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HomeDownstream

Downstream

Nearly 2.5 Million Barrels a Day of US Refining Capacity to Shut for Fall Maintenance
Crude Oil News

U.S. oil refiners to post strong Q1 earnings, but demand outlook dims

April 24, 2023 Mariel Alumit

(Reuters) U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period. Refiners have been riding a wave of favorable […]

Phillips
Downstream

Phillips 66 Attracts Investor Attention with Recent Developments in Oil and Gas Industry

April 24, 2023 Mariel Alumit

Recent developments in the oil and gas industry have attracted the attention of investors around the world. One particular company, Phillips 66 (NYSE:PSX), has been in the spotlight after GW Henssler & Associates Ltd. decreased […]

Crude Oil News

Daily Energy Standup Episode #84 – Norway’s fantastic Natural Gas Exports – Goldman not seeing $100 oil – UBS and Credit Suisse

March 20, 2023 Andy Del Prado

Daily Standup Top Stories How does Norway export its natural gas? But more importantly; to who? March 18, 2023 Allen Santos ​OSLO, March 17 (Reuters) – Norway exported more than 120 billion cubic metres (bcm) of […]

Premium
Downstream

Premium Gasoline at the Pump Is Getting More Expensive

March 17, 2023 Mariel Alumit

​Here’s some bad news for drivers of luxury cars and large sport-utility vehicles who are pumping the top grade of gasoline: the premium they pay over regular fuel is getting pricier.US and European refiners are […]

Cenovus
Downstream

Cenovus closes acquisition of Toledo Refinery

March 2, 2023 Mariel Alumit

​ CALGARY, Alberta, Feb. 28, 2023 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed on the transaction to purchase bp’s 50% interest in the bp-Husky Toledo Refinery in Ohio, effective today. […]

Dr. Matt Chalmers talks about the Ohio train wreck and wellness
Downstream

ENB #105 The Dr. Matt Chalmers stops by to discuss the Ohio train wreck, and it’s impact on the U.S. wellness, and his other wellness projects.

February 20, 2023 Mariel Alumit

Today’s discussion with Dr. Matt Chalmers is an eye-opener on several major issues in the United States. Everyone knows trains are the lifeblood of commerce and energy in the U.S. Oil, coal, and refined critical […]

Downstream

Column: U.S. jet fuel shortage drives airline costs higher

February 18, 2023 Mariel Alumit

​A business jet is refueled using Jet A fuel at the Henderson Executive Airport during the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker LONDON, Feb 16 […]

Downstream

ENB #104 John Gutentag, Enverus, – We have a indepth conversation of new EPA regulations and it’s impact on oil and gas. “Legislation Through Regulations and Taxation Through Regulations.”

February 17, 2023 Mariel Alumit

John and I have a great talk about the new reports from Enverus on the “Upstream Emissions Starting the Decent to Net Zero” and “Say Goodbye to Flaring Uncertainty.” With both of these extensive reports, […]

Russia
Crude Oil News

Chinese Refining Giants Resume Purchases Of Russia’s Flagship Crude

February 16, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com After a brief hiatus around the time the EU embargo and the G7 price cap on Russian crude came into force, China’s largest state-held refiners have resumed purchases of Russia’s […]

U.S
Downstream

EIA forecasts U.S. refinery utilization to average more than 90% in 2023 and 2024

February 13, 2023 Mariel Alumit

February 13, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2023 In our February Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will remain similar to 2022 at above 90% […]

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