The commission set up after the 2010 British Petroleum oil spill is one such example.
Even synthetic lubricating oil is derived from actual petroleum oil.
This news caught traders by surprise, and there may be nothing more prone to outright speculation right now than world oil petroleum supplies.
Relational Investors, a hedge fund, worked with CalSTRS, California's state pension fund for teachers, to fight against overgenerous executive pay at Occidental Petroleum, an oil company.
On his second visit to the kingdom this year, the American leader met Saudi King Abdullah on Friday to renew his appeal for more oil from members of the Organization of Petroleum Exporting Countries to tame record oil prices.
The pipeline is transporting crude oil from Greece to a refinery at Skopje, which was bought in 1999 by Hellenic Petroleum, the Greek state oil company.
Back when the U.S. government ran the giant Elk Hills oil fields in California as a national petroleum reserve, the funding for individual oil wells had to be approved by Congress.
ConocoPhillips refines crude oil into petroleum products such as gasoline, distillates and aviation fuels.
British Petroleum shut down an oil field indefinitely because of rusting and leaking pipes.
This unit also includes the buying, selling and transporting of crude oil and petroleum products.
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Ivanhoe Energy, run by former Occidental Petroleum executives, produces oil and gas in places like China and California.
It shows only a very superficial understanding of Latin America politics, petroleum policies and current oil business developments.
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The EU said the sanctions prohibit the import, purchase and transport of Iranian crude oil and petroleum products as well as related finance and insurance.
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products.
This will come as a surprise to many, but in the past four years U.S. oil and petroleum exports have reached four consecutive record highs--at least since the early '80s.
America needs to reduce its reliance on foreign petroleum, but growing oil production here at home will come hand-in-hand with an even larger glut of associated gas and even lower gas prices.
The British Petroleum ( BP) oil spill in the Gulf of Mexico has blackened a few eyes on both sides of the Atlantic, but the energy sector is still loaded with profit potential for the astute investor.
The Nigerian diesel marketer was briefly a billionaire in 2009 but dropped off FORBES rankings following a steep fall in the share price of his petroleum marketing company, African Petroleum (now Forte Oil) and his very high debt profile.
He wanted the contract to carry Reliance Petroleum's crude oil, but the billionaire controlling owner Mukesh Ambani told him that the railways were just too expensive and he was using the pipelines of his competitors at a 10% discount on IR's price.
There currently appears to be sufficient supply of non-Iranian oil to permit foreign countries to significantly reduce their import of Iranian oil, taking into account current estimates of demand, increased production by countries other than Iran, inventories of crude oil and petroleum products, and available strategic petroleum reserves.
The Times report describes a letter recently sent by a coalition of funds to the following foreign oil companies doing business in Iran: Royal Dutch Shell, Total of France, Repsol of Spain, Eni of Italy, Gazprom of Russia, the China National Petroleum Corporation, the Oil and Natural Gas Corporation of India and Inpex Corporation of Japan.
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Given that Iran, with its currently limited capacity to refine petroleum, is a net oil importer, for the past several years, the notion of banning the Iranian imports of refined petroleum products has been raised every time the IAEA submitted a report on Iran's nuclear program and every time more information came out describing its spectacular progress in missile development and uranium enrichment.
Aberdeen-based oil and gas firm Faroe Petroleum has cut its losses and has increased the amount of oil it expects to produce this year.
Norway is salting away a big chunk of its oil income in a State Petroleum Fund to help pay the pensions of its ageing population when oil and gas production tails off.
Oil firm Dana Petroleum is bringing new wells into production in Egypt, after a successful drilling campaign.
Oil firm Dana Petroleum has been cleared by Egyptian officials to set up a new joint venture in the country.
Occidental Petroleum has been drilling for oil in Colombia for 40 years.
Rising worldwide demand for energy at prices that sustain investment has resulted in higher sales of engines used in oil drilling and petroleum applications.
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Place a tariff on imported crude oil and finished petroleum products.
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