The Latest Breaking News from Petroleum

“Hardeep Singh Puri, the Minister of Petroleum and Natural Gas and Housing and Urban Affairs, will be visiting Kuwait as the prime minister’s special envoy.”

More than 20,000 people residing on the banks of the Buckingham Canal in North Chennai’s Ennore have been severely affected by the massive oil spill from the Chennai Petroleum Corporation Ltd refinery. Now, they prepare to face far-reaching consequences to their health as well as ecosystems, on which they depend…

Amid heightened demand for oil and gas, the energy sector is on the brink of substantial expansion. Moreover, Wall Street analysts expressed optimistic views triggered by constrained supply. Given this backdrop, quality energy stocks Marathon Petroleum Corporation (MPC), ChampionX Corporation (CHX), and Liberty Energy (LBRT) could be solid buys for…

Purchase is latest in series of big takeovers in oil and gas industry and will give Occidental more than 94,000 net acres in Texas

With solid oil and gas demand, coupled with limited supplies, there is a likelihood of oil price surges. Given this backdrop, it could be an opportune time for investors to add quality energy stocks like Marathon Petroleum Corporation (MPC), Par Pacific Holdings (PARR), and Graham Corporation (GHM) to the portfolio.…

Eastern cooking is hot, few items eaten raw. Fuel used to be dry twigs, dung cakes, biogas, petroleum gas. Rising prices, afforestation, solar cookers used for boiling, not roasting/frying. Urban homes prefer hot meals, solar cookers not suitable for night/evening cooking.

January WTI crude oil (CLF24 ) on Friday closed up +1.86 (+2.68%), and Jan RBOB gasoline (RBF24 ) closed up +0.0498 (+2.49%). Crude oil prices Friday rebounded from Thursday's 5-1/4 month low and posted moderate gains. Crude rallied Friday after better-than-expected U.S. economic reports on Nov payrolls and Dec consumer...

January WTI crude oil (CLF24 ) this morning is up +1.58 (+2.31%), and Jan RBOB gasoline (RBF24 ) is up +0.0450 (+2.25%). Crude oil and gasoline prices this morning are moderately higher. Energy prices are climbing today after better-than-expected U.S. economic reports on Nov payrolls and Dec consumer sentiment reduced...

Oil cos in Chennai release 1.24L cooking gas connections under PMUY; target of 1.6L set. Migrant labourers incl. in approved list; get free gas stove, regulator, tube. 37.04L beneficiaries enrolled in State since 2016; 10.35cr throughout country. Eligible women from 10 categories incl. SC, ST, MBC, AAY, SECC, PMAY. Union…