McKinsey

JULY 10, 2025

2),” Eurostat, accessed June 2024; “Employment by sex, age, and detailed economic activity (from 2008 onwards, NACE Rev.2 2 two digit level)—1000,” Eurostat, accessed June 2024. In 2024, the European Commission set the CO 2 emission allowance cap at nearly 1.4 percent reduction factor for 2024 to 2027 and 4.4

Transportation 67

Transportation Exploration and Production Pipeline Offshore 67

Rigzone

JULY 2, 2025

“For this week’s crude balance, from refineries, we model an increase in crude runs (+0.2 million barrels on June 21, 2024. million barrels on June 21, 2024, the report revealed. “This follows a 5.8 million barrels per day),” the Macquarie strategists added in the report. million barrels on June 20, 420.9

Barrel 100

Barrel Crude Oil Petroleum Oil 100

Rigzone

JUNE 20, 2025

billion cubic feet) of EU gas imports in the fourth quarter (Q4) of 2024, according to the Commission’s latest quarterly gas market report. The EU imported a total of 70 Bcm in the October-December 2024 period. “The average utilization of this capacity was ‘only’ 42 percent in 2024”, the analysis said.

Gas 75

Gas Oil BCM Pipeline 75

Rigzone

JULY 16, 2025

“For this week’s crude balance, from refineries, we model another small reduction in crude runs (-0.1 million barrels on July 5, 2024, the EIA report showed. million barrels on July 5, 2024, the report revealed. “This follows a 7.1 million barrels per day). million barrels per day) and imports (+0.4

Barrel 70

Barrel Crude Oil Petroleum Oil 70

Rigzone

JULY 17, 2025

million barrels on July 12, 2024. million barrels on July 12, 2024, the report revealed. crude oil refinery inputs averaged 16.8 “Refineries operated at 93.9 That report, which was released on July 16 and included data for the week ending July 11, showed that crude oil stocks, not including the SPR, stood at 422.2

Crude Oil 106

Crude Oil Oil Barrel Petroleum 106

Rigzone

JULY 9, 2025

“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. million barrels on June 28, 2024. million barrels on June 28, 2024, the EIA report revealed. “This follows a 3.8 Among net imports, we model a sharp reduction, with exports up (+0.7 million barrels on June 27, 415.1

Barrel 100

Barrel Crude Oil Petroleum Oil 100

Oil Gas Leads

JULY 26, 2025

million bpd in 2024 , according to company filings. million bpd in 2024 , according to the U.S. Renewables are growing rapidly, but they account for just 13% of global energy consumption as of 2024. to 3 million barrels of heavy crude per day , due to legacy refinery configurations built before the shale boom. In the U.S.,

Energy 52

Energy Energy Consulting Oil 52

Rigzone

JUNE 27, 2025

Block 15-1 provides stable crude oil to the domestic market through the Dung Quat Oil Refinery, and also brings natural gas to serve the gas industry in the Southeast region, making it “one of the strategic pillars [of] the national energy system,” Petrovietnam said.

BCF 62

BCF Field Natural Gas Exploration and Production 62

Rigzone

JULY 3, 2025

million barrels on June 28, 2024. million barrels on June 28, 2024, the report revealed. crude oil refinery inputs averaged 17.1 “Refineries operated at 94.9 It showed that crude oil stocks, not including the SPR, stood at 419.0 million barrels on June 27, 415.1 million barrels on June 20, and 448.5

Crude Oil 105

Crude Oil Barrel Oil Petroleum 105

Rigzone

JULY 23, 2025

“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. million barrels on July 12, 2024. million barrels on July 12, 2024, the EIA report revealed. “This follows a 3.9 Among net imports, we model a large reduction, with exports up (+0.4 million barrels on July 11, 426.0

Barrel 62

Barrel Crude Oil Petroleum Oil 62

Rigzone

JULY 24, 2025

million barrels on July 19, 2024. million barrels on July 19, 2024, the report revealed. crude oil refinery inputs averaged 16.9 “Refineries operated at 95.5 million barrels on July 12, 2024. It showed that crude oil stocks, not including the SPR, stood at 419.0 million barrels on July 18, 422.2

Crude Oil 86

Crude Oil Oil Barrel Petroleum 86

Oil Gas Leads

JULY 15, 2025

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. miles Current Permitted Mileage (2024): 521.71 Spanning over 640 miles with a 1.5

Pipeline 52

Pipeline Basin Midstream Crude Oil 52

Oil Gas Leads

JULY 16, 2025

Sustain Low-Carbon Leadership in the Permian Environmental performance remains central. onshore portfolio through targeted sales and strategic redeployment.

