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Oil Refinery
Aramco’s Motiva Expands Texas Refinery to Become Largest in US
Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US.The refinery can now process as much a…
Oil Price
Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices edged up to a two-week high on Tuesday as sanctions rais…
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Oil Field
New U.S. Metals Tariffs to Drive up Oilfield Equipment Costs, Championx Exec Says
Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019.ChampionX (CHX.O), expects new U.S. import tariffs on steel and aluminium to drive up e…
Oil Price
Oil Gains Nearly 2% Despite Trade War Concerns
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.Oil prices rose nearly 2% on Monday after posting their third s…
Oil Refinery
Refinery Fire Drives up Gas Prices in Arizona, Highlighting California Reliance
A fire at one Northern California refinery responsible for 10% of the state’s gasoline production has resulted in higher gas prices in California, Arizona…
Oil Price
Oil Ticks Higher as Investors Weigh New US Tariffs
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.Oil prices ticked higher on Monday even as investors weighed U.…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023.U.S. ener…
Oil Price
Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.Oil prices rose marginally in Asian trade on Friday but were on tra…
Oil Shale
Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader
Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s…
Crude Oil
US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.Growth in oil output from…
Oil Price
Oil Little Changed as Trump Policies Continue to Weigh on Prices
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices edged up in Asian trading on Thursday…
Oil Price
Fuel Oil Rally Expected to Stall as Market Shakes off US-Iran Policy
A boat passes in front of an oil refinery located on Singapore's Jurong Island March 28, 2009.Fuel oil margins climbed after U.S. President Donald Trump rei…
Oil Price
Oil Mixed as Trump Restores Pressure on Iran, Tariff Drama Caps Prices
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024.Oil prices diverged at settlement on Tuesday amid ta…
Oil & Gas Trade
Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019.Canadian pension fund CPP Investments is weighing strategic options, including a sale or…
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