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
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 Wednesday, killing 20 people, an official said.
The program, Project CAR, works with local garages in Minnesota to repair damaged exhaust systems at no cost to vehicle owners.
LONDON - Wildcat Petroleum Plc (LSE:WCAT), focusing on the upstream petroleum industry, has granted 255 million warrants for new ordinary shares to its directors and a consultant. These warrants, issued on January 29,
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
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."
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing crude
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.
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. NORTHAMPTON, MA / ACCESS Newswire / January 21 ...