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.

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,

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."

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.

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.

Occidental Petroleum Corporation (OXY), headquartered in Houston, Texas, acquires, explores, and develops oil and gas properties. Valued at $48.8 billion by market cap, the company also manufactures and markets a variety of basic chemicals,

Oil losses were significantly lighter than those seen by products, with March West Texas Intermediate crude dipping by 24cts to $75.59/bbl while April WTI moved 23cts lower to $74.85/bbl. March Brent crude pulled back by 18cts to $79.11/bbl while April prices fell 13cts to $78.27/bbl.

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.

U.S. shale producer Occidental Petroleum said the prices received for oil production during the fourth quarter were lower than the preceding three months, as global demand for the commodity weakened.

Petroleum Alliance of Oklahoma President Brook Simmons thinks the energy industry has transitioned from four years of stiff headwinds to a new era of tailwinds.

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.

In recent trading, Trio Petroleum Corp (TPET) stock price has shown some volatility, fluctuating 18.75% over the last five trades and 220.87% over the past 30 trades. This represents a notable shift from earlier in the year.