Marathon Petroleum Corporation MPC is set to release fourth-quarter earnings on Feb. 4. The Zacks Consensus Estimate for the to-be-reported quarter's profit is pegged at 37 cents per share on revenues of $30.
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week
As CEO Visits AMJON The Executive Chairman and Chief Executive Officer, Vindi Petroleum, Victor Kalu, has called for support of the media, saying it was only way the government could be collectively supported.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right now, it has more than half of that. The reserve, which former President Gerald Ford established in 1975, is spread across four sites in Texas and Louisiana.
A small aircraft carrying oil workers in South Sudan's Unity State crashed on takeoff from its oilfield airport on Wednesday, killing 20 people, the region's information minister said.
The program, Project CAR, works with local garages in Minnesota to repair damaged exhaust systems at no cost to vehicle owners.
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."
Rescue officials say a truck carrying liquified petroleum gas caught fire and exploded overnight in central Pakistan, killing five people and injuring more than two dozen others
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.
A controversial offshore petroleum licence has been cancelled by the government for public interest reasons, after being fought in courts for a surprising reason. Petroleum Exploration Permit 11 (PEP11) covers more than 4500 square km off the NSW coast ...
Utilising the Geographic Information System (GIS) technology, the app enables users to pinpoint legal petrol pumps and outlets across the country, marking a significant step in the digitisation of Pakistan's oil supply chain.