It's not that petroleum is petroleum; it's that petroleum is energy.
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Occidental Petroleum rose 6%, Chesapeake Energy rose 15.7%, Callon Petroleum rose 17.96%, Oasis Petroleum was 29% higher and Whiting Petroleum jumped 49.14%.
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ANADARKO PETROLEUM SHAREHOLDERS OVERWHELMINGLY APPROVE $38B SALE TO OCCIDENTAL PETROLEUM
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Aegean Marine Petroleum Network Inc: * AEGEAN MARINE PETROLEUM NETWORK INC.
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And Occidental Petroleum broke up Chevron's deal for Anadarko Petroleum.
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The agreement was made for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company, Qatar Petroleum said in a statement.
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It is the world's largest petroleum exporter, not the largest petroleum producer.
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The governance bill proposes the creation of three commercial entities - the Nigeria Petroleum Assets Management Company, National Petroleum Company and the Nigeria Petroleum Liability Management Company.
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Hindustan Petroleum Corp and Bharat Petroleum Corp inched 0.6% and 0.27% lower, respectively.
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Earlier this year, Occidental Petroleum made a proposed $38 billion acquisition of Anadarko Petroleum, while Callon Petroleum announced a takeover of Carrizo Oil & Gas Inc in July.
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Kosmos Energy, Anadarko Petroleum Corporation, Ghana National Petroleum Corporation and PetroSA also hold stakes.
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"There is a sufficient supply of petroleum and petroleum products from countries other than Iran to permit a significant reduction in the volume of petroleum and petroleum products purchased from Iran by or through foreign financial institutions," the president wrote in a memo.
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The Egyptian Petroleum Ministry and the Egyptian General Petroleum Corporation (EGPC) had no immediate comment.
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Last night Occidental Petroleum sweetened its offer to trump Chevron's plan to purchase Anadarko Petroleum.
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Here's what is happening: Petroleum: The Environmental Protection Agency (EPA) is delaying new petroleum rules.
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Notable winners include GAIL, Adani, Indian Oil, Bharat Petroleum Corp and Hindustan Petroleum Corp Ltd .
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Bharat Petroleum Corp Ltd rose 1.5 percent, while Hindustan Petroleum Corp Ltd gained 1.8 percent.
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The Sudanese Petroleum Corporation was responsible for importing petroleum to Sudan and distributing it domestically.
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Marathon Petroleum — Marathon Petroleum hiked its quarterly dividend by 15 percent to 53 cents per share.
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He committed $10 billion in April to help Occidental Petroleum Corp buy rival Anardako Petroleum Corp.
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New York (CNN Business)Carl Icahn believes Occidental Petroleum badly overpaid for oil driller Anadarko Petroleum.
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Hindustan Petroleum Corp Ltd was down 2.7 percent while Bharat Petroleum Corp Ltd lost 1.9 percent.
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Oil marketing companies Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd declined over 1.4% each.
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Officials at other state refiners Hindustan Petroleum and Bharat Petroleum Corp confirmed receiving the SBI letter.
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North Dakota drillers Oasis Petroleum and Whiting Petroleum also sit near the top of the list.
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Once operating fully it will produce diesel, naphtha, liquefied petroleum gas, jet fuel and petroleum coke.
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Halliburton, Occidental Petroleum and Marathon Petroleum were among the other winners, all up more than 3%.
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KUWAIT NATIONAL PETROLEUM CO STARTS OPERATING THE PETROLEUM GAS PROCESSING UNIT IN MINA AL-AHMADI REFINERY - KUNA
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Occidental Petroleum (OXY) revealed a $20.5-a-share offer on Wednesday to acquire oil driller Anadarko Petroleum.
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Kosmos, Anadarko Petroleum Corp, Ghana National Petroleum Corp and PetroSA also have stakes in the TEN project.
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Occidental Petroleum — Shares of Occidental Petroleum jumped 4.6% ahead of its earnings release after the bell Monday.
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Petroleum product majors Inpex Corp and Japan Petroleum Exploration Co rose 4.2 percent and 6 percent, respectively.
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State companies - IOC, Hindustan Petroleum Corp and Bharat Petroleum - own about 248% of India's retail fuel outlets.
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Zhejiang Petroleum Trading Co is a joint venture formed by Zhejiang Petroleum, a Zhejiang government-backed firm.
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Zhejiang Petroleum Trading Co is a joint venture formed by Zhejiang Petroleum, a Zhejiang government-backed firm.
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Indian fuel retailing is dominated by state refiners - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp.
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Kosmos Energy, Anadarko Petroleum Corporation, Ghana National Petroleum Corporation and PetroSA also have stakes in the TEN project.
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Abu Dhabi National Tanker Co, Petroleum Services Co and Abu Dhabi Petroleum Ports Operating Co will be combined.
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It is the King Abdullah Petroleum Studies and Research Center, not the King Abdullah Petroleum and Research Center.
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He is chief executive of the Independent Petroleum Association of America, not the Independent Petroleum Producers of America.
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Earlier this week, Berkshire Hathaway committed to help Occidental Petroleum compete in a bidding war for Anadarko Petroleum.
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Both Petronas and the China National Petroleum Corporation have appointees serving in senior management roles in Dar Petroleum.
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The companies involved, British Petroleum and Anadarko Petroleum, didn't know what was going on with these deep wells.
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Wall Street is focused on Chevron and smaller rival Occidental Petroleum Corp's battle to take over Anadarko Petroleum Corp.
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Tullow Oil Plc, Anadarko Petroleum Corp, Ghana National Petroleum Corp and PetroSA also have stakes in the TEN project.
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Woodside Petroleum was down 2859.33 percent, Japan's Inpex lost 0.123 percent and Japan Petroleum was lower by 20.12 percent.
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The fees could also impact petroleum and coal products and chemical, petroleum and merchant wholesalers, according to the rule.
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Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp are among the top oil marketing companies in India.
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Marathon Petroleum – Marathon Petroleum is exploring the sale of its Speedway gasoline station division, according to a Bloomberg report.
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Petroleum and cyber attacks The report alleged North Korea is also illegally importing petroleum -- another violation of UN resolutions.
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DAVID FABER: Becky, Occidental Petroleum has decided to move forward with a public proposal to acquire Anadarko Petroleum, of course.
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It is a platform for spot trading of natural gas, liquefied petroleum gas, petroleum, unconventional gas and other energy products.
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The American Petroleum Institute (API), an industry trade group, will release U.S. weekly petroleum inventory data at 4:30 p.m.
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HOUSTON (Reuters) - Occidental Petroleum Corp plans to quickly complete its $38 billion purchase of Anadarko Petroleum after the latter's Aug.
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Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd declined over 2 percent each after three consecutive sessions of gains.
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The next round will likely include China Petroleum Electric Energy, a new unit of state oil champion China National Petroleum Corp.
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Bharat Petroleum Corp and Hindustan Petroleum Corp will together cut imports by about 10,12.53 bpd to roughly 30,000 bpd, they said.
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Once the refined petroleum arrives at the Hub, it is converted into various petroleum products, and shipped out to other stations.
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Another major product category, petroleum and petroleum products, could also pose problems if the goal is to eliminate all trade deficits.
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Prices for energy and petroleum rose 0.8%, mainly due to higher demand for lubricants and other petroleum refinery products and gasoline.
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Occidental Petroleum (OXY) – Occidental Petroleum announced employee salary cuts of up to 30%, according to an internal memo seen by Reuters.
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Occidental Petroleum (OXY) said it would begin a new round of job cuts, following its $38 billion buyout of Anadarko Petroleum.
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Participants in the listening session included the American Petroleum Institute, the American Gas Association and the Independent Petroleum Association of America.
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Chevron Corp and Occidental Petroleum Corp are currently competing to acquire Anadarko Petroleum Corp , which holds more than 400,000 acres in Colorado.
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Anadarko Petroleum (APC) is preparing to recommend a $76 per share takeover offer from Occidental Petroleum (OXY), according to the Financial Times.
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From November, Washington will target the petroleum sector in Iran, the No. 3 producer in the Organization of the Petroleum Exporting Countries.
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HOUSTON, Aug 1 (Reuters) - Occidental Petroleum Corp plans to quickly complete its $38 billion purchase of Anadarko Petroleum after the latter's Aug.
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It makes sense geopolitically: Moscow needs markets for its oil and petroleum, and Beijing needs the oil and petroleum for its economy.
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The drops in the prices of petroleum are also driving drops in stock market and other asset values, especially petroleum-based assets.
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Chevron Corp and Occidental Petroleum Corp are currently competing to acquire Anadarko Petroleum Corp, which holds more than 400,000 acres in Colorado.
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Anadarko Petroleum Corp, ConocoPhillips, Whiting Petroleum Corp and Hess Corp last week cut a combined $750 million from their total capex plans.
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"The region is still full of promising petroleum prospects that require further work and studies to re-discover the gulf's petroleum reservoirs and those that have not yet been discovered," Egyptian petroleum minister Tarek El Molla said in a statement.
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Tullow is lead operator of the project, in which Kosmos Energy, Anadarko Petroleum Corporation, Ghana National Petroleum Corporation and PetroSA also hold stakes.
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Revenues for the state, which is Brazil's main petroleum oil hub, have been particularly hard hit by a slump in international petroleum prices.
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The state-owned retailers - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp - control most of the fuel retail business in India.
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The country began producing crude petroleum in 2008 after its petroleum refinery was shut down in 2005, according to the U.S. Geological Survey.
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Chevron — Chevron's stock rose about 21.8% after Berkshire Hathaway committed $22.9 billion to Occidental Petroleum shares to complete its acquisition of Anadarko Petroleum.
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Billionaire investor Warren Buffett is getting involved in the high-stakes fight between Chevron and Occidental Petroleum to buy Anadarko Petroleum, CNBC reports.
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Occidental Petroleum – Shares of Occidental Petroleum is down more than 4% after Evercore ISI downgraded the energy producer to in line from outperform.
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The restrictions also cover oil distributor Nyakek and Sons; Greater Pioneer Operating; Juba Petrotech Technical Services; Nigeria's Oranto Petroleum, and Sudd Petroleum Operating.
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Petrolatum: Like mineral oil, petrolatum—also listed as white petrolatum and petroleum jelly—is a petroleum distillate, but has a more viscous consistency.
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Energy plays across Asia were mostly higher, with Santos adding 3.63 percent, Woodside Petroleum up 1.78 percent and Japan Petroleum gaining 2.48 percent.
