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Laredo Petroleum (LPI) Releases Quarterly Earnings Results, Misses Expectations By $0.03 EPS - Fairfield Current

Laredo Petroleum (NYSE:LPI) released its quarterly earnings results on Monday, November 5th. The oil and gas producer reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.30 by ($0.03), ...

Here's what Anadarko is paying its newly promoted executives - Houston Business Journal

Houston-based Anadarko Petroleum Corp. (NYSE: APC) gave its new president, Robert Gwin, a $1.2 million raise after his promotion from CFO on Nov. 15. The company's board of directors approved a salary increase for Gwin from $750,000 annually to $1 ...

Data Shows Recession Fears May Be Overblown:: Whiting Petroleum Corporation, (NYSE: WLL) - Nyse News Updates (press release)

On 20-11-2018 (Tuesday), Shares of Whiting Petroleum Corporation, (NYSE: WLL) displayed a change of -8.87 after which it closed the day' session at $28.77. The volume amounted to 5363991 shares which compares with the average volume of 2.96M ...

Oasis Petroleum (NYSE:OAS) Announces Earnings Results, Misses Estimates By $0.04 EPS - Fairfield Current

Oasis Petroleum (NYSE:OAS) issued its earnings results on Monday, November 5th. The energy producer reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04), Briefing.com reports. Oasis Petroleum had a negative net ...

Can The Williams Companies, Inc. (WMB) And Anadarko Petroleum Corporation (APC) Power Ahead? - GV Times

80.95% of Wall Street brokerage firms rate The Williams Companies, Inc. (NYSE:WMB) as a Buy, while 0% out of others covering the stock see it as a Sell. The rest 19.05% describe it as a Hold. WMB stock traded higher to an intra-day high of $25.16. At ...

Beware The High Valuation:: Oasis Petroleum Inc., (NYSE: OAS) - StocksNewsPro (press release)

EPS is the portion of a company's profit allocated to each exceptional share of common accretion. EPS serves as a pointer of a company's profitability. EPS is generally considered to be the and no-one else most important variable in determining a ...

MGX Minerals Announces Completion of Gasification Scoping Study for Petroleum Coke to Hydrogen with Vanadium ... - GuruFocus.com

VANCOUVER, British Columbia , Nov. 21, 2018 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / MGXMF) and Highbury Energy Inc. (“Highbury”) are pleased to report completion of a comprehensive study ...

ConocoPhillips leads charge in North Slope oil revival - E&E News

ANCHORAGE, Alaska — In December 2016, ConocoPhillips surprised Alaska oil industry observers by bidding $18.5 million for a block of leases in the National Petroleum Reserve-Alaska, more than any oil company had spent on petroleum reserve ...

Technically Speaking For November 20: Ultra Petroleum Corp. (UPL), LivaNova PLC (LIVN) - The RNS Daily

Ultra Petroleum Corp. (UPL) sank -23.2% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -84.79% and is now down by -84.66 ...

Faroe Petroleum commences drilling of Brasse East exploration well - WorldOil

ABERDEEN -- Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced the commencement of the Faroe-operated Brasse East exploration well ...

Whiting Petroleum Corporation (WLL): Is It Time For Value Stock To Shine? - The RNS Daily

Whiting Petroleum Corporation (NYSE:WLL) closing share price quoted for November 20, 2018 was $28.77. The -8.87% drop might have been tempting for an investor to sell at this point but in fact that would prove a short-sighted mistake, as sell-side ...

LOs storm Petroleum office over delays - POST-COURIER

BY STEPHEN R MASE. UPNG Journalism student. FRUSTRATED landowners from Hela Province stormed the Department of Petroleum office at Konedobu yesterday causing a fight that spilled over onto the nearby Lawes Road area. This caused locals from ...

Will Oasis Petroleum Inc. (OAS) Stock Be Helped By This Analyst Note? - KYMA News

Analysts at Susquehanna upped their rating on shares of Oasis Petroleum Inc. (NYSE:OAS) from Neutral to Positive in their opinion released on November 15. SunTrust analysts bumped their recommendation on OAS stock from Sell to Hold in a separate ...

Marathon Petroleum Corporation (MPC) Beating Back Fear For Growth Investors - KYMA News

Marathon Petroleum Corporation (MPC) will probably climb 68.25 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $125-month high price target. This represents a whopping 101.97 percent ...

