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.

Indian Oil Corp (IOC) , the country's top refiner, reported a smaller-than-expected third-quarter profit on Monday, hurt by lower marketing margins and losses in its liquefied petroleum gas (LPG) segment.

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

Occidental Petroleum (OXY) is expected to raise its dividend next month, with earnings results on Feb. 19. Based on its average yield over the last two years, an 8% dividend hike could push OXY stock up by over 22%.

Leste's government passed a 2025 budget that accelerates the country’s rush towards a fiscal cliff instead of mitigating it. The economy relies heavily on an unsustainable withdrawal rate from the Petroleum Fund which is on track for depletion.

Gas prices in South Carolina have risen for the second week in a row, with prices now averaging$2.83 per gallon, according toGasBuddy's survey of 3,028 statio

When you’re the largest producer of petroleum in the world and you increase your production, prices might drop along with profits. That's bad for investors.

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,

This would involve the movement of millions of Lubricant SKUs across the country, with the help of Delhivery’s robust Part Truck Load (PTL) logistics infrastructure.

The company is looking for candidates with previous sales and marketing experience in shipping or oil and gas.

Hindustan Petroleum Corporation (HPCL) has partnered with Delhivery to manage nationwide distribution of HPCL's branded lubricants, known as HP Lubricants, to its various stakeholders.

2024 was a bummer year for Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was ...