BP's 440,000-barrel-per-day refinery in Whiting, Indiana, is back to operating at normal rates after taking multiple units offline due to a severe thunderstorm last week, industry monitor IIR said on Wednesday. Operations at the Whiting refinery were affected due to flooding after a thunderstorm swept through the region. BP did not immediately respond to a request for comment. The Whiting refinery, the largest in the U.S. Midwest, produces a wide range of liquid fuels, including gasoline, [Read more]
News
EQT in talks with NextDecade for LNG Supply, Bloomberg News reports
EQT Corp is in talks to take a supply of liquefied natural gas from NextDecade's export terminal, which is being built in Texas, Bloomberg News reported on Wednesday, citing people familiar with the matter. Under the terms of the potential deal, EQT would load the super-chilled fuel from the Rio Grande LNG export facility, the report said. EQT and NextDecade did not immediately respond to Reuters' requests for comment. Commercial activity in the U.S. LNG sector has been increasing [Read more]
US imported Venezuelan crude oil for the first time last week since July, EIA says
The United States imported crude oil from Venezuela last week for the first time since Washington gave Chevron Corp a new license to operate in the South American country, data from the Energy Information Administration showed. About 74,000 barrels per day of Venezuelan crude oil arrived at U.S. ports in the week ended August 22, the EIA data showed. Prior to that, the U.S. had not imported Venezuelan crude oil since the week ended July 4, the data showed. (Reporting by Shariq Khan and [Read more]
US crude stocks, fuel inventories fall as demand rises, EIA says
U.S. crude stocks, gasoline, and distillate inventories fell last week as demand rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.4 million barrels to 418.3 million barrels in the week ended August 22, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.9-million-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery hub dropped by 838,000 barrels last week, the EIA said. Oil futures extended gains following the [Read more]
US natgas rises over 3% on bargain buying, strong LNG export flows
U.S. natural gas futures rose over 3% on Wednesday after a sharp decline earlier this week, buoyed by bargain buying and strong LNG export flows. Front-month gas futures for September delivery on the New York Mercantile Exchange traded 9.7 cents higher, or 3.6%, to $2.81 per million British thermal units at 10:18 a.m. EDT (1418 GMT). The contract, which expires today, had touched a 10-month low on Monday, its weakest since November 4, 2024. "I think the market has sold off a lot. The [Read more]
“Get a job” will always mean “get a job”
About 50 years ago, a time span which is somewhere between “ancient history” and “I remember when”, depending where you are on the Gen Z <-> Boomer continuum, accountants plied their trade in a way that would blow most young minds of today. Transactions were recorded line by line in ledger books, in pencil. Ledger books are still available today, but you’d have to be some sort of luddite kook to use one. Absolutely no one is into retro accounting. Each transaction’s debits and credits were [Read more]
EQT to buy LNG from Sempra’s Port Arthur Phase 2 project
Sempra will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas from the Port Arthur LNG Phase 2 development project to EQT Corp for 20 years, the companies said on Wednesday. Commercial activity in the U.S. LNG sector has been increasing rapidly after President Donald Trump lifted a moratorium on new liquefied natural gas export permits soon after taking office in January. Sempra's Port Arthur Phase 2 project won U.S. approval in May to export LNG to markets in Europe and [Read more]
Trump tariffs force much-needed petrochemicals contraction: Bousso
U.S. President Donald Trump's trade wars are nudging the global plastics industry toward a painful but necessary restructuring to address acute overcapacity that has kept the industry’s profits in a prolonged slump. Demand for plastics – from packaging and manufactured goods to solar panels and car parts – is expected to grow sharply in the coming decades as middle classes grow in large economies, particularly in Asia. This means more oil demand. Consumption of petrochemical feedstocks – [Read more]
Harvest Midstream accelerates expansion with $1 billion acquisition of MPLX Uinta and Green River Basin gas gathering & processing assets
HOUSTON, Aug. 27, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") today announced the signing of a purchase and sale agreement with MPLX LP (NYSE: MPLX) for the acquisition of an extensive natural gas gathering and processing network in the Uinta and Green River basins across Wyoming, Utah, and Colorado for $1 billion. The transaction is expected to close in the fourth quarter of 2025 and marks a significant milestone in Harvest's continued evolution into one of the nation's leading privately [Read more]
Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report
Calgary, Alberta--(Newsfile Corp. - August 27, 2025) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") has provided an Operations Update, Reserve Report, and Resource Report. OPERATIONS UPDATE Coelacanth completed and commissioned its new battery facility in early June and subsequently started to systematically place the 9 previously drilled Montney wells from the 5-19 pad on production. Although Coelacanth has chosen to moderate the pace of wells brought on-stream [Read more]
- « Previous Page
- 1
- …
- 470
- 471
- 472
- 473
- 474
- …
- 3807
- Next Page »