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Indian Oil Corp Ltd owns 50 percent of the complex, while Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd have the rest.
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The Norwegian Petroleum Directorate estimates that the Barents Sea holds more than half of all undiscovered petroleum resources on the Norwegian continental shelf.
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Since November only state-run Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum and Mangalore Refinery and Petrochemicals have been buying Iranian oil.
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Chaikin began by looking at the daily chart of Cramer-fave Marathon Petroleum, a U.S.-based, petroleum-focused spin-off of Marathon Oil.
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DUBAI (Reuters) - Qatar Petroleum said on Wednesday it had signed a 10-year Liquefied Petroleum Gas (LPG) supply agreement with China's Wanhua Chemicals.
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The kingdom is one of the top producers and exporters of petroleum globally, and owns some 18% of the world's proven petroleum reserves.
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Occidental Petroleum (OXY) sold a variety of assets including the former Anadarko Petroleum headquarters and a former ConocoPhillips campus to Howard Hughes Corp.
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Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd slipped more than 2 percent, while Indian Oil Corp Ltd was down 1.7 percent.
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NSRP produced 4.6 million tonnes of petroleum fuel in 2019, its first year of commercial operation, reducing Vietnam's reliance on foreign petroleum imports.
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For example, Ultra Petroleum Corp and Midstates Petroleum said they would pursue deals this year as a result of pressure from distressed debt funds.
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The Petroleum Directorate estimates that the Barents Sea holds about two thirds of yet to be discovered petroleum resources on the Norwegian continental shelf.
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Berkshire Hathaway has committed a $10 billion preferred stock investment in Occidental Petroleum contingent on the company completing its proposed takeover of Anadarko Petroleum.
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Occidental Petroleum bid $76 a share for Anadarko Petroleum on Wednesday, higher than a previous offer by Chevron for the oil and gas driller.
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Anadarko Petroleum Corp shares jumped 11.4% after Occidental Petroleum Corp sought to scuttle Chevron Corp's takeover of the company with a $57 billion bid.
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Occidental Petroleum – Occidental does not expect to generate enough cash to cover shareholder payments until 2022, according to an SEC filing by Anadarko Petroleum.
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"Ezekiel Lol, the minister of Petroleum has been relieved and replaced by his director general Awow Daniel as new minister of petroleum," Ateny said.
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Tullow is lead operator of the project, while Kosmos Energy, along with Anadarko Petroleum Corporation, Ghana National Petroleum Corporation and PetroSA also hold stakes.
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Liquid petroleum gas for cooking and petroleum coke for power generation are other major markets, each accounting for about 10 percent of final demand.
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Energy plays were mixed, with Santos adding 3.13 percent, Woodside Petroleum closing up 0.44 percent and mainland shares of China Petroleum up 1.44 percent.
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Other Indian refiners to have bought U.S. crude include Bharat Petroleum Corp Ltd, Bharat Oman Refinery, Hindustan Petroleum Corp Ltd and Reliance Industries Ltd.
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An engineering, procurement and construction contract for this project has been awarded to China Petroleum Engineering & Construction Corp, an affiliate of China National Petroleum.
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State fuel retailers and refiners Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum Corp operate about 90% of retail fuel pumps in India.
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However state refiners - Indian Oil Corp, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd - are now moving towards signing deals for Russian oil.
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Occidental Petroleum said on Wednesday it would begin dismissing workers in a new cost-cutting move following its $103 billion acquisition of Anadarko Petroleum.
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And he noted that most US petroleum use is in transportation -- motor gasoline alone made up 46% of US petroleum use in 493, according to the federal government -- not in industrial production; the use of vehicles that run without using petroleum could be greatly expanded.
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RRPCL, a joint venture between Indian Oil Corp (IOC), Hindustan Petroleum and Bharat Petroleum, has said suggestions the refinery would damage the environment were baseless.
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India's three state-run oil companies, IOC, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, tend to adjust retail prices of fuel in concert.
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Details: "Berkshire Hathaway has committed a $10 billion investment in Occidental Petroleum contingent on the company completing its proposed takeover of Anadarko Petroleum," CNBC reports.
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RRPL, a joint venture between Indian Oil Corp (IOC) , Hindustan Petroleum and Bharat Petroleum , has said suggestions the refinery would damage the environment were baseless.
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Three-quarters of the energy consumed in Puerto Rico is produced by petroleum products, according to government data, and all of that petroleum is imported.
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Chevron is operator and 64 percent owner of Wheatstone, alongside Kuwait Foreign Petroleum Exploration Co (KUFPEC), Woodside Petroleum, Japan's Kyushu Electric Power Co and JERA.
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State-run oil refiners such as Bharat Petroleum Corp and Hindustan Petroleum Corp rose more than 1 percent each on a hike in petrol prices.
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"These amendments include the enactment of the Petroleum Resources Act that will govern the development of petroleum and natural gas resources in Quebec," Questerre said.
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Last month, Berkshire committed $10 billion to Occidental Petroleum Corp's cash-and-stock bid for Anadarko Petroleum Corp, which Chevron Corp also wants to buy.
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Still, the American Petroleum Institute, which represents companies including Halliburton, Hess and Occidental Petroleum, is not seeking federal aid, said the the spokeswoman, Bethany Aronhalt.
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HOUSTON, Jan 8 (Reuters) - Occidental Petroleum has reduced its workforce 'significantly' following the acquisition last year of rival Anadarko Petroleum, the company said on Wednesday.
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Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd were the top percentage gainers on the NSE index, up 4.5 percent and 3.5 percent, respectively.
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Whiting Petroleum — Shares of Whiting Petroleum tanked more than 3.53% after reports said the energy company is considering hiring advisors to review its capital structure.
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The legendary investor's Berkshire Hathaway (BRKA) plans to invest $10 billion in Occidental Petroleum to help finance the oil company's attempted takeover of Anadarko Petroleum (APC).
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Anadarko snubs Chevron: Anadarko Petroleum (APC) says the revised offer it's received from Occidental Petroleum (OXY) is superior to a previously accepted bid from Chevron (CVX).
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Energy and petroleum products prices posted a 4.5 percent gain as members of the Organization of Petroleum Exporting Countries cut production levels, putting pressure on supplies.
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Energy giant Chevron may have to sweeten its offer for Anadarko Petroleum after fellow driller Occidental Petroleum put a higher bid on the table, analysts say.
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Anadarko Petroleum — The energy company's stock jumped 633% after Occidental Petroleum announced a bid of $6.87 a share for Anadarko, topping an earlier offer from Chevron.
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Oil and Gas Development Company Ltd closed up 1.52 percent, Pakistan Petroleum Ltd ended up 1.22 percent and Mari Petroleum Company Ltd finished up 2.49 percent.
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State run companies - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum - own 50% of the Ratnagiri Refinery & Petrochemicals Ltd (RRPCL), the company building the project.
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Indian state refiners include Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd, which hardly buy any oil from Venezuela.
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State-run Korea National Oil Corp (KNOC) is currently offering part of its Dana Petroleum vehicle and private equity backed Zennor Petroleum is also for sale.
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State-run Korea National Oil Corp (KNOC) is currently offering part of its Dana Petroleum vehicle and private equity backed Zennor Petroleum is also for sale.
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The American Petroleum Institute (API), a trade group, will issue its own report on U.S. petroleum stockpiles after Tuesday's market settlement, at 4:30 p.m. EDT.
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The financing for the petroleum and petroleum products will have an interest rate of 2 percent and will be repaid over 15 years, the source said.
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Petroleum production for the quarter slipped by 8 percent to 50 million barrels of oil equivalent in what was BHP's weakest quarterly petroleum output since 2011.
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Some of the kickbacks were recorded by unnamed executives of Tuscan Petroleum AG, the indictment says; a phone number for Tuscan Petroleum in Houston was disconnected.
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Shell, whose Nigerian subsidiary Shell Petroleum Development Company (SPDC) jointly owns the license with the Nigerian National Petroleum Company, declined to confirm or deny the sale.
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The other two are Helios Petroleum Services, a Panamanian company that describes itself as petroleum marketer, and Shandong Kerui Holding Group, a Chinese oilfield equipment manufacturer.
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The defeated proposition faced unprecedented financial opposition from Big Oil, which organized a formidable campaign sponsored by the Western States Petroleum Association, an influential petroleum trade group.
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Occidental offer: Occidental Petroleum (OXY) has sweetened its offer for Anadarko Petroleum (APC), the latest development in its battle with Chevron (CVX) for prized US shale assets.
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Look for oil and energy stocks to drop: Exxon Mobil (XOM), Chevron (CVX), Marathon Oil (MRO), Occidental Petroleum (OXY), Anadarko Petroleum (APC), ConocoPhillips (COP), and related ETFs.
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Rather than buy into dividend payers like Exxon Mobil, he is looking to names like Hess, Marathon Oil, Anadarko Petroleum, Newfield Exploration, Whiting Petroleum, and Continental Resources.
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On Tuesday, Berkshire announced it had committed $10 billion to a preferred stock investment in Occidental Petroleum which was contingent on the energy company acquiring Anadarko Petroleum.
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Kosmos Energy, Anadarko Petroleum Corp, Ghana National Petroleum Corp and Petro SA also have stakes in the TEN project, which poured its first oil two years ago.
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The Petroleum Industry Governance Bill (PIGB) is the first part of a larger piece of legislation, known as the Petroleum Industry Bill (PIB), to pass through parliament.
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European Union statistics office Eurostat said over half of all goods imports were invoiced in dollars in 2016, as was 20163 percent of petroleum and petroleum products.
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Results benefited from a $20 billion fee it received after Occidental Petroleum wrecked its $23 billion deal to buy Anadarko Petroleum with a winning $28 billion bid.
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Rival Occidental Petroleum Corp last week agreed to buy rival Anadarko Petroleum Corp for $38 billion in a deal that includes expensive financing from billionaire Warren Buffett.
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"DNO now has decided to build a long term strategic shareholding in Faroe Petroleum and to support Faroe Petroleum management's growth focused North Sea strategy," it said.
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The Petroleum Industry Governance Bill is part of proposed reforms that make up the sprawling Petroleum Industry Bill (PIB), aimed at overhauling the OPEC member's energy industry.
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"DNO now has decided to build a long-term strategic shareholding in Faroe Petroleum and to support Faroe Petroleum management's growth-focused North Sea strategy," it said.
