India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the company said in a exchange filing on Wednesday. BPCL's exploration unit, Bharat PetroResources,
Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum products, according to a video provided by Sisi's office.
In case there was any doubt, President Donald Trump made it clear in his inauguration speech that during his second term "we will drill, baby, drill."
The more active Nymex March RBOB contract was up by about 2cts at $2.0890/gal and the front-month February RBOB contract was 1.5cts lower at $2.0565/bbl. The March ULSD contract was off by 1.95cts at $2.4080/gal and February ULSD fell 3.35cts to $2.451/gal.
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Southeastern c-store and travel center operator LV Petroleum has acquired two travel centers from Wilmoth Oil Company, according to an announcement from M&A advisor Downstream Energy Group.
The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil prices and impacting the energy market.
The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
Bharat Petroleum Corporation Ltd shares dipped as low as 1.4 percent during early trade, on Thursday, January 23, in line with its ongoing earnings conference call. Bharat Petroleum Corporation Ltd shares are currently trading at Rs 273.
The General Transport, Petroleum and Chemical Workers Union (GTPCWU) of the Trades Union Congress (TUC) has called on the government to constitute an independent non-partisan committee to investigate
Revenue decreased by 1.87% YoY & profit increased by 19.63% YoY, profit at ₹3805.94 crore and revenue at ₹127550.57 crore.