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The First Oil Well in the World – Bibi Heybat

Aresco

Pipelines, refineries, and export terminals followed, creating a full-scale oil ecosystem. Yet, through experimentation and persistence, they achieved something revolutionary: the ability to extract petroleum in meaningful, scalable quantities.

Oil
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Rystad: New EU sanctions hit India's Nayara refinery

Oil & Gas Journal

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.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

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. Transport type: Offshore pipeline transport costs are typically 1.3

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Texas Industry Groups Look at June Upstream Employment

Rigzone

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.

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EIA: US crude inventories up 7.7 million bbl

Oil & Gas Journal

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
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DOE okays exchange from SPR to Exxon to ease crude quality issue

Oil & Gas 360º

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.

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Nigeria hires former CEO of Shell unit to lead state oil company

Oil & Gas 360º

Kyari was the longest-serving CEO of the NNPC, which become a company in 2021 under a new petroleum law passed by the West African nations government. The new board has been asked to conduct a strategic review of NNPC-operated and joint venture assets to ensure alignment with value-maximization objectives, Onanuga said.

Oil