Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA Crude Oil Stocks Drop Week on Week by Andreas Exarheas | Rigzone Staff | Thursday, July 17, 2025 | 10:48 AM EST Crude oil stocks, not including the SPR, stood at 422.2 “At 422.2

Crude Oil

Oil & Gas 360º

JULY 16, 2025

Weekly Crude Oil Storage as of July 11, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.9 crude oil refinery inputs averaged 16.8 Refineries operated at 93.9% of their operable capacity last week. crude oil imports averaged 6.4

Crude Oil

Oil & Gas 360º

JULY 8, 2025

(Oil Price) – Saudi Arabia’s crude exports soared by 412,000 barrels per day (bpd) in April from March, the latest data by the Joint Organizations Data Initiative (JODI) showed on Tuesday. 3d render Saudi Arabia, the world’s top crude exporter, saw its exports in April at an average of 6.17 million bpd.

Crude Oil

Rigzone

JULY 3, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 It showed that crude oil stocks, not including the SPR, stood at 419.0 Crude oil in the SPR stood at 402.8 Crude oil in the SPR stood at 402.8 Image by Mst Hazera Begum via iStock U.S.

Crude Oil

Rigzone

JULY 24, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.2 It showed that crude oil stocks, not including the SPR, stood at 419.0 Crude oil in the SPR stood at 402.5 Crude oil in the SPR stood at 402.5 Image by champc via iStock U.S.

Crude Oil

Oil & Gas 360º

JUNE 23, 2025

This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.

Gas

Permian Basin Oil and Gas Magazine

JULY 15, 2025

Energy Information Administration, the share of the nation’s crude oil and petroleum imports from OPEC countries has declined 77 percent since 2006. EIA said total crude oil and petroleum imports from Canada to U.S. EIA said total crude oil and petroleum imports from Canada to U.S. The post U.S.

Crude Oil

Rigzone

AUGUST 1, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 7.7 It showed that crude oil stocks, not including the SPR, stood at 426.7 Crude oil in the SPR stood at 402.7 Crude oil in the SPR stood at 402.7 Image by yamonstro via iStock U.S.

Crude Oil

Rigzone

JUNE 28, 2025

Image by Kreativorks via iStock Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to widen the company’s investor base. The oil facility can processes 650,000 barrels of crude a day, making it the continent’s biggest refinery.

Refinery

Oil & Gas 360º

JULY 11, 2025

(Investing) – VIENNA -The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet summer travel demand. Given rising seasonal demand, refinery crude processing rates will increase by 3.7

IT

Oil & Gas 360º

JULY 31, 2025

Department of State designated a fourth China-based crude oil and petroleum products terminal, Zhoushan Jinrun Petroleum Transfer Co Ltd, as it “has a demonstrated pattern of accepting Iranian crude oil and petroleum products, including from U.S.-designated designated tankers.” Overall, the U.S. sanctions Zhoushan

Oil

Rigzone

JULY 3, 2025

The figures also exclude oil shales/kerogen extracted in solid form, the report revealed. Top Crude Oil and Condensate Producer The EI’s latest statistical review of world energy showed that the U.S. was also the world’s top producer of crude oil and condensate. According to the report, the U.S.

Condensate

Rigzone

AUGUST 6, 2025

crude inventories will be up for the week ending August 1. crude inventories will be up for the week ending August 1. crude inventories will be up for the week ending August 1. crude inventories will be up by 1.3 “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs.

Barrel

Rigzone

JUNE 20, 2025

Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22

Gas

Rigzone

JULY 2, 2025

crude inventories will be down for the week ending June 27. crude inventories will be down for the week ending June 27. crude inventories will be down by 1.3 million barrels for the week ending June 27, an oil and gas report sent to Rigzone by the Macquarie team late Monday revealed. “This follows a 5.8

Barrel

Rigzone

AUGUST 7, 2025

0% Brent Crude $66.39 -0.06% Natural Gas $3.08 +0.29% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA Crude Oil Inventories Drop 3 Million Barrels Week on Week by Andreas Exarheas | Rigzone Staff | Thursday, August 07, 2025 | 9:58 AM EST Crude oil stocks, not including the SPR, stood at 423.7

Crude Oil

Oil & Gas 360º

JUNE 26, 2025

(BOE Report) – CALGARY – Canada’s biggest crude oil shipper says a lot needs to happen before it would propose a new pipeline to the West Coast. so that more oilsands crude can be exported to Asia by tanker. which operates the Keystone pipeline connecting Alberta crude to refineries in the U.S.