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Results benefited from a $1 billion fee it received after Occidental Petroleum wrecked its $33 billion deal to buy Anadarko Petroleum with a winning $38 billion bid.
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State-run oil marketing companies Hindustan Petroleum Corp and Bharat Petroleum Corp inched up 0.93% and 0.51%, respectively, ahead of their quarterly results due later on Thursday.
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"We are excited to enter this agreement ... Lake Albert is home to some prime petroleum acreage," Prince Arthur Eze, chairman of Oranto Petroleum, said in a statement.
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Asian energy plays broadly advanced, with Oil Search adding 1.93 percent, Woodside Petroleum rising 1.93 percent, Inpex gaining 3.18 percent and Japan Petroleum up by 3.66 percent.
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State-run oil retailers such as Bharat Petroleum Corp and Hindustan Petroleum Corp rose 2 percent each on a hike in retail prices of petrol and diesel.
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Marathon Petroleum also said it would transfer its inland marine business, which holds petroleum product barges, tow boats and other assets, to MPLX in exchange for stock.
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"This is a milestone for Qatar Petroleum as it marks its first foray into Mozambique's promising offshore basins," Qatar Petroleum said in a statement on its website.
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The Strategic Petroleum Reserve (SPR) is an emergency reserve of petroleum oil constantly added to in order to prevent a total depletion of crude during unstable times.
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Oasis Petroleum Inc, Chesapeake Energy Corp and Whiting Petroleum Corp were among those hardest hit, with their stocks and bonds losing as much as half their value.
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U.S. shale producers including Hess Corp, Anadarko Petroleum and Whiting Petroleum this week announced plans to cut spending this year as a result of low oil prices.
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One of its case studies alleges that the country's largest multinational petroleum consortium, Dar Petroleum Operating Company, funded militias in the oil-producing regions of South Sudan.
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ABUJA, Feb 10 (Reuters) - Nigeria's parliament will receive a new version of the proposed Petroleum Industry Bill next week, said Minister of State for Petroleum Timipre Sylva.
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Sweden's oil major Lundin Petroleum has pledged to become carbon neutral by the end of the decade, announcing plans to replace "Petroleum" with "Energy" in its name.
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AND ANDEAVOR COMBINATION TO CREATE LEADING U.S. REFINING, MARKETING, AND MIDSTREAM COMPANY * MARATHON PETROLEUM CORP - DEAL FOR TOTAL ENTERPRISE VALUE OF $35.6 BILLION * MARATHON PETROLEUM CORP - DEAL FOR TOTAL EQUITY VALUE OF $23.3 BILLION * MARATHON PETROLEUM CORP - ANDV SHAREHOLDERS WILL HAVE OPTION TO CHOOSE 1.87 SHARES OF MPC STOCK, OR $152.27 IN CASH * MARATHON PETROLEUM CORP - STOCK PORTION OF CONSIDERATION RECEIVED BY ANDEAVOR'S SHAREHOLDERS IS EXPECTED TO BE TAX-FREE.
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This month, a pipeline blast believed to be caused by petroleum thieves killed dozens, sparking protests among locals who blamed the Nigerian National Petroleum Corporation for the explosion.
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State run companies - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum - own 50% of the Ratnagiri Refinery & Petrochemicals Ltd (RRPCL), the company that is building the project.
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Sunday's violence took place at the headquarters of state oil company Ceylon Petroleum, where Arjuna Ranatunga, petroleum minister in the ousted cabinet, tried to re-enter his office.
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Exxon Mobil, Chevron, Marathon Oil, Occidental Petroleum, Anadarko Petroleum, ConocoPhillips, and related ETFs — These and other energy stocks are likely to be hit as crude drops 5 percent.
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Activist investor Carl Icahn thinks Occidental Petroleum CEO Vicki Hollub got played by the Oracle of Omaha himself, Warren Buffett, in the company's effort to buy Anadarko Petroleum.
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The Commerce Department placed the South Sudan Ministry of Mining, the South Sudan Ministry of Petroleum, and state oil firm Nile Petroleum and associated companies on its list.
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Reliance Industries Ltd, Hindustan Petroleum Corp , Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd, sought an additional 1 million barrels each in November, one of the sources said.
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Under the RFS, petroleum refiners and importers of petroleum products are required to blend biofuels with their gasoline and diesel fuel, regardless of their ability to do so.
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The agreement between state-owned Qatar Petroleum and ENI, which operates the block, is subject to regulatory approvals by the Mozambique government, Qatar Petroleum said in a statement.
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A petroleum ministry source said these issues were discussed along with pay disputes and reforms to be carried out once the Petroleum Industry Bill is passed into law.
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Diesel remains the largest end market, accounting for more than 40 percent of all petroleum consumed in the country, according to the Ministry of Petroleum and Natural Gas.
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SINGAPORE (Reuters) - Petroleum and metals trader Clearsource is expanding its Asian operations through its Singapore office to include naphtha and liquefied petroleum gas (LPG), its chief executive said.
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Oil marketers also gained, with Hindustan Petroleum Corp Ltd rising 3.6 percent while Indian Oil Corp Ltd and Bharat Petroleum Corp Ltd were up over 1 percent each.
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Dr. Thomas M.A. John, a former group managing director of NNPC, will hold the position until Buhari appoints either a petroleum minister or minister of state for petroleum.
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Qalaa holds 13.1% of Egyptian Refining Co (ERC), a $4.4 billion project it co-owns with Qatar Petroleum, state-run Egyptian General Petroleum Corp (EGPC) and other partners.
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State run companies - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum - own 50 percent stake in RPPL while the remainder is held by Saudi Aramco and ADNOC.
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Vanguard also voted against management at Occidental Petroleum over a similar climate measure — also expected based on the results from the Occidental Petroleum shareholder meeting earlier this year.
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New York (CNN Business)Billionaire Carl Icahn launched a legal attack on Occidental Petroleum on Thursday, arguing the oil company paid way too much money to acquire Anadarko Petroleum.
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Chevron has a major decision to make after Anadarko Petroleum decided to ditch a $33 billion deal with the oil major and instead sell its business to Occidental Petroleum.
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The company reported solid results as a bidding war between Chevron and Occidental Petroleum for another Permian player, Anadarko Petroleum, has investors speculating about more dealmaking in the basin.
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OSLO (Reuters) - Lundin Petroleum has found additional oil and gas in the Norwegian Arctic, the Swedish company and the Norwegian Petroleum Directorate said on Tuesday, lifting the company's shares.
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Sunday's violence took place at the headquarters of state oil company Ceylon Petroleum Corp, where Arjuna Ranatunga, petroleum minister in the ousted cabinet, tried to re-enter his office.
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U.S. refiners would be protected from the competitive effects of the fee by ensuring it is also levied on imported petroleum products but not payable on exported petroleum products.
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HOUSTON (Reuters) - Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum.
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The companies include China National Petroleum Corporation, China Petrochemical Corporation (Sinopec Group), China Petroleum and Chemical Corporation (Sinopec Corp), China National Offshore Oil Corporation (CNOOC Group), and CNOOC Limited.
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Kosmos Energy , Anadarko Petroleum Corp , Ghana National Petroleum Corp and Petro SA also have stakes in the two fields, which have estimated combined reserves of around 1.5 billion barrels.
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BANGKOK, May 4 (Reuters) - Thailand's PTT Exploration and Production, Chevron Corp and UAE's Mubadala Petroleum submitted intent to qualify for Thai petroleum auctions, a government official said on Friday.
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"The principal aim of the Organization of the Petroleum Exporting Countries shall be the coordination and unification of the petroleum policies of Member Countries", according to OPEC's founding statute.
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The Petroleum Equalisation Fund would be created to "ensure efficient distribution of petroleum products throughout the federation" and also "collect and provide funding for infrastructural development throughout the federation".
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Separately, traders said they were waiting for the release of the weekly petroleum status report from the American Petroleum Institute (API), an industry trade group, at 4:30 p.m.
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State-run fuel retailers Hindustan Petroleum Corp, Bharat Petroleum Corporation and Indian Oil were among the biggest losers on the NSE index, falling between 2.7 percent to 4.3 percent.
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US oil companies sensitive to oil price movements include frackers like Whiting Petroleum (WLL) and Oasis Petroleum as well as California Resources and Kosmos Energy (KOS), according to analysts.
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India's motorists consumed 581,000 barrels of gasoline per day between February and April, according to the Petroleum Planning and Analysis Cell at the Ministry of Petroleum and Natural Gas.
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This week alone, Anadarko Petroleum Corp, ConocoPhillips, Whiting Petroleum Corp and Hess Corp cut a combined $750 million from their capex plans, each citing weaker-than-expected oil prices.
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Warren Buffett's Berkshire Hathaway Inc put $223 billion behind Occidental Petroleum Corp's bid as it tries to see off competition from Chevron to buy smaller rival Anadarko Petroleum Corp.
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Oil marketing firms Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd fell, hurt by higher oil prices on Venezuela's supply struggles and ongoing output cuts led by OPEC.
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Entities outside the United States have until April 28 to wind down their purchases of petroleum and petroleum products from Petróleos de Venezuela SA, the U.S. Treasury Department said.
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NEW YORK (Reuters) - Occidental Petroleum Corp submitted a cash-and-stock bid worth $70 per share for Anadarko Petroleum Corp, a source familiar with the matter said on Friday.
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Most of it was produced and sold by Indian state refiners - Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd, Hindustan Petroleum Corp Ltd and Mangalore Refinery and Petrochemicals Ltd.
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But, it said long-running changes in U.S. trade patterns for both crude oil and other petroleum products had resulted in a steady decline of net U.S. petroleum imports.
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Most of it was produced and sold by Indian state refiners - Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd , Hindustan Petroleum Corp Ltd and Mangalore Refinery and Petrochemicals Ltd.
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Petroleum and natural gas developer Inpex Corp shed 2.4 percent, refiner Idemitsu Kosan Co lost 5.6 percent and petroleum and metals conglomerate JXTG Holdings Inc was down 3.1 percent.
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EIA had projected in 2010 that the U.S. would be importing a net eight million barrels of petroleum by now, which includes crude oil and petroleum products like gasoline.
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Occidental Petroleum may have spoiled Chevron's plans to acquire oil and gas driller Anadarko Petroleum, but Wall Street is not pronouncing the oil company the loser in the buyout battle.
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State refiners - Indian Oil Corp, Bharat Petroleum, Hindustan Petroleum and Mangalore Refinery and Petrochemicals - account for about 215 percent of the country's nearly 220 million barrels per day (bpd) capacity.