Basin 52

Basin Operator Midstream Oil 52

Mees

JUNE 13, 2025

Any figure above 100 represents an increase against 2021 levels, and the April figure is the highest since at least January 2023 – the March figure was just below May 2024 levels. The latest IPI figures from the Saudi statistics agency show that the IPI for the “Manufacture of coke and refined petroleum products” increased from 97.4

Transportation 52

Transportation Oil Refinery Gas 52

Mees

JULY 18, 2025

An oil leak in late May had forced the shutdown of the 385km pipeline connecting subsidiary Agoco’s 10,000 b/d Hamada fields on the Ghadames Block NC-8A in the west of the country to the 120,000 b/d Zawiya refinery ( MEES, 30 May ).

Pipeline 52

Pipeline Refinery Shutdown Downstream 52

Rigzone

JULY 25, 2025

The MoU establishes a collaborative framework to explore multiple pipeline and rail corridors, and expansion of processing hubs for critical minerals.

Transportation 62

Transportation Upstream Oil Gas 62

Rigzone

JUNE 27, 2025

million barrels on June 21, 2024. million barrels on June 21, 2024, the report revealed. crude oil refinery inputs averaged 17 million barrels per day during the week ending June 20. “Refineries operated at 94.7 million barrels on June 20, 420.9 million barrels on June 13, and 460.7 million barrels on June 20, 402.3

Crude Oil 75

Crude Oil Barrel Oil Petroleum 75

Mees

JUNE 6, 2025

Israel’s refinery output for Q1 dropped 16% from the previous quarter to 243,500 b/d, or 82% of nameplate capacity, according to the latest filings from the country’s two refineries: the 197,000 b/d Bazan Refinery at Haifa in the north and the 100,000 b/d Ashdod Refinery in southern Israel.

Refinery 52

Refinery Maintenance Shutdown Oil 52

Oil & Gas 360º

JUNE 6, 2025

Earlier this year, Spain’s imports of crude oil from Venezuela jumped by nearly 60% in January and February compared to the same period of 2024. Chevron and Italy’s Eni, allowed by the Biden Administration to operate in Venezuela and export its crude to refineries in lieu of payments by Venezuelan state oil firm PDVSA.

Crude Oil 130

Crude Oil Oil Operator Refinery 130

Mees

JULY 18, 2025

Contracts for the $1.8bn complex were awarded in 2020, with an initial planned startup date of end-2024 ( MEES, 11 December 2020 ). The APOC facility is centered around an 843,000 t/y capacity Propane Dehydrogenation (PDH) plant alongside two polypropylene plants with combined capacity of 800,000 t/y and a 70,000 t/y isopropanol (IPA) unit.

Finance 52

Finance Transportation Gas Oil 52

Rigzone

JULY 21, 2025

Late last week, the 27-nation bloc agreed on a package of sanctions against Moscow, including a lower price cap on the country’s crude and a ban on a large refinery in India. 1 deadline. Still, restrictions on Russian diesel won’t fully come into effect until January. a barrel in New York.

Oil 62

Oil Barrel Refinery Energy 62

CNBC: Energy

JUNE 16, 2025

Iran's missile strikes also damaged an oil refinery in Haifa, the Times of Israel reported. " Allen pointed out that while Brent crude prices jumped around 7% on Friday to roughly $74 a barrel, the international oil benchmark is still below its 2024 average of roughly $80.

IT 41

IT Oil Finance Supply Chain 41

OilPrice

APRIL 29, 2025

The only refinery in Scotland has stopped processing crude oil after 100 years of operation, as planned by its owners who announced the decision in the autumn of 2024.

Refinery 305

Refinery Oil Crude Oil Operator 305

Permian Basin Oil and Gas Magazine

JUNE 16, 2025

the son of a refinery worker. In adult, married life, he raised a severely handicapped, mentally and physically, son (deceased in 2024). You’ve got to be looking for that marker zone, because when you find that, that’s when you need to be ready to pull out of the hole and put the coring bit on the drill string.”

