BOE Report

JUNE 20, 2025

refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 Energy Information Administration said on Friday. million bpd, the U.S.

Refinery

Rigzone

JULY 17, 2025

million barrels on July 11, the EIA's latest weekly petroleum status report showed. million barrels from the week ending July 4 to the week ending July 11, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. million barrels on July 11, 426.0 million barrels, U.S.

Crude Oil

Rigzone

JULY 2, 2025

million barrels for the week ending June 27, an oil and gas report sent to Rigzone by the Macquarie team late Monday revealed. “For this week’s crude balance, from refineries, we model an increase in crude runs (+0.2 million barrels per day),” the Macquarie strategists added in the report.

Barrel

Rigzone

JULY 8, 2025

Image by Yarphoto via iStock The world’s biggest oil product market is hungry for barrels as traders grapple with a summer supply squeeze. The pressure on supplies has been driven by refinery closures on both sides of the Atlantic and a slew of recent outages, as well as the impact of production curbs by key OPEC+ producers.

Barrel

Rigzone

JULY 9, 2025

million barrels for the week ending July 4. million barrel build in the prior week, with the crude balance realizing significantly looser than our expectations,” the strategists stated in the report. “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs.

Barrel

Rigzone

JULY 4, 2025

by Andreas Exarheas | Rigzone Staff | Friday, July 04, 2025 | 6:46 AM EST Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report. according to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently. That figure was a 3.1

Oil

RBN Energy

AUGUST 4, 2025

But PADD 2 refineries are maxed out on heavy crude, so virtually all those incremental barrels will need to keep flowing south to refineries and export terminals along the Gulf Coast. Western Canadian crude oil production is rising fast. Can the pipelines from PADD 2 to PADD 3 handle the higher volumes?

Pipeline

Rigzone

JULY 16, 2025

million barrels for the week ending July 11. million barrel build in the prior week, with the crude balance again realizing significantly looser than our expectations,” the strategists stated in the report. “For this week’s crude balance, from refineries, we model another small reduction in crude runs (-0.1

Barrel

Oil & Gas 360º

JUNE 23, 2025

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

Rextag

JUNE 10, 2025

The sellers are Canada Pension Plan Investment Board (CPP Investments) and Encino Energy. million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. CPP’s head of sustainable energies, Bill Rogers, noted the success of the investment and the strong returns it generated.

Condensate

Valor

JUNE 30, 2025

Read more California regulator recommends pausing oil profit penalty plan Summary : A top California energy regulator has recommended pausing Gov. average, and two announced refinery closures threaten over 17% of the state’s total refining capacity. per barrel, a sharp decrease of $9.41 per gallon versus the $3.20

Energy

Rigzone

JULY 3, 2025

by Andreas Exarheas | Rigzone Staff | Thursday, July 03, 2025 | 7:46 AM EST Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report. produced 20.135 million barrels of oil per day in 2024. produced 13.194 million barrels per day in 2024. The report showed that the U.S.

Condensate

Rigzone

JUNE 27, 2025

million barrels on June 20, the EIA's latest weekly petroleum status report showed. million barrels from the week ending June 13 to the week ending June 20, the U.S. million barrels from the week ending June 13 to the week ending June 20, the U.S. million barrels on June 20, 420.9 million barrels on June 13, and 460.7

Crude Oil

Rigzone

JULY 24, 2025

million barrels on July 18, the EIA's latest weekly petroleum status report showed. million barrels from the week ending July 11 to the week ending July 18, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. million barrels on July 18, 422.2

Crude Oil

Rigzone

JULY 23, 2025

million barrels for the week ending July 18. million barrel draw in the prior week, with the crude balance realizing significantly tighter than our expectations,” the strategists said in the report. “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. million barrels).

Barrel

Oil & Gas 360º

JULY 11, 2025

sanctions on Venezuela’s energy industry since 2019. and European refineries. PDVSA’s crude oil and fuel exports averaged 805,500 barrels per day (bpd) last year, according to preliminary data from its 2024 financial and operational results. The licenses to U.S.

Oil

Oil Gas Leads

JULY 26, 2025

But her story isn’t just about breaking barriers—it’s about reshaping an industry at a time of global uncertainty, technological transformation, and mounting energy demand. Today, Occidental’s transformation is undeniable: Domestic oil production grew from 650,000 barrels per day (bpd) in 2015 to over 1.4 oil and gas company.

Energy

Oil & Gas Journal

JULY 23, 2025

July 23, 2025 4 min read Photo from Nayara Energy. The latest round of European Union (EU) sanctions on Russia took aim at Nayara Energy, a major private refiner in India with deep financial ties to Moscow, drawing strong condemnation from New Delhi and raising concerns about future trade flows in the global oil market.

Refinery

Rigzone

JULY 18, 2025

Image by nuddss via iStock Oil ended the day little changed as traders weighed fresh efforts from the European Union to crimp Russian energy exports. West Texas Intermediate crude held steady to close near $67 a barrel after the EU agreed to a lower price cap for Moscow’s crude as part of a package of sanctions on Moscow.