Things Investors Need to Scrutinize: AbbVie Inc. (ABBV), Oasis Petroleum Inc. (OAS) - GV Times

8 analysts out of 20 Wall Street brokerage firms rate AbbVie Inc. (NYSE:ABBV) as a Buy, while 3 see it as a Sell. The rest 9 describe it as a Hold. ABBV stock traded higher to an intra-day high of $89.71. At one point in session, its potential ...

Whiting Petroleum Corp (WLL) Could Go to $78: Analysts - ExpertGazette

Whiting Petroleum Corp (NYSE:WLL) has grabbed attention from the analysts, when it saw a value decrease of -8.87% or -2.8 points in the last trading session to close at $28.77. A total of 5.37 Million shares exchanged hands during the intra-day trade ...

Interior to rewrite management plan for petroleum reserve - KTUU.com

The Alaska Journal of Commerce reports Assistant Interior Secretary Joe Balash says the department will soon begin evaluating the 2013 management plan for the National Petroleum Reserve-Alaska, looking for areas where it can be revised. The Bureau of ...

At What Point Should You Sell? Callon Petroleum Company (CPE) - The RNS Daily

Callon Petroleum Company (NYSE:CPE) closing share price quoted for November 20, 2018 was $9.22. The -4.65% drop might have been tempting for an investor to sell at this point but in fact that would prove a short-sighted mistake, as sell-side analysts ...

Anadarko Petroleum Corporation (APC) Has A New Target - The RNS Daily

The -5.86% drop in Anadarko Petroleum Corporation (NYSE:APC) might have been tempting for an investor to sell at this point but in fact that would prove a short-sighted mistake, as sell-side analysts think there is almost 91.02% more gain yet to come ...

Whiting Petroleum Corporation (WLL) Stock: Worth Taking a Bite? - Financial Mercury

Shares of Whiting Petroleum Corporation (NYSE:WLL) recorded -8.87% loss during trading session on November 20th, 2018. The script traded as low as $28.44 and last traded at $28.77. 5.36 million shares changed exchanged hands during trading, a drop ...

Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface, which is commonly refined into various types of fuels. Components of petroleum are separated using a technique called fractional distillation.

Proven world oil reserves, 2013. Unconventional reservoirs such as natural heavy oil and oil sands are included.
Pumpjack pumping an oil well near Lubbock, Texas
An oil refinery in Mina-Al-Ahmadi, Kuwait
Natural petroleum spring in Korňa, Slovakia

Petroleum (from Latin: petra: "rock" + oleum: "oil".) is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface, which is commonly refined into various types of fuels. Components of petroleum are separated using a technique called fractional distillation.

It consists of hydrocarbons of various molecular weights and other organic compounds. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that are made up of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and subjected to both intense heat and pressure.

Petroleum has mostly been recovered by oil drilling (natural petroleum springs are rare). Drilling is carried out after studies of structural geology (at the reservoir scale), sedimentary basin analysis, and reservoir characterization (mainly in terms of the porosity and permeability of geologic reservoir structures) have been completed. It is refined and separated, most easily by distillation, into a large number of consumer products, from gasoline (petrol) and kerosene to asphalt and chemical reagents used to make plastics and pharmaceuticals. Petroleum is used in manufacturing a wide variety of materials, and it is estimated that the world consumes about 95 million barrels each day.

Concern over the depletion of the earth's finite reserves of oil, and the effect this would have on a society dependent on it, is a concept known as peak oil. The use of fossil fuels, such as petroleum will have a negative impact on Earth's biosphere, damaging ecosystems through events such as oil spills and releasing a range of pollutants into the air including ground-level ozone and sulfur dioxide from sulfur impurities in fossil fuels. The burning of fossil fuels plays the major role in the current episode of global warming.

Science - How petroleum was formed, its extraction, refining and uses - English

This video explains how petroleum was formed. It describes how petroleum is extracted and refined and explains why it is called “liquid Gold” through showing ...

How petroleum exploration and refining process

This video explain how crude oil was explored, explain the drilling process, transporting crude oil to refinery,distillation process till final product petrol obtained...

21 Uses for Petroleum Jelly You Don’t Know About

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FORMATION OF PETROLEUM

Oil and Gas Formation

A fast paced explanation of how many oil and gas deposits form and how we explore for them.

PROOF Oil IS NOT a Fossil Fuel (Petroleum IS NOT Dinosaurs!! It's Natural!!) | FE PROOF 43

Lava, Tectonic Plates x Continents ARE NOT What You Were Told!! | ALL EPISODES [by Feed Your Mind] ...