The Latest Breaking News from Petroleum

Jimmy Maladina has stepped down as Papua New Guinea's petroleum minister as he faces domestic violence charges in Australia.

Congress forced the government to sell gasoline from the Strategic Petroleum Reserve, an obligation the Biden administration is now bragging about fulfilling.

Riding the wave of industry tailwinds, these two dividend-paying energy stocks have captured the attention of deep-pocketed investors.

Occidental Petroleum has recently underperformed the Dow Jones, and Wall Street analysts anticipate a moderate upside for the stock.

While Marathon Petroleum has outperformed the Nasdaq Composite over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

A federal appellate panel says a Michigan state judge will have to decide whether to shut down a portion of an aging petroleum pipeline running beneath the Straits of Mackinac

Given Warren Buffett’s rising interest in lithium, investors might want to follow his lead and consider this dividend-paying energy stock.

Away from the Microsoft and Googles of the world, a century-old industry -- oil and gas -- is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.

"When people say, 'Oh no, it’s so low,' well, what is it there for? It’s there to help us out."

The sale of the South African Petroleum Refinery (Sapref), jointly owned by multinational energy companies BP and Shell, to the state-owned Central Energy Fund for R1 (five US cents) raises questions about whether the company is evading its social and environmental liabilities.