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Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump

Oil & Gas 360º

oil major Chevron (NYSE: CVX ) and other foreign firms in Venezuela have allowed a slight recovery in oil output and exports since 2023. and European refineries. That would be an over 15% hike from almost 700,000 bpd in 2023, according to data and documents viewed by Reuters. The licenses to U.S.

Oil 130
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ORLEN Ceases All Supply of Russian Oil

Rigzone

The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Since April 2023, all of the crude processed by ORLEN’s Polish and Lithuanian refineries has been sourced from non-Russian sources, the company stated.

Oil 67
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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

Gas 130
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Valor | Energy Connection – June 30, 2025

Valor

Read more Oil set for steepest weekly decline in two years as risk subsides Summary : Oil was set for its steepest weekly drop (~12%) since March 2023 as Mideast risk premium evaporated, with Brent crude falling from over $80 during the 12-day conflict to $68.15. in 2023 to 46.4 This comes as California gas prices hit $4.61

Energy 52
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

“ETS database v51,” European Environment Agency, May 2023. The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries.

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Chevron Lummus, Neste Make Progress on New Waste-to-Fuel Tech

Rigzone: News

ISOTERRA was installed in Chevron’s El Segundo Refinery in California in late 2023. The two-step process involves hydrodeoxygenation of feeds such as vegetable, algae and palm and used cooking oils, followed by dewaxing to meet cold flow property specifications. Last year ISOTERRA was selected for a SAF project in China.

Oil 62
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Wink to Webster: The 1.5M bpd Superhighway Out of the Permian

Oil Gas Leads

Since entering full service in 2023 , the system has enabled ExxonMobil and its partners to exert greater control over Permian production flows, optimize refinery supply chains, and enhance export capabilities—solidifying its role as a cornerstone of U.S. Spanning over 640 miles with a 1.5 miles Current Permitted Mileage (2024): 521.71