Oil & Gas 360º

JUNE 11, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.6 crude oil inventories are 8% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of June 6, 2025. crude oil refinery inputs averaged 17.2

Crude Oil

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. Earlier this year, the U.S.

Oil

Oil & Gas 360º

JULY 9, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 7.1 crude oil inventories are 8% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of July 4, 2025. million barrels from the previous week.

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 “For this week’s crude balance, from refineries, we model an increase in crude runs (+0.2

Barrel

Enverus

JUNE 19, 2025

The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. Strategic Petroleum Reserve is depleted by 200 million barrels to 2021.

Energy

Aresco

JULY 14, 2025

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. Pipelines, refineries, and export terminals followed, creating a full-scale oil ecosystem.

Oil

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 Total petroleum stocks were up 9.0 “At 422.2

Crude Oil

Rigzone

JULY 9, 2025

Image by yamonstro via iStock In an oil and gas report sent to Rigzone by the Macquarie team on Tuesday, Macquarie strategists revealed that they are forecasting that U.S. “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. crude inventories will be up for the week ending July 4.

Barrel

Oil & Gas 360º

JULY 16, 2025

commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.9 crude oil inventories are 8% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of July 11, 2025. crude oil refinery inputs averaged 16.8

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. Total petroleum stocks were up 6.6 “This follows a 7.1

Barrel

Rigzone

JULY 3, 2025

million barrels on June 27, the EIA's latest weekly petroleum status report showed. million barrels on June 27, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 Total petroleum stocks were up 9.6

Crude Oil

Rigzone

JULY 23, 2025

Image by Arsgera via iStock In an oil and gas report sent to Rigzone by the Macquarie Group late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. “For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. “This follows a 3.9

Barrel

Oil & Gas Journal

JULY 23, 2025

The sanctions package imposes bans on exports of refined petroleum products derived from Russian crude, financial and shipping restrictions, and a dynamic price cap on Russian crude, a report form Rystad Energy noted. China has better leverage in this scenario, so the focus has shifted to India’s Nayara refinery.

Refinery

Oil Review Middle East

JULY 31, 2025

Kazakhstan is changing the rules of the game for investors and its own future Kazakhstan, one of the key energy producers in Central Asia, is initiating a difficult but strategically necessary phasing out of the long-standing policy of deep subsidisation of domestic gas prices.

Gas

Rigzone

JULY 24, 2025

million barrels on July 18, the EIA's latest weekly petroleum status report showed. million barrels on July 18, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.2 Total petroleum stocks were down 5.4

Crude Oil

Rigzone

JULY 22, 2025

In the statement, TIPRO noted that the June figure was a decline of 2,700 industry positions from May employment numbers, adding that this represented an increase of 200 jobs in oil and gas extraction and a decrease of 2,900 jobs in the services sector.

Upstream

Rigzone

AUGUST 1, 2025

million barrels on July 25, the EIA's latest weekly petroleum status report showed. million barrels on July 25, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 7.7 Total petroleum stocks were up 7.3

Crude Oil

Rigzone

JULY 30, 2025

Image by Mst Hazera Begum via iStock In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. “For this week’s crude balance, from refineries, we model a small increase in crude runs (+0.1

Barrel

Oil Gas Leads

JULY 26, 2025

When Vicki Hollub became the CEO of Occidental Petroleum nearly a decade ago, she made history as the first woman to lead a major U.S. oil and gas company. US Oil & Gas Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. still imports 2.5 While the U.S.

Energy

McKinsey

JULY 10, 2025

Total industry GVA encompasses the following sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities. “Gross value added and income by detailed industry (NACE Rev.2),” 3 Assuming a 4.3

Transportation

Rigzone

JULY 1, 2025

Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. percent increase and an average growth of 875 jobs per month.

Upstream

Rigzone

JULY 18, 2025

Brent Crude $69.28 -0.35% Natural Gas $3.57 +0.65% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS WTI Flat as EU Targets Russian Refined Fuels by Bloomberg | Catherine Cartier, Mia Gindis | Friday, July 18, 2025 | 4:08 PM EST Oil ended flat as EU sanctions on Russian crude and refined fuels stirred uncertainty in the diesel market.

Barrel

Oil & Gas Journal

JULY 30, 2025

July 30, 2025 2 min read 323929920 © Gearstd | Dreamstime.com US crude oil inventories for the week ended July 25, excluding the Strategic Petroleum Reserve, increased by 7.7 US crude oil refinery inputs averaged 16.9 Refineries operated at 95.4% million bbl At 426.7 million bbl At 426.7 of capacity. million b/d. million b/d.

BBL

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. bpd Superhighway Out of the Permian appeared first on Oil Gas Leads.

Pipeline

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. 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.

Oil

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. Administration would quickly fill up the Strategic Petroleum Reserve.

Crude Oil

Rigzone

JUNE 27, 2025

million barrels on June 20, the EIA's latest weekly petroleum status report showed. million barrels on June 20, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 5.8 Total petroleum stocks were down 3.9

Crude Oil

Mees

JUNE 13, 2025

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 This comes amid a marked increase in refining margins, and should enable Saudi Arabia to cash in on the strong prices. in January to 116.6 in March and 123.5

Transportation

Oil & Gas 360º

JULY 18, 2025

from $60 per barrel, sanctioned another 100 shadow fleet tankers, as well as traders of Russian crude oil and a major customer of the shadow fleet – a refinery in India with Rosneft as its main shareholder. The European Union lowered the price cap on Russian crude oil to $47.60

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

JULY 14, 2025

Under the leadership of Saudi Arabia, the group including the Organization of the Petroleum Exporting Countries and Russia, started to aggressively ramp up production quotas in April for the first time in over three years. Investor jitters were compounded by a significant OPEC+ policy shift. The group is set to add 2.5

Oil

Rigzone

JUNE 8, 2025

Morgan Stanley based its conclusions on a slew of data points, including refinery throughput, cargo exports, pipeline flows, and indications of stockpiling, as well as estimates for production from six different providers. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Still, increases may yet be forthcoming.

Oil

Rigzone

JULY 21, 2025

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS California Governor Proposes to Ease Permits for Oil Drilling by Bloomberg | Nathan Risser | Monday, July 21, 2025 | 11:00 AM EST Shares of in-state drillers climbed on the news. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

Oil

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

Refinery

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.

Refinery

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.

Refinery

True Natural Gas

FEBRUARY 7, 2025

When you think of natural gas, you probably picture a stovetop flame or a home heating system. While these are common uses, natural gas is far more versatile than many people realize. Let’s take a look at seven surprising applications of natural gas. Let’s take a look at seven surprising applications of natural gas.

Natural Gas