The agreement sets wage standards that could apply to 30,000 oil workers across the country.

Occidental's outlook brightened last month.

Empire Petroleum's strong past returns mask its extreme reliance on oil prices, with 2022 as the only profitable year in recent history. The company lacks diversification and has consistently posted ...

A century ago, petroleum—what we call oil—was just an obscure commodity; today it is almost as vital to human existence as ...

Duke Energy Corporation (NYSE:DUK) is one of the best oil and gas stocks to buy right now. On January 30, BTIG reduced its ...

The EIA sees U.S. petroleum and other liquid fuels production averaging 23.88 million barrels per day in 2026.

What happened: In his opening remarks at the Kuwait Oil and Gas Show, Kuwaiti Prime Minister Sheikh Ahmad Abdullah al-Ahmad al-Sabah said that state firm Kuwait Petroleum Corporation will turn to ...

KUWAIT CITY, Feb 1: Kuwait Petroleum Corporation (KPC) intends to coordinate with foreign companies in the oil sector for ...

Empire Petroleum Corporation (NYSE American: EP) ("Empire" or the "Company"), an oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, announced ...

Occidental Petroleum Corp (NYSE:OXY) shares are trading lower as oil prices fall Tuesday amid Iran-Israel ceasefire efforts. The Details: According to Axios, Iran and Israel have agreed to a ceasefire ...

Empire Petroleum remains unattractive due to persistently high operating costs and a long history of unprofitability, even when oil prices were favorable. Recent earnings showed continued losses, with ...

President Trump campaigned on a “Drill, baby, drill” policy, promising to bring down fuel and energy prices. This policy has been coming to fruition in the oil sector. While the oil and energy sector ...