Barrel

Rigzone

JULY 30, 2025

million barrels for the week ending July 25. million barrel draw in the prior week, with the crude balance realizing looser than our expectations,” the strategists said in the report. “For this week’s crude balance, from refineries, we model a small increase in crude runs (+0.1 million barrels on July 18, 422.2

Barrel

Rigzone

JULY 28, 2025

Image by Aziz Shamuratov via iStock Valero Energy Corp. Valero refineries processed 2.92 million barrels per day (MMbpd) in the April-June quarter, down from 3.01 Refining margin per barrel of throughput averaged $12.35, up from $11.14 We’d love to hear from you, join the conversation on the Rigzone Energy Network.

Refinery

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. All comments are subject to editorial review.

BCF

Rigzone

JULY 21, 2025

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Canteen Workers at Exxon Refinery Due to Strike by Andreas Exarheas | Rigzone Staff | Monday, July 21, 2025 | 5:55 AM EST 'Fawley workers will be famished when the oil refinery's canteen staff strike over poverty pay', UK union Unite said.

Refinery

BOE Report

JULY 30, 2025

(Updates to include price reaction, adds background on refinery data) U.S. crude oil and distillate inventories rose last week, while gasoline stockpiles fell, the Energy Information Administration said on Wednesday. million barrels to 426.7 Crude inventories rose by 7.7

Refinery

Rigzone

JULY 1, 2025

TXOGA President Todd Staples said in the statement, “in these times of geopolitical uncertainty and military conflict, Texas remains not only a supplier of barrels but a builder of confidence” “It is encouraging to see job growth and for Texas and America to be seen as a stable trading partner.

Upstream

Rigzone

JULY 29, 2025

million barrels per day, down 8.6% Sheinbaum’s administration has been working on a broad plan to shore up the struggling oil producer, which has seen output slump to a four-decade low as its aging refineries bleed cash. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Pemex posted a net income of 59.52 billion pesos ($3.2

Finance

Oil & Gas 360º

JULY 14, 2025

Department of Energy has authorized the exchange of up to 1 million barrels from the Strategic Petroleum Reserve (SPR) to ease the crude shortage at Exxon’s refinery in Baton Rouge, Louisiana, after quality issues with the Mars crude grade emerged last week. (Oil Price) – The U.S.

Crude Oil

Rigzone

JULY 20, 2025

Milligan | Monday, July 21, 2025 | 2:55 AM EST The cap on Russian oil, currently set at $60 a barrel, will be lowered to $47.60 The cap on Russian oil, currently set at $60 per barrel, will be lowered to $47.60 A large oil refinery in India, part-owned by Russia’s state-run oil company, Rosneft PJSC, was also blacklisted.

Oil

Rigzone

JUNE 8, 2025

“Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an actual increase in production is hard to detect,” analysts including Martijn Rats said in a June 9 note. million barrels a day this year, outpacing global demand growth of about 800,000 barrels a day.

Oil

Rigzone

JULY 25, 2025

The VLCC Nissos Keros loaded about 2 million barrels of ultra-low sulfur diesel from Saudi Arabia’s Jubail terminal and is currently signaling France where it’s due to arrive Aug. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed.

Crude Oil

Oil & Gas 360º

JULY 15, 2025

(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. Global refinery crude intake posted a sharp increase of 2.1

E&P

Oil & Gas 360º

JUNE 27, 2025

a barrel at 1328 GMT, while U.S. During the 12-day war that started after Israel targeted Iran’s nuclear facilities on June 13, Brent prices rose briefly to above $80 a barrel before slumping to $67 a barrel after U.S. Brent crude futures were up 42 cents, or 0.6%, to $68.15 Data from the U.S. It bought more than 1.8

Oil

Oil & Gas 360º

JULY 14, 2025

Benchmark oil prices are currently near $70 a barrel, down from a 2025 high of $82 in mid-January, but above the four-year low of $62 set in May. million barrels per day of production between April and September. The energy watchdog forecasts global demand to reach 103.7 The group is set to add 2.5 million bpd to 105.1

Oil

Rigzone

JUNE 27, 2025

Image by Chaloemphan via iStock Russia’s oil product exports dropped in June to the lowest in eight months amid extended work at refineries supplying Baltic ports, coupled with efforts to stabilize domestic fuel supplies before the upcoming seasonal surge in agricultural and holiday consumption. 700K Industry Pros can’t be wrong.

Refinery

Rigzone

JULY 25, 2025

Image by Andrii Dodonov via iStock In a statement sent to Rigzone on Friday, UK union Unite announced that workers employed by the Compass Group at ExxonMobil’s Fawley oil refinery who were due to take strike action this weekend have suspended their industrial action.

Refinery

Oil & Gas 360º

JULY 28, 2025

(World Oil) – The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. energy exports were just over $330 billion in 2024. exporters cannot supply that much either!” oil and gas.

Energy

Rigzone

JULY 29, 2025

a barrel while Brent settled above $72 a barrel, with both benchmarks at the highest since June. Asked if he was worried about the impact additional sanctions on Russia would have on the oil market, Trump said he was not concerned, suggesting that the US could ramp up its own energy production. at settle at $69.21

Barrel