Story By Melanie Goodfellow |DEADLINE EXCLUSIVE: Uri Singer’s Passage Pictures has announced a new feature Sands of Fortune, delving into the story behind...
In an unprecedented shift in financial strategy, leading U.S. energy corporations spent a more significant portion of their earnings rewarding shareholders in...
By: KUNM – The Bureau of Land Management has proposed comprehensive changes to its rules for oil and gas leasing on federal...
Story By Kevin George |Investopedia| Independent shale oil exploration and production (E&P) company Permian Resources (PR) said it would buy rival driller...
RIO DE JANEIRO (AP) — Ecuadorians voted against drilling for oil in a protected area of the Amazon, an important decision that...
Jennifer Gray, CNN Meteorologist |CNN| Areas along the South Texas coast are under tropical storm alerts for a yet-to-form system that could...
By: Reuters – China’s crude oil imports from top exporter Saudi Arabia are expected to remain depressed through the third quarter, analysts...
Elizabeth Low, Jack Wittels and Chunzi Xu -(Bloomberg) -Via Yahoo News. At any other time in history, the current state of the...
Phillips 66 has announced its intention to lay off approximately 100 employees from the Finance and Procurement sectors based in Bartlesville. Following...
By: AP – U.S. oil field workers and their immediate relatives would be compensated for uninsured medical costs related to air pollution...
U.S. stocks booked big gains on Thursday after President Trump's awaited trade-war update included no deadline or concrete specifics on how "reciprocal tariffs" might be applied.
The Dow Jones closed about 342 points higher, or 0.8%, ending near 44,711, according to preliminary data. That was its best daily percentage gain since Jan. 23, according to FactSet.
The S&P 500 gained about 63 points, or 1%, ending around 6,115. That was slightly below its closing high at 6,118.71, set on Jan. 23, 2025.
The Nasdaq Composite rose about 295 points, or 1.5%, finishing around 19,945.
Motiva’s expansion comes alongside the closure of two other refineries: LyondellBasell Industries NV’s Houston plant and Phillips 66’s Los Angeles facility, both set to shutter this year.
Motiva ran more than 600,000 barrels of oil a day on average last year and 651,000 barrels a day in December, according to data from the Railroad Commission of Texas. By contrast, Marathon’s Galveston Bay and Exxon’s Beaumont plants, both in Texas, averaged 551,000 and 583,000 barrels per day in 2024.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
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