European oil refineries bet on green projects to secure long-term future
By Robert Harvey and Enes Tunagur LONDON (Reuters) -European oil refineries are having to invest in energy transition…
Forget OPEC Warnings The Real Oil Shock Is Happening Inside Russia
While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and…
Ukraine Stepping Up Drone Attacks on Russian Oil Assets
Ukrainians services use a reconnaissance drone to look for Russian logistical facilities. (Bloomberg) — Ukraine is increasingly targeting…
‘Lake’ of oil sits under soon-to-close refinery; who’s cleaning it up?
This article was produced by Capital & Main. It is published here with permission. One of Los Angeles County’s most…
Oil Rises as Possible Rate Cut Outweighs Bearish Supply Outlook
Oil refineries in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil rose after Federal Reserve Chair Jerome Powell signaled…
Why oil refinery outlooks vary a lot on region
The U.S. is a global leader in refining — and that’s expected to remain true even as demand…
Halting Russian crude could cost India billions, warn Analysts
An SBI Research report from August 8 said if India stopped oil imports from Russia during the rest…
Gas prices could hit $8/gallon as two refineries shut down
Two large California oil refineries are shutting down, triggering mounting concerns from state legislators, industry groups and many…
Citgo Petroleum Auction Bid Deadline Extended to June 18 – News and Statistics
May 31, 2025 The deadline for submitting improved bids in the court-organized auction of shares in the parent…
Family business in Texas indicted in Mexican drug cartel oil scheme
Prosecutors say a family operating an oil terminal in Texas received 2,881 shipments of smuggled oil connected to…
Gas prices drop as hurricane season looms, AAA warns of potential spikes
LAS VEGAS (KSNV) — With crude oil prices hovering in the low $60s per barrel, drivers are enjoying…
Why are all the oil refineries leaving California, and is it time to do something about it
Another oil refinery will soon be closing in California. That’s in addition to a refinery already scheduled to…