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Hindustan Petroleum Corp and Bharat Petroleum Corp are supplying fuel on a cash-and-carry basis, which means Jet needs to pay for the fuel at the time of purchase.
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This put it at odds with petroleum industry body South African Petroleum Industry Association (SAPIA), which represents refinery operators such as BP, Royal Dutch Shell , Total and Sasol among others.
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Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd are seeking an additional 1 million barrels each in November from Saudi Arabia, the sources said.
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Energy plays across the region were mostly higher, with Santos adding 4.96 percent, Woodside Petroleum up by 5.08 percent, Japan's Inpex gaining 3.93 percent, and Japan Petroleum up 20.7237 percent.
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Energy plays were mostly down, with shares of Santos falling 4.97 percent, Woodside Petroleum down 2.48 percent, Inpex seeing losses of 6.35 percent and Japan Petroleum lower by 5.71 percent.
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Suppliers included a unit of India's Reliance Industries, PDVSA's U.S. refining arm Citgo Petroleum, Russian oil firms Lukoil and Rosneft, units of China National Petroleum Corp, and several trading firms.
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"The expectation is that Qatar Petroleum and Exxon will go in on this together," the source said, adding a Qatar Petroleum delegation planned to visit Mozambique before the year end.
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And the Nigeria Petroleum Regulatory Commission would oversee compliance with the laws related to the petroleum industry, including the maintenance of environmental standards, and carry out evaluations of national reserves.
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Reliance, the owner of the world's biggest refining complex at Jamnagar, is joining state-run refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp in importing U.S. crude.
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India's state-owned refiners, such as Indian Oil Corp , Bharat Petroleum Crop and Hindustan Petroleum Corp, used to buy in supplies from private companies to meet demand at the pump.
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In September, the U.S. exported 133,000 barrels per day (b/d) more petroleum (crude oil and other petroleum products) than it imported, according to official data published earlier this month.
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Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, hopes its new Iran Petroleum Contracts (IPC) will attract foreign companies and boost production after years of underinvestment.
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Sinovensa, owned by PDVSA subsidiary Venezuelan Petroleum Corp (CVP) and China National Petroleum Corp (CNPC), produces extra-heavy Orinoco crude and blends it with lighter oil to produce medium-grade Merey.
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Check out the companies making headlines before the bell: Anadarko Petroleum — Occidental Petroleum is offering $76 per share for Anadarko, topping the deal that Chevron has in place to buy Anadarko.
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Energy plays were mostly negative, with Woodside Petroleum closing down 2.76 percent, Santos declining 7.46 percent, Inpex sliding 6.21 percent, Japan Petroleum down 2016.02 percent and S-Oil down 2500 percent.
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Oasis Petroleum and Whiting Petroleum, spiked about 5 percent, a sign of optimism that the federal government would not impose more restrictions on fracking, and leave such regulation to individual states.
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India's consumption of petroleum products topped 4 million bpd for the first time in the 20163 months ending in April, according to data from the Ministry of Petroleum and Natural Gas.
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Equinor also said it would remain a member of the American Petroleum Institute (API) and the Australian Petroleum Production & Exploration Association (APPEA) despite some "some misalignments" with the company's climate policies.
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Indian refiners Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corporation Limited were given a special permission by the shipping ministry to import oil from the United States until March.
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NEW DELHI (Reuters) - India's Bharat Petroleum Corp Ltd (BPCL.
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" Oasis Petroleum: "No, Oasis peaked because it's in Williston.
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HOUSTON (Reuters) - Anadarko Petroleum Corp shareholders will vote Aug.
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President Trump is negotiating with China Petroleum & Chemical Corp.
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Energy firms PetroChina and China Petroleum & Chemical Corp gained.
|
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ATHENS (Reuters) - Greece's biggest oil refiner, Hellenic Petroleum (HEPr.
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OSLO (Reuters) - Swedish independent oil firm Lundin Petroleum (LUPE.
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Maikanti Baru, the Nigerian National Petroleum Corporation's (NNPC) group managing director, told a parliamentary hearing that the draft Petroleum Industry Bill (PIB), which aims to radically overhaul the OPEC member's oil sector, should be amended so that only one company, the newly created National Petroleum Company (NPC), is allowed to sell the nation's oil.
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Anadarko Petroleum, Chevron — Shares of Anadarko Petroleum surged 33.9% after Chevron announced that it will be acquiring the oil and gas driller in a cash and stock deal valued at $33 billion.
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Occidental Petroleum Chief Executive Vicki Hollub takes her case for buying Anadarko Petroleum to the company's shareholders on Friday, bolstered by rapid deal-making that put her on the cusp of victory.
|
|
Anadarko Petroleum (APC), the company that agreed to sell itself to Chevron (CVX) for $33 billion, decided to begin negotiations to sell itself to Occidental Petroleum (OXY) instead, Reuters reported, citing sources.
|
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India's biggest state-owned refiner Indian Oil Corp was up 7.81 percent on the National Stock Exchange, while Bharat Petroleum Corp and Hindustan Petroleum Corp rose 7.44 percent and 8.57 percent, respectively.
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Australia's Santos was up 20.65 percent, while Oil Search rose 25 percent and Woodside Petroleum was up 2215.97 percent, Japan's Inpex was up 0.84 percent and Japan Petroleum was up 1.37 percent.
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ABUJA, March 8 (Reuters) - Nigeria, Africa's top oil producer, wants to remove the need for imported petroleum products within 18 months, Minister of State for Petroleum Emmanuel Ibe Kachikwu said on Tuesday.
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Anadarko Petroleum Corp jumped 11.6%, providing the biggest boost to the S&P 500, after Occidental Petroleum Corp sought to scuttle Chevron Corp's takeover of the company with a $57 billion bid.
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Anadarko Petroleum Corp jumped 12%, providing the biggest boost to the S&P 500, after Occidental Petroleum Corp sought to scuttle Chevron Corp's takeover of the company with a $57 billion bid.
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Iraq also plans to produce 20,000 tonnes per day of liquefied petroleum gas (LPG) and 15,000 barrels per day of condensate in 2020, Shatari said at the Asia Pacific Petroleum Conference (APPEC).
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North Dakota's Bakken shale drillers produce crude that's better suited to making middle distillates, so Morgan Stanley highlights Continental Resources, Oasis Petroleum and Whiting Petroleum as potential outperformers among independent shale drillers.
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DENVER, Aug 12 (Reuters) - Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.
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Its partners in Wheatstone are Kuwait Foreign Petroleum Exploration Company (KUFPEC), Australia's Woodside Petroleum, Kyushu Electric Power Co, and a joint venture part-owned by the world's top LNG buyer, Japan's JERA.
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Top oil marketing firms such as Hindustan Petroleum Corp Ltd , Indian Oil Corp Ltd and Bharat Petroleum Corporation Ltd dropped over 3 percent each, the top percentage losers on the NSE index.
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|
Lebanon extended the bid deadline in September because companies wanted more time and to see a long-awaited petroleum tax law which was then passed, the Lebanese Petroleum Administration (LPA) has said.
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HOUSTON (Reuters) - Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp's higher, $22023 billion offer that included more than three times as much cash.
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The company's shares rose 2% after Warren Buffett's Berkshire Hathaway Inc committed $10 billion to Occidental Petroleum Corp's bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron.
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|
While the petroleum balance has improved as a result of fast-growing production and exports of oil and gas (thanks to the shale revolution), the rise in the non-petroleum balance is bad news for the U.S. economy because it indicates growing net imports of manufactured goods and commodities, which create more jobs per dollar than the petroleum sector.
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Buhari kept the petroleum portfolio for himself, as in his first term, and appointed Timipre Silva as minister of state for petroleum, who will manage the portfolio on a day-to-day basis.
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Berkshire Hathaway said this week it plans to invest $10 billion in oil company Occidental Petroleum (OXY) to help Occidental fight Chevron (CVX) in a bidding war to purchase rival Anadarko Petroleum (APC).
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Those measures "shall apply with respect to vessels loading, transporting, or discharging petroleum, including crude oil and refined petroleum products, illicitly exported or attempted to be exported from Libya," the new resolution states.
|
|
Increased production of gas resulted in Norway's total petroleum output rising for the fourth year in a row in 2017, while oil production slipped from 2016, the Norwegian Petroleum Directorate said on Thursday.
|
|
Earlier this week, Chevron found itself in a takeover duel for Anadarko Petroleum Corp , a smaller oil and gas producer, when Occidental Petroleum Corp made a $38 billion offer that topped Chevron's bid.
|
|
Anadarko Petroleum Corp shares jumped 12.1%, providing the biggest boost to the S&P 500, after Occidental Petroleum Corp sought to scuttle Chevron Corp's takeover of the company with a $57 billion bid.
|
|
Anadarko Petroleum Corp shares jumped 11.7%, providing the biggest boost to the S&P 500, after Occidental Petroleum Corp sought to scuttle Chevron Corp's takeover of the company with a $57 billion bid.
|
|
Merger talks between Occidental Petroleum and Anadarko Petroleum were ongoing when Chevron announced on Friday it would acquire Anadarko for $33 billion, preventing Occidental from potentially upping its offer price, sources tell CNBC.
|
|
Anadarko Petroleum on Monday released new financial details of its proposed combination with Occidental Petroleum that revealed its acquirer did not expect to generate enough cash to cover its shareholder payments until 2022.
|
|
Indian refiners Hindustan Petroleum Corp and Bharat Petrolum Corp, Mangalore Refinery and Petroleum Corp and Indian Oil Corp would lift same volume in March as they took in February, a governemnt official said.
|
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Petroleum product majors Inpex Corp and Japan Petroleum Exploration Co fell 1.1 percent and 2.1 percent, respectively, as crude oil prices slumped on OPEC's decision to delay a final decision on output cuts.
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His father is the vice president for oil trading and transportation at Apex Oil Company in St. Louis, which specializes in the transportation, storage and wholesale distribution of petroleum and petroleum-derivative products.
|
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Wellesley Petroleum was set up with the backing of private equity firm Blue Water Energy in 2015 and received approval from the Norwegian Petroleum Directorate (NPD) to hold offshore stakes the same year.
