U.S.
Refinery closures may lead to higher gasoline prices on the U.S. West Coast
California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the U.S. West Coast.
U.S. crude stockpiles increase, gasoline falls on July 4 driving demand
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).
Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September
A fire-damaged hydrotreater at Marathon Petroleum's Galveston Bay refinery in Texas (U.S.) will remain shut until September, sources familiar with plant operations said.
U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.
EIA: U.S. crude and gasoline inventories rise, distillates draw down
U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell.
Vitol group submits bid above $10 B for Citgo's parent
A group led by commodities trading house Vitol submitted a bid exceeding $10 B in the final hours of a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum.
OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation
OCI Global announced the successful closing of the divestment of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation (Methanex) for $1.9 B.
California (U.S.) should raise fuel imports, pause margin cap, regulator says
California's energy regulator on Friday recommended new rules to encourage more private investment in fuel imports and a pause on refiner profit limits, hoping to stop gasoline prices from skyrocketing in the state as it braces for the closure of two of its major refineries.
Managing the energy transition: Microgrids play a key role
This article dives into the use of microgrids, and how they can help power certain plants within refineries and petrochemical facilities.
Gulf Energy Information and CompareNetworks announce strategic media partnership to elevate pharma and lab content at ChemE Show 2026
Gulf Energy Information, a global leader in B2B media, data, and events for the process industries, announced a strategic media partnership with CompareNetworks, a premier media and technology company serving the life science, applied science, engineering sectors.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
