Oil & Gas 360º

MAY 14, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 4.0 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending May 9, 2025 U.S. crude oil refinery inputs averaged 16.4 crude oil refinery inputs averaged 16.4

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Oil & Gas 360º

MAY 7, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.0 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending May 2, 2025 U.S. crude oil refinery inputs averaged 16.1 crude oil refinery inputs averaged 16.1

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Oil & Gas 360º

APRIL 30, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.7 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending April 25, 2025 U.S. crude oil refinery inputs averaged 16.1 Refineries operated at 88.6%

Crude Oil 130

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Oil & Gas 360º

APRIL 23, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.2 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending April 18, 2025 U.S. crude oil refinery inputs averaged 15.9 Refineries operated at 88.1%

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Oil & Gas 360º

APRIL 16, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.5 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending April 11, 2025 U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.3%

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Oil & Gas 360º

APRIL 9, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 2.6 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending April 4, 2025 U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.7%

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Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 2, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 6.2 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending March 28, 2025 U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.0%

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Oil & Gas 360º

MARCH 26, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.3 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending March 21, 2025 U.S. crude oil refinery inputs averaged 15.8 Refineries operated at 87.0%

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MARCH 12, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending March 7, 2025 U.S. crude oil refinery inputs averaged 15.7 Refineries operated at 86.5%

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MARCH 5, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 million barrels from the previous week. million barrels, U.S. Summary of weekly petroleum data for the week ending February 28, 2025 U.S. crude oil refinery inputs averaged 15.4 Refineries operated at 85.9%

Crude Oil 130

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OilPrice

MAY 28, 2025

Chinas Geo-Jade Petroleum has signed a swathe of major contracts that give Beijing control over Iraqs first fully integrated energy project.

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Refinery Energy Energy Petroleum 183

Enverus

JUNE 19, 2025

Targeted Strikes Rattle Oil Markets Recent attacks on Iranian energy facilities caused a spike in oil prices, with Brent crude rising about $10 per barrel in the past month. Current market conditions suggest oil should be trading in the high $70s to low $80s per barrel based strictly on current OECD crude and product stock levels.

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OilPrice

MAY 15, 2025

Asias imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery maintenance at key fuel exporters in the region and softer demand for gasoline and diesel. million barrels in April, down from 195.54 Asias imports of light and middle distillates slumped to 166.37

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BOE Report

JUNE 21, 2025

Marathon Petroleum continued assessing damage on Friday to the shut residual hydrotreating unit (RHU) at its 631,000-barrel-per-day Galveston Bay Refinery in Texas City, Texas, from a June 14 fire, said people familiar with plant operations.

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Refinery Petroleum Barrel Operator 59

Oil & Gas 360º

APRIL 17, 2025

billion was recorded for the Benicia and Wilmington refineries, and is expected to be treated as a special item and excluded from first quarter 2025 adjusted earnings. Valero owns 15 petroleum refineries located in the U.S., million barrels per day. Valero owns 15 petroleum refineries located in the U.S.,

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Iraq Business News: Oil & Gas

MARCH 31, 2025

Al-Sudani has announced that Iraq's refining capacity will soon reach 1,542,000 barrels per day (bpd) following the expansion of key refineries. During a visit to Maysan province, the Prime Minister inaugurated the Maysan [Missan] Refinery Development Project , which will increase its capacity from 40,000 to 110,000 bpd.

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Refinery Government Petroleum Completion 64

Iraq Business News: Oil & Gas

MAY 17, 2025

Iraq's South Refineries Company (SRC) is nearing the completion of its Fluid Catalytic Cracking (FCC) project, with 98% of the work done. Deputy Prime Minister and Minister of Oil, Hayan Abdul Ghani, emphasized the importance of boosting production to achieve self-sufficiency in petroleum products during his visit to the site.

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Refinery Completion Petroleum Oil 59

Iraq Business News: Oil & Gas

FEBRUARY 9, 2025

Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.

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Refinery Drivers Petroleum Barrel 52

Iraq Business News: Oil & Gas

FEBRUARY 11, 2025

The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. The Deputy Minister called on refinery staff to ensure efficient operations and uninterrupted fuel supply.