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|
Major oil marketing companies, including Bharat Petroleum Corp Ltd , Hindustan Petroleum Corp Ltd and Indian Oil Corp Ltd, were all up more than 2 percent each even as oil prices remained under pressure.
|
|
HOUSTON — In an escalating bidding war, Anadarko Petroleum said on Monday that it intended to reject its first suitor in a takeover bid, Chevron, after Occidental Petroleum came forward with a better offer.
|
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DP Delta Finance, led by the owner of local oil producer Delta Petroleum, will provide $1.13 billion in financing to boost output at a joint venture between PDVSA and Delta Petroleum, PDVSA said.
|
|
Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries, hopes its new petroleum contracts will attract foreign companies and boost oil and gas output after years of under-investment.
|
|
Canadian National Railway, Canada's largest railroad company, is expected to report a rise in quarterly revenue as it moves higher volumes of Canadian grains and U.S. soybeans, refined petroleum products and petroleum coke.
|
|
"NO on 1631," the campaign opposing the initiative was sponsored by Western States Petroleum Association, whose top contributors include oil giants BP America and Andeavor LLC, which is owned by Marathon Petroleum Corporation.
|
|
We're gonna talk about his new investment in Occidental Petroleum.
|
|
CNODC is a subsidiary of China National Petroleum Corporation (CNPC).
|
|
American Petroleum Institute data showed a large build in supplies.
|
|
Lygos: Genetically modify yeast to produce sustainable chemicals without petroleum.
|
|
Shares in African Petroleum closed up 13.04 percent on Thursday.
|
|
The disagreement comes at a sensitive time for African Petroleum.
|
|
We have -- North America is replete with the petroleum reserves.
|
|
PTTOR will include service stations, petroleum products, and lubricant products.
|
|
Petroleum fuels, pesticides, and heavy metals seeped into the soil.
|
|
Petroleum exports increased to their highest level since August 2014.
|
|
" Occidental Petroleum: "My charitable trust had to dump the stock.
|
|
Ghana wants to be a petroleum hub for west Africa.
|
|
Changes included the ministers of petroleum, finance and the interior.
|
|
Falcon is owned by Abu Dhabi's International Petroleum Investment Company.
|
|
Remaining partners include Australia's Woodside Petroleum and Japan's Osaka Gas.
|
|
Company House charts the early chapters of Qatar's petroleum industry.
|
|
Ghana wants to be a petroleum hub for West Africa.
|
|
Phillips 66, Marathon Petroleum Corp and Exxon declined to comment.
|
|
But Japan's Inpex fell 103% while Japan Petroleum added 0.96%.
|
|
A Repsol spokesman declined to comment on the petroleum swaps.
|
|
Santos shed 2% while sector heavyweight Woodside Petroleum lost 1.1%.
|
|
SN) and China National Petroleum Corp's Petrochina Co Ltd (601857.
|
|
Sarat Sethi owns shares of Anadarko Petroleum Corporation and Chevron.
|
|
Last week Hindustan Petroleum Corp paid $17.5 million to NIOC.
|
|
Bharat Petroleum did not respond to a request for comment.
|
|
Hitecvision also owns Verus Petroleum which produces around 17,000 boed.
|
|
Kuwait Petroleum Corp did not respond to requests for comment.
|
|
N) $38 billion deal to buy Anadarko Petroleum Corp (APC.
|
|
Anadarko has agreed to be taken over by Occidental Petroleum .
|
|
Trader Guy Adami said he likes Anadarko Petroleum and Allergan.
|
|
The price of petroleum averaged $39.24 per barrel in November.
|
|
Petroleum and natural gas developer Inpex Corp advanced 3.6 percent.
|
|
Woodside Petroleum was up 0.2% and Caltex Australia gained 23%.
|
|
In September, EOG Resources bought Yates Petroleum for $2.5 billion.
|
|
The buyer is China International United Petroleum & Chemicals Co., Ltd.
|
|
Greece's Hellenic Petroleum is the other company in the consortium.
|
|
Smaller peer Carnarvon Petroleum holds the remaining stake in Dorado.
|
|
Oil and gas explorer Woodside Petroleum rose nearly 1 percent.
|
|
Pertamina is Indonesia's sole refiner and dominant petroleum product retailer.
|
|
Only a day before, an executive at Kuwait Petroleum Corp.
|
|
Gerard is president and CEO of the American Petroleum Institute.
|
|
IOC and Bharat Petroleum Corp gained over 1 percent each.
|
|
But Japanese energy plays Inpex and Japan Petroleum closed lower.
|
|
Oil and gas producer Woodside Petroleum also lost 1.6 percent.
|
|
CHICAGO (Reuters) - U.S. shale oil producer Goodrich Petroleum Corp GDPM.
|
|
Woodside Petroleum advanced 0.8% and Oil Search was up 0.6%.
|
|
HK) is weighing a takeover of Gulf Keystone Petroleum (GKP.
|
|
Petroleum exports fell to their lowest level since September 2.83.
|
|
Woodside Petroleum and Oil Search lost more than 3 percent.
|
|
The NWS project is operated by Australian firm Woodside Petroleum.
|
|
The Organization of the Petroleum Exporting Countries agreed on Nov.
|
|
N), which accepted a higher bid from Occidental Petroleum (OXY.
|
|
In Miami, Uglanov opened a gas station, called Niko Petroleum.
|
|
Today: The Organization of Petroleum Exporting Countries meets in Vienna.
|
|
Santos and Woodside Petroleum both fell more than 3 percent.
|
|
" Occidental Petroleum: "No, we're not going to buy more oils.
|
|
" Occidental Petroleum: "No, we're not going to buy more oils.
|
|
Canadian oil and gas producer Penn West Petroleum Ltd PWT.TOPWE.
|
|
HONG KONG (Reuters) - China Petroleum and Chemical Corp (Sinopec) (0386.
|
|
HONG KONG (Reuters) - China Petroleum and Chemicals Corp (Sinopec) (0386.
|
|
The Egyptian petroleum ministry was not immediately available for comment.
|
|
N), has bought Phibro LLC from Occidental Petroleum Corp (OXY.
|
|
He needed to discover new sources of petroleum, or else.
|
|
Woodside Petroleum gained 23% and peer Oil Search advanced 0.7%.
|
|
MARTY DURBIN Executive Director Market Development American Petroleum Institute Washington
|
|
Researchers examined data on 3,730 petroleum industry workers in China.
|
|
Output of petroleum and coal products climbed by 7.6 percent.
|
|
Hitecvision also owns Verus Petroleum, which produces around 17,000 boed.
|
|
That's a company that was the spinoff of [Occidental Petroleum].
|
|
Jones: Paraffin wax is a common wax made from petroleum.
|
|
His father was a petroleum production consultant, also in Plano.
|
|
Yet petroleum and defense experts have largely discounted such possibilities.
|
|
Lubricants containing no petroleum or oils from bituminous minerals. 12.
|
|
OMV and Kuwait Foreign Petroleum Exploration Company declined to comment.
|
|
Petroleum exports, however, rose to a record high in June.
|
|
Petroleum imports in June were the highest since December 2014.
|
|
"It's captivating," said Patrick DeHaan, a petroleum analyst at GasBuddy.
|
|
Propylene is a colorless, flammable, pungent gas made from petroleum.
|
|
Mr Pickens left to form his own firm, Mesa Petroleum.
|
|
Woodside Petroleum Ltd lost 0.8%, while Beach Energy declined 1.7%.
|
|
Woodside Petroleum dropped 25.5% to its lowest close since Oct.
|
|
Heavyweights Woodside Petroleum and Santos gave up about 1% each.
|
|
Japan's Inpex rose 0.34% and Japan Petroleum was up 0.48%.
|
|
Malaysian oil and gas service provider Perisai Petroleum Teknologi PPTB.
|
|
Woodside Petroleum Ltd gained the most in almost two weeks.
|
|
Norway's DNO and Britain's Faroe Petroleum together won 9 operatorships.
|
|
The Strategic Petroleum Reserve doesn't need to be so large.
|
|
Two China National Petroleum Corp (CNPC) officials confirmed the event.
|
|
The deal was signed with Ghana National Petroleum Corporation (GNPC).
|
|
True, splitting off BHP's petroleum business could have some benefits.
|
|
Hindustan Petroleum Corp and Bharat Petroleum , India's second- and third-biggest state-owned refiners respectively, halted Iranian oil imports after western sanctions against Tehran's nuclear programme barred insurance cover for plants processing Iranian oil.
|
|
Warren Buffett was willing to invest $20 billion to help Occidental Petroleum acquire Anadarko Petroleum, double the investment the Oracle of Omaha eventually committed to the Houston-based driller, sources told CNBC's David Faber.
|
|
Last month, deliveries of petroleum rose by 3.6 percent from a year ago to 19.7 million barrels per day, marking the highest April deliveries in eight years, the American Petroleum Institute reported on Thursday.
|
|
Warren Buffett took the market by surprise on Tuesday with the announcement that Berkshire Hathaway would take a $10 billion preferred share stake in Occidental Petroleum, contingent on its acquisition of Anadarko Petroleum succeeding.
|
|
HOUSTON (Reuters) - Several major Occidental Petroleum Corp shareholders have voiced opposition to the oil company's $38 billion bid for rival Anadarko Petroleum Corp that now includes a pricey financing deal with billionaire Warren Buffett.
|
|
Callon Petroleum — Shares of Callon Petroleum fell 15.9% after the oil and gas company said it will acquire Carrizo Oil & Gas in a deal valued at $3.2 billion deal, or $13.12 per Carrizo share.
|
|
Sunoco, a downstream petroleum distributor, sells gasoline through more than 4,900 retail outlets and is considered a 'pure play' company that focuses exclusively on a single industry or product, in this case selling petroleum.
|
|
Discovered in 2016, the Cara license is operated by Neptune, which holds a 30 percent stake, and is co-owned by Idemitsu Petroleum (30 percent), Pandion Energy (20 percent) and Wellesley Petroleum (20 percent).
|
|
Walker, who was CEO from 2012 to 2019, received a $98 million payout when Occidental Petroleum acquired Anadarko Petroleum (the acquisition was approved by the companies in May 2019 and completed in August 2019).
|
|
Oil prices fell on bearish U.S. petroleum inventory data and doubts that production cuts promised by Organization of the Petroleum Exporting Countries (OPEC) and Russia would be enough to drain a global crude glut.
|
|
The company's shares rose 303% after Warren Buffett's Berkshire Hathaway Inc put $10 billion behind Occidental Petroleum Corp's bid for smaller rival Anadarko Petroleum Corp as it tries to see off competition from Chevron.
