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Iran’s Oil and Gas Assets Rocked in Latest Round of Israeli Attacks

OilPrice

Israel launched a series of airstrikes on Tehran’s critical energy infrastructure early Sunday, setting ablaze the city’s main gas depot and a major oil refinery, as the conflict with Iran intensified into its most destructive phase yet.

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Motiva Restarts Unit at Port Arthur Refinery after Lengthy Overhaul

OilPrice

Motiva Enterprises has finally restarted a gasoline-producing unit at its huge Port Arthur refinery in Texas, following several attempts at a restart in recent weeks after an overhaul. The refinerys FCC, which typically converts gas oil into unfinished gasoline, has a capacity of 81,000

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Global Clean Energy Holdings Purchases Bakersfield Refinery

NGT News

and the owner of the Alon Bakersfield Refinery. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. The post Global Clean Energy Holdings Purchases Bakersfield Refinery appeared first on NGT News. Holdings Inc. The total cash consideration paid to Delek U.S.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

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.

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Iraq Launches Najaf Refinery Expansion Project

Iraq Business News: Oil & Gas

Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the expansion of the Najaf [Al-Ashraf] refinery, a strategic project that will increase refining capacity by 70,000 barrels per day. According to the Ministry of Oil, the expansion will raise the refinery's total production to 100,000 barrels per day. By John Lee.

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Diwaniya Refinery to get 70,000 bpd Boost

Iraq Business News: Oil & Gas

Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) processing unit, bringing the refinery's total capacity to 90,000 bpd. Planned outputs include Euro 5-grade gasoline, naphtha, kerosene, gasoil, fuel oil, and liquefied petroleum gas (LPG). Minister of Oil, Eng.

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Supply crunch could send California’s gas prices past $8

Oil & Gas 360º

Citing an analysis by University of Southern California professor Michael Mische, the letter warns that gas prices could spike 75% by 2026 reaching as high as $8.43 per gallon if two major refineries are allowed to shut down as planned. He estimates that gas prices could reach $6.43 Professor Misches projections are stark.

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