petroleum

HOUSTON -Marathon Petroleum Chief Executive Michael Hennigan said on Thursday he will continue leading the largest U.S. crude oil refiner while he undergoes treatment for throat cancer, according to a …

WASHINGTON – U.S. import prices accelerated by the most in 11 years in March as Russia’s war against Ukraine boosted petroleum prices, another sign that high inflation could persist for …

Breon Peace, United States Attorney for the Eastern District of New York and Lisa Garcia, Regional Administrator of the U.S. Environmental Protection Agency (EPA) Region 2, announced that the United …

By Jonathan Stempel – Occidental Petroleum Corp shares rose on Thursday after Warren Buffett’s Berkshire Hathaway Inc said it spent nearly $1 billion on additional shares in the oil company, …

By Mayela Armas CARACAS – Venezuela’s oil output could rise by at least 400,000 barrels per day (bpd) if the United States authorizes requests by state-run PDVSA’s partners to trade …

A group of 10 bicameral Democrats urged President Joe Biden to tap further into the Strategic Petroleum Reserve (SPR) amid the ongoing crisis in Ukraine. The Democrats, led by Senate …

HANOI – Vietnam will import an additional 2.4 million cubic metres of petroleum products in the second quarter to compensate for a fall in domestic output, the industry and trade …

– U.S. shale producer Occidental Petroleum Corp on Thursday reported a fourth-quarter profit compared with a year-ago loss, as a recovery in demand has driven crude prices to multi-year highs …

– Pandemic restrictions in 2020 reduced the European Union’s oil and petroleum consumption in energy use to its lowest in 30 years, the bloc’s statistics office said on Friday. Eurostat …