Pipeline

Aresco

JULY 14, 2025

The First Oil Well in the World The first oil well in the world was Bibi Heybat, located near Baku in present-day Azerbaijan, drilled in 1846. Let’s take a closer look at this remarkable chapter in global industrial history and the foundational role it played in shaping the modern oil and gas industry.

Oil

Crude Oil Futures

AUGUST 5, 2025

The US crude stocks, a key statistic that determines the price of crude oil in the world, have been steadily rising since June, despite the nation being in the peak summer driving season, from April to September. Despite the threats from the US, Russian oil supply, meanwhile, has been steadily adding over 7.3

Crude Oil

Rigzone

JULY 16, 2025

Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Macquarie Strategists See WoW USA Crude Inventory Build by Andreas Exarheas | Rigzone Staff | Wednesday, July 16, 2025 | 5:27 AM EST Macquarie strategists are forecasting that U.S. crude inventories will be up for the week ending July 11.

Barrel

Rigzone

JULY 9, 2025

crude inventories will be up for the week ending July 4. crude inventories will be up for the week ending July 4. crude inventories will be up for the week ending July 4. crude inventories will be up by 2.7 “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs.

Barrel

Rigzone

JULY 7, 2025

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. "We have concluded the last legacy contract for Russian crude deliveries to the Czech Republic.

Oil

Rigzone

JUNE 27, 2025

commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 5.8 This report, which was released on June 25 and included data for the week ending June 20, showed that crude oil stocks, not including the SPR, stood at 415.1 Crude oil in the SPR stood at 402.5

Crude Oil

Oil & Gas 360º

JULY 11, 2025

oil major Chevron (NYSE: CVX ) and other foreign firms in Venezuela have allowed a slight recovery in oil output and exports since 2023. In late May, however, Washington revoked those licenses to take Venezuelan crude bound for U.S. and European refineries. The licenses to U.S.

Oil

Rigzone

JULY 23, 2025

crude inventories will be down for the week ending July 18. crude inventories will be down for the week ending July 18. crude inventories will be down for the week ending July 18. crude inventories will be down by 5.6 “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs.

Barrel

Valor

JUNE 30, 2025

June 30, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Newsom’s 2023 law to penalize oil companies for excess profits, a policy that has not yet been implemented. This comes as California gas prices hit $4.61 crude oil proved reserves fell 3.9%

Energy

Oil & Gas Journal

AUGUST 4, 2025

Also progressing with planned conversion of idled 84,000-b/d conventional refinery in Livorno, Tuscany, into what will become Italy’s third biorefinery. Robert Brelsford Aug. 4, 2025 3 min read Key Highlights "Will contribute to reaching our 2030 target to increase our [system-wide] biorefining capacity to over 5 million tpy."

Exploration and Production

Oil Review Middle East

AUGUST 6, 2025

The decrease was mainly due to the impact of lower revenues (due to lower crude oil prices and lower refined and chemical products prices) as well as higher operating costs, according to the company. Aramco declared a Q2 2025 base dividend of US$21.1bn and a performance-linked dividend of US$0.2bn to be paid in the third quarter.

Crude Oil

Rigzone

JUNE 27, 2025

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6

BCF

Rigzone

JULY 30, 2025

crude inventories will be up for the week ending July 25. crude inventories will be up for the week ending July 25. crude inventories will be up for the week ending July 25. crude inventories will be up by 4.7 “For this week’s crude balance, from refineries, we model a small increase in crude runs (+0.1

Barrel

Oil & Gas Journal

JULY 30, 2025

million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated. million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report indicated. US crude oil refinery inputs averaged 16.9

BBL

Oil Gas Leads

JULY 26, 2025

oil and gas company. US Oil & Gas Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. crude oil production hit 13.2 the world’s top oil producer. These moves align with a global shift toward low-carbon oil production.

Energy

Oil Gas Leads

JULY 16, 2025

Optimize Infrastructure Utilization The Wink to Webster crude oil pipeline—operated by ExxonMobil—continues running near full capacity (~1.35 Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. million bpd out of 1.5

Basin

Rigzone

JULY 20, 2025

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS UK Joins EU in Lowering Price Cap on Russian Oil by Bloomberg | A. 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 Nardelli, A.

Oil

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. Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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.

Crude Oil

Rigzone

JULY 25, 2025

The vessel, which usually transports crude oil, was re-configured to carry diesel. Europe’s diesel market remains under pressure , driven by a combination of lower refinery output, costly rerouting of imports to replace shunned Russian supplies and sanctions-related uncertainty. 700K Industry Pros can’t be wrong.

Refinery