Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts higher than Thursday, it is down 5.2cts from last week and 11cts lower than a month ago.
The Biden administration on Thursday rolled out last-minute plans to add protections for more than 3 million acres of the National Petroleum Reserve-Alaska for subsistence resources. A portion of the areas chosen for additional protections is close to Nuiqsut,
President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules
Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable on Wednesday, Jan. 15. That is in line with the prior payout. This is Warren Buffett's favorite energy stock,
NORTHAMPTON, MA / ACCESS Newswire / January 16, 2025 / Key Points The Bluestone natural gas plant has become the only facility in the U.S. natural gas processing sector ever to achieve the EPA's ENERGY STAR Challenge
A controversial offshore petroleum exploration licence has been cancelled by the federal government, citing reasons of public interest.
Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.
South Sudan’s government called for the Dar Petroleum Operating Co. to begin resuming oil output on Wednesday, days after neighboring Sudan — through which crude flows to the coast — reopened the route for exports.
Crude oil imports during the nine-month period grew by 3.2%, with December showing a marginal 1.0% increase year-on-year.
President John Mahama has appointed Edward Bawa as the Acting Chief Executive Officer for the Ghana National Petroleum Corporation pending further consultations
The Nigerian National Petroleum Company Limited, NNPC Ltd, has extended its heartfelt condolences to the victims of the tragic petrol tanker explosion