|
|
The company's shares rose 363% after Warren Buffett's Berkshire Hathaway Inc put $10 billion behind Occidental Petroleum Corp's bid for smaller rival Anadarko Petroleum Corp as it tries to see off competition from Chevron.
|
|
Officials from the world's largest listed oil producer recently held talks with Egypt's petroleum ministry to discuss investments in oil and gas production, known as upstream operations, Petroleum Minister Tarek El Molla told Reuters.
|
|
HOUSTON (Reuters) - Anadarko Petroleum Corp's board on Monday backed a $783 billion bid from Occidental Petroleum Corp, adding pressure on rival Chevron Corp to raise its offer or walk away from the takeover contest.
|
|
Together with co-authors at Carnegie Mellon and the University of Pittsburgh, I am researching the vast air pollution and greenhouse gas implications of using rail and pipelines to move petroleum and petroleum products.
|
|
In a bright spot, Anadarko Petroleum Corp rose 2.6% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a requirement for any deal to receive the approval of Occidental's shareholders.
|
|
Saudi-based Arab Petroleum Investments Corp, a firm specializing in funding petroleum projects, estimated in a report on Tuesday that oil prices are likely to trade at $60 to $70 per barrel by mid-2019.
|
|
Occidental Petroleum on Sunday put a revised buyout offer in front of Anadarko Petroleum, offering to pay shareholders in mostly cash as it seeks to derail Chevron's acquisition of the international oil and gas driller.
|
|
U.S. Military cargo planes at the Luis Munoz Marin International Airport in San Juan Petroleum companies like Shell, American Petroleum and many smaller independent suppliers get their fuel and store it at the Yabucoa port.
|
|
On Tuesday, Berkshire got involved in a rare bidding war in the energy industry, offering to invest $10 billion in Occidental Petroleum to back its takeover of Anadarko Petroleum against a rival bid from Chevron.
|
|
In a bright spot, Anadarko Petroleum Corp rose 3% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a requirement for any deal to receive the approval of Occidental's shareholders.
|
|
Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.
|
|
The new rules apply to High Hazard Flammable Trains transporting petroleum oil in a block of 20 or more loaded tank cars and trains that have a total of 35 loaded petroleum oil tank cars.
|
|
Another Russian firm, Independent Petroleum Company, and a subsidiary were blacklisted for signing a contract to provide oil to North Korea and shipping over $1 million worth of petroleum products to North Korea, Treasury said.
|
|
DUBAI, June 13 (Reuters) - Kuwait Foreign Petroleum Exploration Company (Kufpec), a subsidiary of state-owned Kuwait Petroleum Corporation, is seeking a five-year loan of over $1 billion, banking sources familiar with the mater said.
|
|
Occidental Petroleum said on Monday it would slash spending on big projects by 22.5% next year, as it missed earnings estimates in its first results after closing its $266 billion purchase of rival Anadarko Petroleum.
|
|
Mr. Warden, 53, is the deputy general counsel for PBF Energy, a petroleum refiner and supplier of petroleum products in Parsippany, N.J. He graduated from Rutgers and received a law degree from Seton Hall University.
|
|
In a bright spot, Anadarko Petroleum Corp rose 3.6% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a need for any deal to receive the approval of Occidental's shareholders.
|
|
Chevron Corp and Occidental Petroleum Corp are locked in a battle for Anadarko Petroleum Corp, with both touting onshore and liquefied natural gas assets as key attractions of the deal, rather than Anadarko's Gulf platforms.
|
|
In a bright spot, Anadarko Petroleum Corp rose 3.8% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a need for any deal to receive the approval of Occidental's shareholders.
|
|
Inpex Corp stumbled 1.9%, while Japan Petroleum Exploration Co tanked 3.7%.
|
|
Inpex Corp stumbled 2.5%, while Japan Petroleum Exploration Co plunged 3.7%.
|
|
Timeline:1981-1986 - Works as an exploration geologist for Buckhorn Petroleum.
|
|
Petroleum inventories tumbled 8.9 percent after increasing 5.7 percent in September.
|
|
Australia's Santos fell 0.53 percent and Woodside Petroleum dropped 1.65 percent.
|
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Santos Ltd put on 3.9 percent and Woodside Petroleum 4.93 percent.
|
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Air Liquide announced it signed two agreements With Marathon Petroleum Company.
|
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Petroleum exports also fell, touching their lowest level since September 2010.
|
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Exports of non-petroleum products were the weakest since February 2011.
|
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Energy stocks also remained subdued, with Woodside Petroleum closing 0.4% lower.
|
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It may be the most pro-petroleum administration imaginable, Cramer said.
|
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Norwegian Petroleum Directorate plans to update 2018 exploration on Jan. 11.
|
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A representative for Qatar Petroleum was not immediately available to comment.
|
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China's Petroleum & Chemical Corp holds 219 percent and Kurdistan the rest.
|
|
We still import a lot of petroleum products from Canada, especially.
|
|
CHEVRON HAS BEGUN MERGER INTEGRATION PLANNING WITH ANADARKO PETROLEUM -CHEVRON EXECUTIVE
|
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Data from the American Petroleum Institute, due at 4:30 p.m.
|
|
NIGERIA'S PARLIAMENT TO RECEIVE PETROLEUM INDUSTRY BILL NEXT WEEK -OIL MINISTER
|
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The Organization of the Petroleum Exporting Countries (OPEC) meets on Nov.
|
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Anadarko Petroleum (APC) and Tenet Healthcare (THC) are out this afternoon.
|
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Total will lead a consortium that includes China National Petroleum Corp.
|
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The statement from Qatar Petroleum did not contain any financial terms.
|
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DUBAI, May 27 (Reuters) - Qatar Petroleum awarded McDermott Middle East Inc.
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The petroleum sector accounts for about 75 percent of its budget.
|
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Import prices excluding petroleum were unchanged for a second straight month.
|
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Wells Fargo Securities LLC acted as financial adviser to Yates Petroleum.
|
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The Canadian Association of Petroleum Producers said it welcomed the move.
|
|
The American Petroleum Institute said inventories were slightly higher than expected.
|
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EDT (2030 GMT) from the American Petroleum Institute, an industry group.
|
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The damages claim by the Kuwait Petroleum Corporation (KPC) (IPO-KUWP.
|
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Energy stocks also slipped with Woodside Petroleum Ltd shedding 0.8 percent.
|
|
Woodside Petroleum Ltd and Origin Energy Ltd dropped 1.3 percent each.
|
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Anadarko has agreed to be taken over by Occidental Petroleum Corp.
|
|
Santos was higher by 2.69 percent, Woodside Petroleum rose 0.82 percent.
|
|
International subsidiaries include BOTAS International Limited, Turkish Petroleum International Inc (TPIC).
|
|
Inpex Corp stumbled 4.3% and Japan Petroleum Exploration Co dropped 1%.
|
|
Petroleum inventories rose 0.5 percent after declining 1.1 percent in July.
|
|
N) made a proposed $38 billion acquisition of Anadarko Petroleum (APC.
|
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China's Petroleum & Chemical Corp holds 0.53 percent and Kurdistan the rest.
|
|
The Organization of the Petroleum Exporting Countries will meet on Dec.
|
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We will -- BRIAN SULLIVAN: Because it used to be British Petroleum.
|
|
Moda purchased the Ingleside facility from Occidental Petroleum Corp last August.
|
|
Farmed salmon is the Nordic nation's second-biggest export after petroleum.
|
|
EDT: President Trump meets with members of the American Petroleum Institute.
|
|
Friday: The Organization of Petroleum Exporting Countries is meeting in Vienna.
|
|
It may also pursue acquisitions to help grow its petroleum business.
|
|
" Marathon Oil Company: "I'd like to talk about Marathon [Petroleum Corp].
|
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The isolated nation lacks domestic petroleum reserves as well as fertilizer.
|
|
Falcon is owned by Abu Dhabi's International Petroleum Investment Co PJSC .
|
|
The Organization of the Petroleum Exporting Countries meets next on Nov.
|
|
Often, they simply constitute a fuel switch from petroleum to coal.
|
|
The American Petroleum Institute, an industry trade group, declined to comment.
|
|
There were also increases in furniture, apparel, petroleum and hardware inventories.
|
|
This is roughly 10% of the world's total proven petroleum reserves.
|
|
Adami added that he likes Anadarko Petroleum in the energy space.
|
|
HitecVision and Verus Petroleum did not respond to requests for comment.
|
|
Wells Fargo Securities LLC acted as financial adviser to Yates Petroleum.
|
|
The policy is intended to help farmers and cut petroleum imports.
|
|
Woodside Petroleum and Oil Search each added as much as 2.6%.
|
|
For starters (sorry), it's best if your starter is petroleum-free.
|
|
Hindustan Petroleum rose 2.6 percent, while InterGlobe Aviation gained 3.3 percent.
|
|
There were also increases in inventories of petroleum and electrical goods.
|
|
Petroleum prices declined 4.8% after increasing 0.9% in the prior month.
|
|
N), which ultimately accepted a higher offer from Occidental Petroleum (OXY.
|
|
The top spenders were Chevron and the Western States Petroleum Association.
|
|
They're also manufactured from petroleum, which is extracted by oil drilling.
|
|
Sources: Canadian Association of Petroleum Producers, Pembina Institute, Oil Sands Magazine
|
|
But the area is also believed to contain large petroleum reserves.
|
|
Hellenic Petroleum holds the remaining 35% stake in the gas utility.
|
|
Basically, the CEO and board of Occidental Petroleum should look out.
|
|
Heavyweights Woodside Petroleum and Santos Ltd added 1.5% and 2.9%, respectively.
|
|
Plunging oil prices hit the petroleum industry, which dominates the economy.
|
|
We are the world's top producer of oil and petroleum hydrocarbons.
|
|
The Organization of the Petroleum Exporting Countries, which meets on Nov.
|
|
The North West Shelf joint venture is operated by Woodside Petroleum.
|
|
Heavyweights Woodside Petroleum and Oil Search gave up around 2.1 percent.
|
|
Heavyweights Woodside Petroleum and Santos Ltd fell 3.3% and 2.53%, respectively.
|
|
Woodside Petroleum Ltd slid 3.7%, while Oil Search Ltd lost 2.5%.
|
|
Woodside Petroleum tacked on 1.2% while smaller peer Santos climbed 2.5%.
|
|
Woodside Petroleum tacked on 1.4%, while smaller peer Santos climbed 1.1%.
