Aresco

JULY 14, 2025

Pipelines, refineries, and export terminals followed, creating a full-scale oil ecosystem. When people think of the origins of the oil industry, their minds often go to Titusville, Pennsylvania, where Edwin Drake drilled the first successful oil well in the United States in 1859.

Oil

Rigzone

JULY 16, 2025

“For this week’s crude balance, from refineries, we model another small reduction in crude runs (-0.1 “Rounding out the picture, we anticipate a small draw in SPR [Strategic Petroleum Reserve] stocks (-0.3 Total petroleum stocks were up 6.6 “This follows a 7.1 million barrels per day).

Barrel

Rigzone

JULY 3, 2025

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 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were up 9.6

Crude Oil

Rigzone

JULY 9, 2025

“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. “Rounding out the picture, we anticipate another small increase in SPR [Strategic Petroleum Reserve] stocks (+0.2 Total petroleum stocks were up 9.6 “This follows a 3.8 transfers), we look for a bounce (+1.2

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

Rigzone

JULY 23, 2025

“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. “Rounding out the picture, we anticipate another small draw in SPR [Strategic Petroleum Reserve] stocks (-0.2 Total petroleum stocks were up 9.0 “This follows a 3.9 million barrels per day) and imports down (-0.7

Barrel

Rigzone

JULY 24, 2025

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 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were down 5.4

Crude Oil

Rigzone

AUGUST 6, 2025

“For this week’s crude balance, from refineries, we model a minimal reduction in crude runs. “Rounding out the picture, we anticipate another small build in SPR [Strategic Petroleum Reserve] stocks (+0.3 Total petroleum stocks were up 7.3 “This follows a 7.7 million barrels per day) and imports down (-0.2

Barrel

Rigzone

AUGUST 1, 2025

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 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were up 7.3

Crude Oil

Daily Energy Report

AUGUST 6, 2025

Figure (1) shows trends in Russian exports of crude and Petroleum products. August 06, 2025 Note: It is tax time, and we need time to finalize all the paperwork. There will be no Daily Energy Reports Thursday and Friday, but we will be in touch in case of breaking or significant news. mb/d, as Chinese demand dropped.

Energy

McKinsey

JULY 10, 2025

The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 “EU Emissions Trading System: Scope of the EU ETS,” European Commission.

Transportation

Oil Review Middle East

JULY 31, 2025

Government regulation required gas processing plants to sell liquefied petroleum gas and petroleum products on the domestic market at prices that were significantly lower than the operating cost. Such a price disparity positioned Kazakhstan as a unique anomaly on the global energy map.

Gas

Rigzone

JULY 30, 2025

“For this week’s crude balance, from refineries, we model a small increase in crude runs (+0.1 “Rounding out the picture, we anticipate a small build in SPR [Strategic Petroleum Reserve] stocks (+0.2 Total petroleum stocks were down 5.4 “This follows a 3.2 million barrels per day) and imports up (+0.7

Barrel

Rigzone

JULY 22, 2025

This was followed by Gasoline Stations with Convenience Stores, with 1,388 postings, Petroleum Refineries, with 849 postings, and Natural Gas Distribution, with 636 postings, TIPRO highlighted in the statement. TIPRO said in the statement that fluctuations in monthly employment are normal and subject to revisions with CES data.

Upstream

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. One of her boldest moves was the acquisition of Anadarko Petroleum for $59 billion—outbidding Chevron and reshaping Oxy’s asset base. oil and gas company. still imports 2.5 While the U.S.

Energy

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

Rigzone

AUGUST 4, 2025

Image by Mrinal Pal via iStock State-owned Hindustan Petroleum Corp. HPCL) has signed a heads of agreement with ADNOC Gas PLC for the delivery of 500,000 metric tons a year of liquefied natural gas (LNG) for 10 years to India. and GAIL India Ltd. Last February ADNOC Gas announced a 14-year deal to supply up to 1.2 MMtpa of LNG to Indian Oil.

Natural Gas

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. Spanning over 640 miles with a 1.5 midstream infrastructure.

Pipeline

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 Propane-propylene inventories increased by 1.1 of capacity.

BBL

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

JULY 20, 2025

EU states earlier approved a fresh sanctions package on Russia that included new banking restrictions and curbs on fuels made from the nation’s petroleum. A large oil refinery in India, part-owned by Russia’s state-run oil company, Rosneft PJSC, was also blacklisted. on September 2, the UK government said.

Oil

Rigzone

JUNE 27, 2025

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 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. 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 Otherwise, Moscow faces new sanctions on its oil exports.

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. “Notably, it does not appear that production in Saudi Arabia has ramped up significantly.”

Oil

CNBC: Energy

AUGUST 6, 2025

"In case India decides to cut Russian oil imports, the refineries likely would try to find alternative barrels from the Middle East, as they used to rely on those barrels until 2022. If this supply was to be removed from the market, prices would skyrocket, according to the industry sources in the Indian petroleum sector.

Barrel

Rigzone

AUGUST 4, 2025

0% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Tankers Deliver Russian Crude to India Despite USA and EU Pressure by Bloomberg | Weilun Soon, Rakesh Sharma | Monday, August 04, 2025 | 4:00 PM EST At least four tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend.

Refinery

CNBC: Energy

JUNE 16, 2025

Iran's missile strikes also damaged an oil refinery in Haifa, the Times of Israel reported. Oil prices fell. Gold, the ultimate safe-haven asset, also edged lower. Abroad, the pan-European Stoxx 600 was slightly higher and stock indexes in the Asia-Pacific region climbed, too. So why is the market on Monday so far shrugging it all off?

IT

OilPrice

MARCH 19, 2025

Nigerias Dangote Petroleum Refinery has suspended sales of petroleum in the country after it stopped receiving naira-denominated crude cargoes from the state-owned Nigerian National Petroleum Company (NNPC). To date, our sales of petroleum products in naira have

Petroleum

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.

Refinery

OilPrice

MAY 28, 2025

While Saudi Arabia has been restricting crude oil production and exports as part of the OPEC+ deal, it has been running refineries at near-record levels this year and exporting record-high volumes of refined petroleum products. Stronger refining margins and higher exports of petroleum products have generated more income

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., Valero continues to evaluate strategic alternatives for its remaining operations in California.

Refinery

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. It also includes the construction of a 520,000-tonne annual capacity fertilizer plant, developing a

Refinery

OilPrice

MAY 21, 2025

We have opened (to imports from Russia) since last May, Taufik Aditiyawarman, the chief executive of the Kilang Pertamina International refinery unit, said on the sidelines of a conference of the Indonesian Petroleum Association, as carried by Reuters.

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