U.S.
Opinion: Trump’s Russian oil sanctions gambit will test his tolerance for pain
The U.S. designation of the two Russian companies, which follows Britain's decision last week to hit Rosneft and Lukoil with sanctions, cuts them off from the dollar-based financial system.
EIA: U.S. crude, fuel inventories fall on robust refining and demand
U.S. crude oil, gasoline and distillate inventories fell last week as refining activity and demand strengthened, the U.S. Energy Information Administration (EIA) said.
API reverses course on E15 gasoline bill, calls for regulatory fixes
The American Petroleum Institute opposes legislation to expand year-round sales of E15 gasoline, a reversal that underscores deepening tensions between the oil and ethanol industries after a brief period of cooperation.
Phillips 66, Kinder Morgan eye new pipeline to bolster U.S. West Coast fuel supply
If constructed, the new pipelines could help ease the strain on West Coast fuel supply from the planned closures of Phillips 66's Los Angeles refinery by the end of this year and Valero Energy's Benicia refinery next year.
EIA: U.S. crude stocks climb more than expected as refinery crude runs decline
U.S. crude stocks rose more than expected last week as refining crude runs dropped sharply to their lowest in more than a year and a half.
bp says fire extinguished at Whiting, Indiana (U.S.) refinery
It was earlier reported that multiple units were offline at the refinery, which is the largest in the U.S. Midwest region.
Gevo gets extension on U.S. energy department's loan commitment for SAF project
The extension granted by the department's loan programs office pushes the deadline to April 16, 2026, allowing time to evaluate potential changes to the project scope.
Ebara Elliott Energy completes 100-MW power upgrade
The extensive project involved a close collaboration with First Energy and the installation of a new power line, including a Main 138-Kv breaker, a 100-MVA power transformer, and a series of capacitor banks.
- 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