|
|
Woodside Petroleum gained as much as 1.5%, while Santos rose 1.6%.
|
|
Tom Pyle has spent his entire professional life working for petroleum.
|
|
The petroleum deficit of $300 million was the lowest on record.
|
|
Legendary investor Warren Buffett endorsed Hollub's hostile takeover of Anadarko Petroleum.
|
|
Gulf Keystone Petroleum, which also operates in Kurdistan, declined to comment.
|
|
Import prices outside petroleum are rising as the dollar's rally fades.
|
|
Woodside Petroleum and Oil Search climbed about 13% and 1.5%, respectively.
|
|
In addition to precious metal, another noteworthy commodity category is petroleum.
|
|
The Organization of the Petroleum Exporting Countries (OPEC) agreed on Nov.
|
|
The plant makes products for chemical and petroleum companies, TPC said.
|
|
Woodside Petroleum gained 2105.84 percent and Beach Energy advanced 233 percent.
|
|
" Laredo Petroleum: "We're going to lay low on oil right now.
|
|
But the 21st World Petroleum Congress is taking place in Moscow.
|
|
Extraction Oil & Gas and Whiting Petroleum slipped 22.7% and 22.9% respectively.
|
|
Index heavyweight Woodside Petroleum fell 0.7%, while Oil Search shed 0.4%.
|
|
UL], which participated in six winning bids, and Qatar Petroleum [QATPE.
|
|
Petroleum inventories fell 1.7 percent after declining 2.1 percent in June.
|
|
Xylene is a solvent that occurs naturally in petroleum, ITC said.
|
|
Production and distribution of petroleum products would also continue, Mantashe said.
|
|
Pollution from drilling, producing, and refining petroleum may have grisly implications.
|
|
In a bright spot, Anadarko Petroleum Corp shares rose 4.0% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a need for any deal to receive the approval of Occidental's shareholders.
|
|
According to U.S. News and World Report, the best college for those who want to study petroleum engineering is University of Texas Permian Basin, where petroleum engineering majors can expect median starting salaries of about $119,500.
|
|
Only state refiners - Indian Oil Corp, Bharat Petroleum Corp, Mangalore Refinery and Petrochemicals and Hindustan Petroleum Corp - accounting for about 60 percent of India's 5 million bpd refining capacity had purchased oil from Iran since November.
|
|
The Petroleum Industry Governance Bill is one part of proposed reforms that make up the sprawling Petroleum Industry Bill (PIB), aimed at overhauling Nigeria's energy sector which has been hobbled by corruption and mismanagement for decades.
|
|
Berkshire Hathaway Inc's plan to inject $2700 billion into Occidental Petroleum Corp's takeover bid for Anadarko Petroleum Corp extends Buffett's strategy of extracting high-yielding preferred shares and stock warrants to fatten his company's bottom line.
|
|
The list includes Dar Petroleum Operating Company, an oil and gas consortium led by China National Petroleum Corp and Malaysia's state-run oil and gas firm Petronas, the two largest oil firms operating in South Sudan.
|
|
The rise in petroleum product stockpiles reinforced fears that demand for the "feedstock" crude that's refined into petroleum products will eventually fall as the world works through the fuels backlog, potentially dragging down oil prices anew.
|
|
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have accused Chevron of attempting to sack thousands of workers in violation of their contracts.
|
|
State-owned refiner Hindustan Petroleum Corp has already halted purchases due to insurance problems, while Bharat Petroleum Corp boosted Iranian purchases earlier this year and expects to sharply cut Iranian flows once the sanctions take effect.
|
|
BOSTON, July 25 (Reuters) - Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum shareholders to ask management to let them weigh in on board and governance issues as it buys rival Anadarko Petroleum Corp.
|
|
As part of the smaller government, the ministry of petroleum and mining have been merged, and will now be headed by Azhari Abdel Qader, who served as minister of petroleum in the previous government, Hassan said.
|
|
The spreadsheet indicates that the NSA was interested in Al Hilal Islamic Bank, Al Quds Bank for Development and Investment, Arab Petroleum Investments Corporation-Bahrain, Arcapita Bank, the Dubai Gold and Commodities Exchange, Kuwait Petroleum Corp.
|
|
About 24 percent of the world's petroleum and petroleum products supply passes through these two waterways, and Iran already has the capability to disrupt oil flows from Hormuz and has threatened to do so this year.
|
|
NEW YORK (Reuters) - Michigan Governor Rick Snyder declared a state of energy emergency on Tuesday because of ongoing problems with a major petroleum products pipeline combined with an unexpected outage at Marathon Petroleum Corp's Detroit refinery.
|
|
HOUSTON, May 10 (Reuters) - Occidental Petroleum Chief Executive Vicki Hollub takes her case for buying Anadarko Petroleum to the company's shareholders on Friday, bolstered by rapid deal-making that put her on the cusp of victory.
|
|
In a bright spot, Anadarko Petroleum Corp shares rose 3.8% after Occidental Petroleum Corp increased the cash component of its $38 billion bid, removing a need for any deal to receive the approval of Occidental's shareholders.
|
|
Occidental Petroleum agreed to sell Anadarko Petroleum Corporation's assets in Algeria, Ghana, Mozambique and South Africa to Total for $8.8 billion if the U.S. oil company succeeds in completing its plan to take over of Anadarko.
|
|
South Korea's GS Energy, Posco and Prism Energy International entered the spot market seeking cargoes, while India's Gujarat State Petroleum Corp (GSPC) and Bharat Petroleum Corp Ltd (BPCL) sought cargoes for March and April, traders said.
|
|
DUBAI, Dec 23 (Reuters) - The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state-owned oil company Sonatrach.
|
|
Chevron's leaders insist the company's fortunes don't rely on dealmaking, but the oil major nevertheless has much to lose if it does not prevail in an ongoing battle with Occidental Petroleum to take control of Anadarko Petroleum.
|
|
The deal is contingent on the wider, $38 billion proposed takeover of Anadarko Petroleum Corp by Occidental Petroleum Corp, which last month outmaneuvered rival Chevron, the No. 2 U.S. oil producer, which had also bid for Anadarko.
|
|
Chevron earnings rose 29%, in line with forecasts, as it benefited from a one-time, $1-billion breakup fee from Anadarko Petroleum, which accepted a higher bid from Occidental Petroleum after agreeing to sell itself to Chevron.
|
|
More recently, Mr. Dourson published a report titled "A case study of potential human health impacts from petroleum coke transfer facilities," that was funded by Koch Industries, which has a subsidiary that handles petroleum coke and coal.
|
|
Iranian Deputy Oil Minister Amir Hossein Zamaninia and officials from National Iranian Oil Company (NIOC) will be in Athens on Friday to meet Hellenic Petroleum executives, an official at Hellenic Petroleum told Reuters on condition of anonymity.
|
|
Marathon Petroleum — Shares of Marathon Petroleum rose more than 3% in midday trading after The Wall Street Journal reported that large shareholders Paul Foster and Jeff Stevens are calling for the company to remove CEO Gary Heminger.
|
|
HOUSTON (Reuters) - Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $623 billion for Anadarko Petroleum Corp, a bid that topped a $33 billion offer by Chevron Corp.
|
|
They also will be reapplied to petroleum-related transactions, including purchases of Iranian oil, petroleum products or petrochemical products, with the government-owned National Iranian Oil Company and other firms, and on Iran's shipping and shipbuilding sectors.
|
|
The American Petroleum Association said the tax could hurt the U.S. economy.
|
|
Prices for imported petroleum jumped 17.23% percent after rising 217.2% in March.
|
|
Ministers from the Organization of the Petroleum Exporting Countries meet on Dec.
|
|
The British Heritage is a British oil tanker operated by British Petroleum.
|
|
Woodside Petroleum and Origin Energy rose 0.9 percent and 1.6 percent, respectively.
|
|
He began his career as a petroleum geologist, working with oil companies.
|
|
The American Petroleum Institute will release its data at 4:30 p.m.
|
|
Woodside Petroleum and Oil Search lost 1.1 percent and 2 percent respectively.
|
|
Inpex Corp rose 1.3 percent and Japan Petroleum Exploration gained 1.7 percent.
|
|
Woodside Petroleum Ltd declined 1 percent, while Santos Ltd slipped 2.23 percent.
|
|
Emmanuel Ibe Kachikwu, the minister of state for petroleum, declined to comment.
|
|
Imported petroleum prices have not risen since gaining 0.8 percent in February.
|
|
Iraq is the Organization of the Petroleum Exporting Countries' second-largest producer.
|
|
Energy expert Nadeem Babar has been appointed to lead the petroleum ministry.
|
|
Prices for imported petroleum jumped 6.1% percent after rising 5.3% in March.
|
|
It's a petroleum distillate commonly used as fuel for Zippo-style lighters.
|
|
The official made the comments at CWC's Iraq Petroleum Conference in Berlin.
|
|
Santos gained 297.282%, Woodside Petroleum advanced 2111.86% and Beach Energy jumped 2111.97%.
|
|
Local producers include Indian Oil Corp, Reliance Industries and Bharat Petroleum Corp.
|
|
Industry group American Petroleum Institute will issue preliminary inventory later on Tuesday.
|
|
Pyongyang imports nearly all of its oil and petroleum products from China.
|
|
The American Petroleum Institute said the tax could hurt the U.S. economy.
|
|
Kachikwu is the minister of state for petroleum, technically a junior minister.
|
|
That pushed the value of petroleum imports to a two-year high.
|
|
The American Petroleum Institute will report inventory data at 4:30 p.m.
|
|
The world was burning, and my entire existence was organized around petroleum.
|
|
The American Petroleum Institute showed a larger than expected drawdown on stockpiles.
|
|
Equinor's partners in the license are DNO, Petoro, Lundin Petroleum and ConocoPhillips.
|
|
Prices for imported industrial supplies and materials excluding petroleum increased 0.4 percent.
|
|
Lithium, the so-called "white petroleum", drives much of the modern world.
|
|
Oil stocks gained, with Santos jumping 61.053%, and Woodside Petroleum up 2.36%.
|
|
On the earnings front, Anadarko Petroleum and General Growth Properties both reporting.
|
|
Trader Guy Adami said he still likes Anadarko Petroleum in the space.
|
|
China Petroleum was up 0.6 percent, while Petrochina was up 0.14 percent.
|
|
Inpex Corp soared 4.0 percent and Japan Petroleum Exploration jumped 4.3 percent.
