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teapot refinery
Crude Oil News

Washington unveils another package of sanctions aimed at Iran’s oil shipments

May 9, 2025 Stu Turley

ENB Pub Note: This is a significant sanction, and will impact the tariff discussions this weekend with the Trump administration’s team and China. China is not doing very well, and this weekend will be critical. […]

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Downstream

Saudi Deficit & US Oil Cuts: What’s Next for Prices?

May 7, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]

Marathon Petroleum
Crude Oil News

Marathon Petroleum Q1 down on earnings due to weak refining margins

May 6, 2025 Clark Savage

Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of […]

Valero Venicia Refinery - Photo Credit Valero
Big Oil Companies

Ranking the Major Oil Company Q1 Results

May 4, 2025 Clark Savage

ENB Pub Note: Michael and I will cover this article from David Blackmon’s Substack on our Daily Show. We highly recommend subscribing to his and our Substacks. David is at Energy Transition Absurdities Alright, folks, […]

Valero Venicia Refinery - Photo Credit Valero
Diesel

Another Refinery Closure In California Increases States’ Dependency On China

May 2, 2025 Clark Savage

ENB Pub Note: I interviewed Ronald Stein and Mike Umbro for this article, and we had an absolute blast. I am hoping to release that podcast next week. Ronald Stein is dead on right. California, […]

California
Crude Oil News

Newsom asks regulator to keep oil refineries in business – too little too late

April 24, 2025 Clark Savage

ENB Pub Note: Earlier this week, I published: “Bill looking to permanently ban oil and gas activities off California” on the Energy News Beat Substack. And it was pointing out that the energy policies in […]

petroleum
Crude Oil News

Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGLs=hydrocarbon gas liquids In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports […]

Newsom
Climate Crisis

The Golden State Is Strangling Energy Companies—Experts Warn Drivers Will Pay

April 24, 2025 Stu Turley

Valero will close its Benicia Refinery, adding to the oil industry exodus from California and pushing gas prices even higher. ​Valero Energy Corporation has announced it will idle or close its Benicia Refinery in California, […]

Crude Oil News

California Ponders Takeover of Oil Refineries as Facilities Shut Down

April 17, 2025 Clark Savage

ENB Pub Note: Mike Umbro, a great guest on the Energy News Beat Podcast, was mentioned in the article, and his cover picture. He truly has the right ideas for California, unlike the current political […]

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