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Petroleum

EIA Petroleum Weekly Report Analysis (Video)

Seeking Alpha - ‎1 hour ago‎
Some impressive internals for this report are blunted because of OPEC supply finding its way to the United States. The drop in US Oil Production was noteworthy in this report.
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Harbor Petroleum Downsizes

Convenience Store Decisions - ‎13 hours ago‎
John Baker started Harbor Petroleum in 1981 with one station in Naugatuck, Conn. and grew the business to its current level over a 35 year period.
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Trump to Deliver Keynote Address at Annual Williston Basin Petroleum Conference in Bismarck

KFGO - ‎17 hours ago‎
Bismarck, N.D. - Presidential candidate Donald Trump will deliver the closing keynote address at the 24th Annual Williston Basin Petroleum Conference on Thursday, May 26 at the Bismarck Event Center. Petroleum Council President Ron Ness says North ...

Laredo Petroleum reports 1Q loss

Money Morning - ‎11 hours ago‎
(AP) _ Laredo Petroleum Inc. (LPI) on Wednesday reported a loss of $180.4 million in its first quarter. The Tulsa, Oklahoma-based company said it had a loss of 85 cents per share.
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Arthur I. Cyr: Petroleum power is shifting our way

Canton Repository - ‎16 hours ago‎
In mid-April, governments of major oil producing nations failed to achieve agreement on cutting back their production. Representatives of the Organization of Petroleum Exporting Countries (OPEC) met in Doha, Qatar to negotiate collective production goals.
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Petroleum Minister lauds Goil's strategic role in oil downstream sector

Myjoyonline.com - ‎9 hours ago‎
Ghana Oil Company limited, GOIL, has launched its Rights Issue with a commendation from the Petroleum Minister, Emmanuel Armah Kofi Buah for its strategic role in the oil industry.
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Oil Companies Ultra Petroleum, Midstates File for Bankruptcy

Wall Street Journal - ‎May 2, 2016‎
Two more publicly traded oil and natural gas companies, with combined debts of more than $5.8 billion, filed for chapter 11 bankruptcy protection in Texas as the industry continues to suffer amid stubbornly low prices.
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Source of mysterious petroleum spill in Grand River near Kitchener still unknown

Globalnews.ca - ‎18 hours ago‎
KITCHENER, Ont. - The City of Kitchener continues its efforts to identify and clean up the spill of a “petroleum-like substance” into the Grand River last week.

FIRE: Petroleum supply students learn what to do when fuels are aflame

Fort Lee Traveller - ‎4 hours ago‎
Advanced individual training Soldiers assigned to Uniform Company, 262nd Quartermaster Battalion, led by Staff Sgt. Christopher Shanks (left) steady a twin agent unit toward the fire pit during training for the QM School's Petroleum Supply Specialist ...

BRIEF-Laredo Petroleum Q1 adjusted EPS $0.08

Reuters - ‎9 hours ago‎
May 4 Laredo Petroleum Inc : * Quarter financial and operating results. * Q1 adjusted earnings per share $0.08. * Q1 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.

OTC '16: Egypt's petroleum minister touts country's upstream assets

WorldOil (subscription) - ‎16 hours ago‎
HOUSTON -- In an obvious attempt to jump-start E&P activity to a higher level, Egyptian Minister of Petroleum & Mineral Resources Tarek El Molla recited a laundry list of reasons as to how the E&P investment climate will improve, and why operators ...
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Oil firms hike petroleum prices

Philippine Star - ‎May 2, 2016‎
MANILA, Philippines - At least five oil companies on Monday announced an increase in pump prices effective Tuesday. The five oil firms scheduled to adjust gasoline and diesel prices are Flying V, Eastern Petroleum, Phoenix Petroleum, Shell, and Seaoil.
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'Significant quantity' of petroleum spills into Grand in Kitchener

Waterloo Record - ‎Apr 30, 2016‎
KITCHENER - A complicated cleanup effort is underway after a significant spill of petroleum into the Grand River Friday in Kitchener.

Oil - American Petroleum Institute (API) data - Inventory build 1.3mln barrels

ForexLive - ‎May 3, 2016‎
All the biggest trading floors in the world have screens locked on ForexLive™. We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders.
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Lundin Petroleum acquires an additional 15% interest in Edvard Grieg field offshore Norway

WorldOil (subscription) - ‎May 3, 2016‎
STOCKHOLM -- Lundin Petroleum AB has announced that Lundin Petroleum and its wholly-owned subsidiary Lundin Norway AS have entered into agreements with Statoil ASA and its wholly-owned subsidiary Statoil Petroleum AS, under which Lundin ...

'Petroleum justice' tops demands for Najib from PKR candidates

Malaysiakini (subscription) - ‎May 3, 2016‎
"The 1974 tripartite Petroleum Agreement between the state government, federal government and Petronas has to be rescinded as it does not serve the best interest of Sarawak and the people of Sarawak.
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Whiting Petroleum (WLL) Stock Tumbling as Oil Prices Slip

TheStreet.com - ‎May 2, 2016‎
Separately, TheStreet Ratings has set a "sell" rating and a score of on Whiting Petroleum stock. This is driven by a number of negative factors, which TheStreet Ratings believes should have a greater impact than any strengths, and could make it more ...

Marathon Petroleum Corp. (MPC) Falls 4.66% for May 04

Equities.com - ‎7 hours ago‎
One of the S&P 500's big losers for Wednesday May 04 was Marathon Petroleum Corp. (MPC). The company's stock fell 4.66% to $36.22 on volume of 5.66 million shares.

Evolution Petroleum reports 3Q loss

Money Morning - ‎9 hours ago‎
HOUSTON (AP) _ Evolution Petroleum Corp. (EPM) on Wednesday reported a fiscal third-quarter loss of $130,000, after reporting a profit in the same period a year earlier.
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Penn West Petroleum Ltd.: Avoid For Now

Seeking Alpha - ‎May 3, 2016‎
Penn West Petroleum is trying to manage the downturn by selling non-core assets, slashing operating costs, and reducing net debt.
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