|
|
Import prices excluding petroleum dipped 0.1 after being unchanged the prior month.
|
|
Brass door fittings are smeared in petroleum jelly to fend off corrosion.
|
|
That is a direct influence to petroleum market brought by the hurricane.
|
|
Some mixed news exists in petroleum market, causing oil prices experience turbulence.
|
|
Industry data from the American Petroleum Institute showed a surprise inventory build.
|
|
Shell, Total, ConocoPhillips, Lundin Petroleum and ExxonMobil were among those awarded acreage.
|
|
But the U.S. exports lots of gasoline, diesel and other petroleum products.
|
|
Import prices excluding petroleum were unchanged after climbing 0.5 percent in July.
|
|
MONTHLY PAYMENTS TO FOREIGN OIL COMPANIES STAND AT $700 MILLION - PETROLEUM MINISTER
|
|
But an 18.7-million barrel increase in petroleum products offset the decline.
|
|
Energy stocks were also lower, with Woodside Petroleum losing about 1.8 percent.
|
|
He was flying from Istanbul where he attended an international petroleum conference.
|
|
Woodside Petroleum Ltd dipped 1.5 percent, while Santos Ltd dropped 3.4 percent.
|
|
An official of CPP's parent, China National Petroleum, also declined to comment.
|
|
Koch, 2000, is founder of Oxbow Carbon, a petroleum and oil refiner.
|
|
"We build 7 million barrels today in total petroleum inventory," Cooper said.
|
|
Petroleum use, however, increased by 1 percent due to low gasoline prices.
|
|
Excluding the energy and petroleum category, producer prices were down 0.1 percent.
|
|
The Organization of the Petroleum Exporting Countries (OPEC) is trying by Nov.
|
|
BP's new playbook: Don't expect a big, flashy campaign like Beyond Petroleum.
|
|
HOUSTON (Reuters) - U.S. oil and natural gas producer Occidental Petroleum Corp (OXY.
|
|
Import prices excluding petroleum dipped 0.1 percent after being unchanged in January.
|
|
Data from the American Petroleum Institute is due at 4:30 p.m.
|
|
The American Petroleum Institute (API) said the greens' central argument is wrong.
|
|
Crude petroleum imports have been trending higher since the middle of 2000.
|
|
Trader Tim Seymour said he likes Anadarko Petroleum for an offensive play.
|
|
Military assets mobilize on petroleum products; they do not run on crude.
|
|
Why it matters: It's the largest refined petroleum network in the country.
|
|
Oil prices found support from looming U.S. sanctions against Iran's petroleum industry.
|
|
Inpex Corp dropped 1.4 percent, Japan Petroleum Exploration Co shed 1.0 percent.
|
|
Inpex Corp dropped 4008.33 percent and Japan Petroleum Exploration shed 4.3 percent.
|
|
Energy stocks rose with oil retailer Bharat Petroleum Corp leading the gains.
|
|
State oil company Qatar Petroleum (QP) owns a majority stake in both.
|
|
Inpex Corp tumbled 3.5 percent and Japan Petroleum Exploration dropped 2.1 percent.
|
|
The miner's entire petroleum division is valued at more than $20 billion.
|
|
The Organization of the Petroleum Exporting Countries agreed in Algiers on Sept.
|
|
Low prices hurt producers concentrated in Texas and other major petroleum states.
|
|
Santos shed 2.18%, Beach Energy dropped 0.323% and Woodside Petroleum slipped 2.07%.
|
|
Woodside Petroleum Ltd was the sub-index's top gainer, adding 1.7 percent.
|
|
Excluding the energy and petroleum category, industrial prices were down 0.7 percent.
|
|
Supplies from the Organization of the Petroleum Exporting Countries (OPEC) remain high.
|
|
TOKYO (Reuters) - The founding family of Japanese petroleum company, Idemitsu Kosan (5019.
|
|
He suggested he might tap the Strategic Petroleum Reserve to add production.
|
|
Oil Search Ltd lost 1.1% while heavyweight Woodside Petroleum traded marginally lower.
|
|
He has recently opposed the company's $38 billion acquisition of Anadarko Petroleum.
|
|
Kyle Isakower is Vice President for Regulatory & Economic Policy, American Petroleum Institute.
|
|
Petroleum production slipped by 6 percent to 48 million barrels of oil.
|
|
Andeavor –The pipeline and refining company will be bought by Marathon Petroleum.
|
|
Through the centuries, it made money through fur, petroleum, and financial services.
|
|
And don't wear cotton socks or coat your feet in petroleum jelly.
|
|
U.S. producer Occidental Petroleum Corp sold the WTI Midland cargo, they said.
|
|
Mining activities had been overseen by the Ministry of Petroleum and Mining.
|
|
Woodside Petroleum Ltd slipped 0.4 percent, while Santos Ltd dropped 93 percent.
|
|
Libya's economy depends heavily upon the export of crude petroleum and gold.
|
|
But 87 days later, British Petroleum (the company responsible) capped the leak.
|
|
Advisers include representatives from Chevron, ConocoPhillips, Shell and the American Petroleum Institute.
|
|
Petroleum imports declined to $2.36 billion from $3.23 billion year-on-year.
|
|
What the industry does: Sells petroleum products at wholesale to other businesses.
|
|
The operator is a Chevron affiliate called Star Deep Water Petroleum Ltd.
|
|
Petroleum engineering majors have a mid-career salary of $183,600 a year
|
|
The company generates thermal power and sells slag, ash and petroleum products.
|
|
Products will also include liquefied petroleum gas, sulfur, asphalt, benzene and paraxylene.
|
|
Cities in Europe and Asia are considering limiting petroleum-powered vehicle access.
|
|
The union is one of the largest markets for Iranian petroleum products.
|
|
Inpex Corp surged 3.0 percent and Japan Petroleum Exploration gained 2.3 percent.
|
|
Woodside Petroleum and Beach Energy tumbled 3.53 percent and 9.59 percent, respectively.
|
|
The Petroleum Marketers Association of Zimbabwe was not immediately available for comment.
|
|
Leading independent gas producers Santos and Woodside Petroleum fell 13 percent each.
|
|
No charges have been alleged against Brightoil Petroleum (Singapore) as a company.
|
|
Moreover, these parties assert that some sectors — coal, natural gas, petroleum, etc.
|
|
There were also declines in sales of petroleum, hardware, paper and metals.
|
|
Kuwait Foreign Petroleum Exploration Company (KUFPEC) offered a cargo for a Sept.
|
|
Shares of Whiting Petroleum, North Dakota's largest oil producer, soared 30 percent.
|
|
Advisers include representatives from Chevron, ConocoPhillips, Shell and the American Petroleum Institute.
|
|
Participants in the license are Statoil, Chevron, Petoro, Lundin Petroleum and ConocoPhillips.
|
|
Go deeper: Reuters has more here on EIA's weekly petroleum data release.
|
|
CPP is a unit of state energy giant China National Petroleum Corp.
|
|
Gradient already had been doing similar work for the American Petroleum Institute.
|
|
Natural gasoline is an intermediate product between condensate and liquefied petroleum gas.
|
|
It won contracts from Qatar Petroleum to provide six offshore drilling rigs.
|
|
The truth is taxpayers and consumers benefit when renewable fuels displace petroleum.
|
|
China's petroleum industry needs to revamp its systems and mechanisms, he said.
|
|
Stephen Comstock is director of tax & accounting policy at American Petroleum Institute.
|
|
Occidental Petroleum (OXY) has lost more than half its value this week.
|
|
His father is a consulting engineer, working on petroleum production, in Houston.
|
|
QATAR PETROLEUM CEO SAYS OFFERING ASSETS OUTSIDE QATAR COULD HELP BIDDERS' CHANCES
|
|
Chevron had struck a deal this spring to buy Anadarko Petroleum APC.
|
|
TO), the Saskatchewan government and the Canadian Association of Petroleum Producers (CAPP).
|
|
Russia and Saudi Arabia are among the world's largest exporters of petroleum.
|
|
In 212, nearly 0003 percent of Puerto Rico's electricity came from petroleum.
|
|
Two years later, they merge with another company to form Zapata Petroleum.
|
|
There were also decreases in exports of petroleum and nonautomative capital goods.
|
|
The other promising alternative cooking fuel in Rwanda is liquefied petroleum gas.
|
|
The petroleum-driven automobile is an evolutionary novelty, barely 150 years old.
|
|
Occidental Petroleum fell more than 12%, while Marathon was down nearly 10%.
|
|
Woodside Petroleum, Oil Search, Santos and Beach Energy declined around 2% each.
|
|
The Organization of the Petroleum Exporting Countries has not cut production enough.
|
|
Materials included polyester, a petroleum-based synthetic fabric that has no absorbency.
|
|
Industry heavyweights Woodside Petroleum and Santos ended 13% and 0.9% higher, respectively.
|
|
Later BPRL, the exploration arm of Bharat Petroleum Corp, joined the negotiations.
|
|
Currently, three petroleum ships are in port with another two waiting offshore.
|
|
For those weighing acquisitions, Bakken operator Oasis Petroleum offers a cautionary tale.
|
|
Industry group the American Petroleum Institute releases figures at 4:30 p.m.
|
|
Hindustan Petroleum Corp shares hit their highest since April 2018, rising 4.5%.
|
|
Energy stocks were also lower, as Woodside Petroleum fell about 1.2 percent.
|
|
Focus on low-cost oil for petroleum products and develop sustainable biofuels.
|
|
Heavyweight Woodside Petroleum Ltd lost 5% while Santos gave up over 7%.
|
|
Analysts think China has nearly finished building its strategic petroleum reserves (SPR).
|
|
Woodside Petroleum Ltd and Oil Search Ltd added about 0.4 percent each.
|
|
OCCIDENTAL PETROLEUM HAS STARTED LAYOFFS IN ADDITION TO VOLUNTARY SEPARATION PACKAGES -COMPANY
|
|
Woodside Petroleum and Santos tumbled 1.1% each, to their lowest since Dec.
|
|
The construction process included removing the underground storage tanks that held petroleum.
|
|
Occidental Petroleum stock fell more than 3 percent in the extended session.
|
|
That was before the shale oil boom redrew the global petroleum map.
|
|
The plant makes products for chemical and petroleum companies, TPC Group said.
|
|
"By Monday, Texas will be in crisis for petroleum fuel," he said.
|
|
He has advised on transactions involving Anadarko Petroleum, Chevron, Halliburton and Ensco.
|
|