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

Oil Gas Leads

JULY 15, 2025

The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 Spanning over 640 miles with a 1.5 midstream infrastructure.

Pipeline

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 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. The vessel, which usually transports crude oil, was re-configured to carry diesel.

Refinery

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

CNBC: Energy

JUNE 12, 2025

per barrel. per barrel. Oil prices could spike to $120 per barrel or more if Iran closes the Strait of Hormuz in response to an Israeli strike, said Natasha Kaneva, head of global commodities research at JPMorgan. Skip Navigation Markets Pre-Markets U.S. Picture taken May 21, 2018.

Oil

CNBC: Energy

AUGUST 6, 2025

million barrels per day. million barrels per day, of which India takes about 1.7 India has argued that it if it were to stop buying Russian oil, a plan must be put in place to stabilize energy markets, along with a contingency to fill the shortfall in supply if Russian barrels are taken off the market. million and China 1.1

Barrel

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. Skip Navigation Markets Pre-Markets U.S.

IT

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. Canada, the United Kingdom (U.K.), Ireland and Latin America.

Refinery

Oil & Gas 360º

MARCH 17, 2025

per barrel, with West Texas Intermediate at $67.70 per barrel, both up on opening and likely to go higher later in the day, barring bearish news such as the Houthis agreeing to stop bombing ships in the Red Sea. At the time of writing, Brent crude was trading at $71.10

Oil

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.

Field

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.

Refinery

Egypt Oil & Gas

MARCH 19, 2025

According to the results, the well located in the Somogysmson oilfield is capable of producing 1,200 barrels per day. The production of the new well is transported by truck to the Danube Refinery in Szzhalombattaand represents approximately 1% of the MOL Group’s total hydrocarbon production.

Exploration and Production

Oil Gas Leads

MAY 2, 2025

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55

Upstream

Drillers

MARCH 24, 2020

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. While in the past it used to transport the most oil to the United States, now Nigerian oil goes mostly to Asia, Europe, and South America.

Oil

Coolfire Core

OCTOBER 15, 2019

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Producers, wellhead service companies, refineries, shipping companies, and many other players are all part of the overall industry.

Gas

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.,

Refinery

Rextag

FEBRUARY 24, 2025

This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel.

Basin

Oil & Gas 360º

MAY 27, 2025

Saudi Arabia has nine local refineries with a combined capacity of 3.33 million barrels of oil per day (bpd), accounting for roughly 3% of global demand, which are configured to process its domestically produced crude oil. The kingdoms domestic refineries processed 2.94 It operates another 4.3 million bpd in April and 1.42

IT

Oil & Gas 360º

MAY 8, 2025

Chinese crude oil imports topped 12 million barrels per day (bpd) in March, the highest volume since August 2023, as flows of Iranian and Russian crude rebounded from the lows seen early this year with the U.S. a teapot oil refinery, for purchasing and refining hundreds of millions of dollars worth of Iranian crude oil.

Crude Oil

Oil & Gas 360º

MAY 9, 2025

(Oil & Gas 360) – Over the past few weeks, several headlines regarding the international oil business have surprised market watchers: A note on the news: Break-even oil prices- oil and gas 360 The news that the OPEC+ group decided to increase its production rate in May by 411,000 barrels a day (b/d). Iran exports 1.8 million b/d.

Oil

CNBC: Energy

JUNE 15, 2025

per barrel. per barrel. Iranian missiles, meanwhile, damaged a major oil refinery in Haifa, according to The Times of Israel. Skip Navigation Markets Pre-Markets U.S. crude oil rose $2.72, or 3.7%, to $75.67 Global benchmark Brent was up $3.67, or 4.94%, at $77.90 South Pars is one of the largest natural gas fields in the world.

Oil

Energy Outlook Advisors

MAY 1, 2025

In mountains, oil and products move in barrels and containers on mules, often drone-monitored. Hundreds of tankers will transport crude and products on dusty roads to neighboring countries. In mountainous areas, oil and products are shipped in barrels and containers on mules, sometimes monitored by drones. or Europe, to do so.

Oil

CNBC: Energy

JUNE 16, 2025

watch now VIDEO 0:29 00:29 Watch: Iranian news anchor interrupted after Israeli missile appears to hit TV studio News Videos Fire exchanges have continued since Israel's Friday attack against Iran, with Iranian media reporting Tehran's latest strikes hit Tel Aviv, Jerusalem and Haifa, home to a major oil refinery.

Finance