step in the digitisation of Pakistan's oil supply chain.
India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the company said in a exchange filing on Wednesday. BPCL's exploration unit, Bharat PetroResources,