Drilling Mud 64

Drilling Mud Basin Engineer Engineering 64

OilPrice

APRIL 16, 2025

In the first 11 months of 2024, Russian oil accounted for roughly 65% of Turkeys According to trading sources and shipping data reviewed by Reuters, the company restarted imports following a drop in Urals prices below the G7's price cap, reaching their lowest point since 2023.

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Refinery Oil Crude Oil 271

OilPrice

MARCH 10, 2025

Shandong Yulong Petrochemical started up its first crude processing unit of 200,000 bpd in September 2024. This unit has kept crude processing rates at 90% of capacity since November. Now the refiner, whose refining and chemicals complex is worth

Refinery 218

Refinery Oil Crude Oil Barrel 218

Oil & Gas 360º

MARCH 6, 2025

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. refinery utilization stood at 85.6% lower than average 2024 levels. crude exports in 2024.

Refinery 130

Refinery Maintenance Barrel Pipeline 130

Egypt Oil & Gas

APRIL 10, 2025

The first South Pars Gas Refinery achieved strong operational performance during the Iranian year 1403 (March 2024 March 2025), producing over 10 billion cubic meters (bcm) of sweetened gas, according to a report by SHANA. In addition to sweetened gas, the refinery also produced over 7.26

Refinery 59

Refinery Gas Gas Condensate BCM 59

OilPrice

JUNE 4, 2025

sanctions and refinery maintenance, Bloomberg has reported, citing data from Vortexa. million barrels of crude to China daily, which was 20% lower than export flows in May 2024. Crude oil exports from Iran to its biggest buyer, China, shrank last month on tighter U.S. Per that data, Iran shipped a little over 1.1

Oil 174

Oil Crude Oil Refinery Maintenance 174

BOE Report

MAY 18, 2025

Chinese independent refineries accounted for 77% of Iran 2024 exports *Iranian imports are discounted, offering profits uplift *Removal of sanctions will undermine teapots’ business model By Ron Bousso LONDON, May 19 – The possible lifting of U.S. sanctions on Iran’s oil exports [Read more]

Refinery 86

Refinery Oil 86

Oil & Gas 360º

MARCH 12, 2025

The green hydrogen from RWE will be used in TotalEnergies Leuna refinery in Germany to reduce the plants carbon emissions. The agreement makes Totals refinery in Leuna an anchor customer for RWEs electrolysis plant. The green hydrogen will be produced at RWEs 300-megawatt (MW) electrolysis plant in Lingen, western Germany.

Refinery 130

Refinery Utilities Natural Gas Gas 130

Egypt Oil & Gas

MARCH 26, 2025

The Chairman and CEO of MIDOR, Amr Lotfy, reported a 63% increase in net profit after tax, amounting to $129 million in 2024. The company significantly increased its production, refining more than 46 million barrels during 2024, compared to approximately 29 million barrels in 2023.

Refinery 52

Refinery Petroleum Completion Field 52

Oil & Gas 360º

MARCH 6, 2025

Still, Mexico exported more than 600,000 barrels per day (bpd) on average to the United States in 2024, according to data from the U.S. One trader believes that only refineries in Asia would be suited to process Mexicos heavier crudes due to the refinery specifications to work with heavy crude grades.

Oil 130

Oil Refinery Government Barrel 130

Egypt Oil & Gas

MARCH 27, 2025

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the General Assembly meeting of the Egyptian Company for Operation and Maintenance of Projects (EPROM) to review its 2024 business performance. The post EPROMs 2024 Net Profits Reached EGP 1.096B first appeared on Egypt Oil & Gas.

Maintenance 52

Maintenance Petroleum Refinery Field 52

Egypt Oil & Gas

MARCH 27, 2025

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the general assembly meeting of the Engineering for the Petroleum & Process Industries (Enppi), the engineering and training arm of the petroleum sector, to discuss and approve the results of the 2024 business year.

Petroleum 52

Petroleum Engineer Engineering Refinery 52

Oil & Gas 360º

MARCH 18, 2025

During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. The drilling of the new well in the Somogysmson oilfield, called Som-8, began on November 25, 2024, and was completed after 33 days. In 2024, it produced an average of 93.8 billion m3) of domestic production.

Field 130

Field Exploration and Production Oil E&P 130

Egypt Oil & Gas

MARCH 24, 2025

Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. The company’s marine dock received 153 tankers in 2024, compared to 63 tankers in 2023, in light of the reduction of ship berth periods.

Petroleum 52

Petroleum Control Systems Field Completion 52