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Refinery Oil Petroleum Barrel 52

Oil & Gas 360º

MAY 9, 2025

The Organization of Petroleum Exporting Countries (OPEC), + other world exporters announcing Monday, that production limits will be increased 411,000 barrels per day in June deflated the spot market price of West Texas Intermediate (WTI) crude oil back below $60 per barrel (Figure 1, red line). million barrels (mmb) to 443.1

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Crude Oil Energy Energy Barrel 130

Iraq Business News: Oil & Gas

FEBRUARY 5, 2025

Al-Sudani has overseen the signing of an $800-million contract for the expansion of Al-Diwaniya Refinery , adding a 70,000 barrel-per-day (bpd) atmospheric distillation unit to raise total capacity to 90,000 bpd. It will also facilitate the Al-Shanafiyah power plant, secure petroleum product supplies, and generate employment.

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Refinery Petroleum Utilities Barrel 52

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.

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Oil Barrel Gas Refinery 70

BOE Report

APRIL 7, 2025

OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to domestic refineries and Iranian and Venezuelan supply dropped on renewed U.S. The Organization of the Petroleum Exporting Countries pumped 26.63 million barrels per day last month, down 110,000 bpd [Read more]

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Refinery Oil Petroleum Barrel 59

Oil & Gas 360º

APRIL 3, 2025

Kyari was the longest-serving CEO of the NNPC, which become a company in 2021 under a new petroleum law passed by the West African nations government. NNPC is also clearing the way for aninitial public offeringin a process thats spanned a decade.

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RBN Energy

APRIL 20, 2025

Consumption of petroleum-based refined products is declining due to a host of factors including increased renewable diesel (RD) usage, slowing population growth, electric vehicle (EV) penetration and fuel efficiency improvements, just to name a few, but thats only half the story.

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Crude Oil Downstream Refinery Petroleum 62

Egypt Oil & Gas

MARCH 26, 2025

This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), attended by the Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and review the companys fiscal year results in 2024.

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Oil & Gas 360º

MARCH 18, 2025

Based on the well tests carried out prior to March 2025, the well is currently proven to be capable of producing 1,200 bpd, which is transported by truck to the Danube Refinery in Szzhalombatta. thousand barrels of oil equivalent per day (boed). This new discovery will also help meet the country’s energy needs.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Thats its lowest in decades, according to Reuters , as the company has admitted it is struggling with crude quality.

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Iraq Business News: Oil & Gas

MAY 21, 2025

Iraq's Ministry of Oil has signed a major contract for the South Basra Integrated Project with a consortium comprising China's Geo-Jade Petroleum and Iraq's Crescent Basra (Hilal Al-Basra). The project includes: Increasing production at Al-Tubba [Tuba] field from 20,000 to 100,000 barrels per day (bpd). By John Lee.

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Energy Energy Refinery Petroleum 49

Rextag

NOVEMBER 25, 2024

As winter approaches, the interplay between refinery activity, import volumes, and demand for refined products will be crucial. crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. million barrels to 389.2 million barrels.

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Refinery Barrel Oil Crude Oil 40

Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. million barrels per day (bpd) in 2024 to 13.6 The terminal will load up to 1 million barrels per day onto the worlds largest tankers, boosting U.S. million barrels Summary : U.S. million barrels to 432.5

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The Energy Law

JULY 26, 2013

By Greg Johnson and Stephen Wiegand In a July 17, 2013 decision, the United States Court of Appeals for the Fifth Circuit vacated a $6 million dollar penalty levied under the Clean Water Act (“CWA”) against CITGO Petroleum Corporation (“CITGO”) and remanded the matter to the Western District of Louisiana for further consideration.

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Casing Petroleum Barrel Refinery 40

The Energy Law

MAY 26, 2016

District Court Judge Dee Drell (Western District, LA) recently denied a motion to alter or amend the Court’s judgment against CITGO Petroleum Corp.– Charles refinery. CITGO Petroleum Corp., The EPA sought a penalty of $4,300 per barrel. CITGO Petroleum Corp., In the original judgment , U.S. Adm’r of E.P.A.

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Casing Petroleum Refinery Barrel 40

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. Energy Information Administration.

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Drillers

MARCH 24, 2020

That was formed in 1977 under the name National Nigeria Petroleum Company. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. The government has been fighting the illicit refineries for years.

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Oil & Gas 360º

MARCH 20, 2025

(Investing) –The Department of the Treasurys Office of Foreign Assets Control (OFAC) today announced sanctions against a teapot oil refinery and its CEO for purchasing and refining Iranian crude oil worth hundreds of millions of dollars. The refinery, known as Shandong Shouguang Luqing Petrochemical Co.,

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Rextag

FEBRUARY 24, 2025

Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. Gulf Coast refineries.

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