The Latest Breaking News from Petroleum

Patrick De Haan, head of petroleum analysis at GasBuddy, told The Independent that if Canada’s oil production shutdown continues, “it could be a bit more problematic to [U.S.] refineries and it could be more impactful.”

Estimated 16,000 litres of petroleum products spilled into Indian ocean on 8 May during decommissioning works at Griffin field

More than 90% of paved roads in the U.S. are made of asphalt, which is constructed with nonrenewable materials such as petroleum. One way to make paving more sustainable is to recycle old pavement. When roads break down and need repaving, transportation agencies can recycle their old pavement into a…

A favorite of the Oracle of Omaha in recent years, murmurs are getting stronger of a buyout of the company by the legendary investor.

In the state with the fourth-largest proven reserves of oil and gas in the U.S., there is a looming energy shortage.

Marathon Petroleum is expected to release its fiscal first-quarter earnings next month, and analysts project a triple-digit earnings fall.

Occidental Petroleum is gearing up to announce its Q1 results in the upcoming month, and analysts expect a solid double-digit growth in earnings.

Occidental Petroleum's largest business segment is its onshore oil & gas production with nearly 2.7 million acres in the Permian Basin, here's what's coming.

The U.S. Supreme Court in March 2025 ended a decade-old lawsuit filed by a group of children who sought to hold the federal government responsible for some of the consequences of climate change. But just two months earlier, the justices allowed a similar suit from the city and county of…