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Exxon vs Chevron For The Future of Guyana

April 8, 2024 Andy Del Prado

Daily Standup Top Stories California Emits More Greenhouse Gas Than All Other U.S. States Combined April 6, 2024 Stu Turley California, renowned for its stringent climate policies, has been identified as the leading emitter of sulfuryl […]

Gasoline Prices
Downstream

Why gas prices in California ‘have gone ballistic’

April 6, 2024 Stu Turley

Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of time. The Golden State’s average at the pump surged by $0.23 to $5.27 per gallon on Friday […]

Russia
Crude Oil News

Russia Is Struggling to Repair Refineries Due to Sanctions

April 5, 2024 Mariel Alumit

Due to the sanctions, Russia cannot access spare parts from Western engineering companies that have provided refinery equipment in the past, leaving Russian refiners struggling to repair damaged units, multiple industry sources in Russia have […]

Indian Oil - Energy News Beat
Crude Oil News

Indian Oil in Talks with State Nuclear Firm for Small Reactors

April 4, 2024 Stu Turley

Refiner looks to build SMRs for clean power use in refineries Indian Oil’s R&D director Sharma speaks in New Delhi Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and […]

Aramco
Downstream

Aramco Awards Deals Worth $7.7B for Major Gas Plant Expansion

April 4, 2024 Mariel Alumit

In a statement posted on its website recently, Saudi Aramco announced that it has awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a “major expansion” of the company’s Fadhili Gas Plant in […]

U.S. ethane
Downstream

U.S. ethane production, consumption, and exports set new records again in 2023

April 4, 2024 Mariel Alumit

U.S. ethane production, consumption, and exports established new record highs in 2023, according to data from our Petroleum Supply Monthly. Continued growth in ethane consumption in the global petrochemical sector and rising ethane recovery associated with […]

refining capacity
Crude Oil News

14% of Russian refining capacity offline as Ukrainian drones head further inland

April 3, 2024 Mariel Alumit

Ukrainian forces hit Russia’s third-largest oil refinery with a drone strike on Tuesday but with no critical damage. This time the target was a unit of the Taneco refinery in Tatarstan. The refinery is a […]

Ukrainian Drones
Crude Oil News

Ukrainian Drones Hit Russia’s Third-Largest Oil Refinery

April 2, 2024 Mariel Alumit

Ukrainian drones hit the primary refining unit of Russia’s third-largest refinery southeast of Moscow more than 800 miles from the front line, Reuters reported on Tuesday. The Taneco refinery of Russian company Tatneft in Tatarstan, an industrialized […]

global oil refining capacity
Downstream

More than 20% of global oil refining capacity at risk, analysis finds

March 28, 2024 Mariel Alumit

LONDON, March 28 (Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the […]

gas
Downstream

Gasoline Prices Are High And Probably Going Higher

March 28, 2024 Mariel Alumit

Americans are feeling pain at the gas pump again, and consensus is rising that the pain won’t be easing anytime soon. If traders, analysts and industry executives are right, consumers could be looking back on […]

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