Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts higher than Thursday, it is down 5.2cts from last week and 11cts lower than a month ago.

Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in fact, one of the worst-performing large-cap energy stocks of 2024,

NORTHAMPTON, MA / ACCESS Newswire / January 16, 2025 / Key Points The Bluestone natural gas plant has become the only facility in the U.S. natural gas processing sector ever to achieve the EPA's ENERGY STAR Challenge

Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable on Wednesday, Jan. 15. That is in line with the prior payout. This is Warren Buffett's favorite energy stock,

The Biden administration on Thursday rolled out last-minute plans to add protections for more than 3 million acres of the National Petroleum Reserve-Alaska for subsistence resources. A portion of the areas chosen for additional protections is close to Nuiqsut,

President-elect Trump is gearing up to support the oil and gas industry by directing agencies to unwind climate rules

Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.

President John Mahama has appointed Edward Bawa as the Acting Chief Executive Officer for the Ghana National Petroleum Corporation pending further consultations

A controversial offshore petroleum exploration licence has been cancelled by the federal government, citing reasons of public interest.

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

Crude oil imports during the nine-month period grew by 3.2%, with December showing a marginal 1.0% increase year-on-year.

President Joe Biden may be leaving the White House in a matter of days, but his environmental legacy may stick around for much longer than his successor would like. The Washington Post reported Friday that President-elect Donald Trump's stated goal of rolling back Biden's climate and environmental policies could prove difficult over the next four