Oil & Gas 360º
MARCH 6, 2025
(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023.
Energy Central
JUNE 1, 2023
Media Editing By Germán & Co, June 1, 2023 According to reports, the Ilyinsky oil refinery in Russia's Krasnodar region was minimally impacted by a possible drone attack. A fire incident occurred at the Afipsky refinery, spreading flames over an area of 1,000 square feet.
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Energy Central
MARCH 23, 2023
Halliburton and Honeywell in advanced talks to develop oil fields and refineries in Libya; Eni importing more oil and gas from Algeria “North Africa’s massive oil-and-gas reserves and its proximity to Europe make it an attractive alternative energy supplier to Russia.
Permian Basin Oil and Gas Magazine
MARCH 4, 2025
Last year exports averaged about 811,000 b/d after more than 1,000,000 b/d in 2023. And processing across Pemexs seven local refineries (nothing from its new Olmeca refinery in Dos Bocas with capacity of 340,000 b/d) was 886,787 b/d in January down seven percent from last year. Sales to U.S.
Reporting Oil and Gas
NOVEMBER 23, 2023
The management of the Tema Oil Refinery (TOR) has been directed by the Office of the Special Prosecutor to suspend its proposed partnership agreement with Tema Energy and Processing Limited. Although the Tema Oil Refinery has a capacity to refine 45,000 barrels of oil per day, its operations have been inconsistent.
The Energy Law
FEBRUARY 6, 2023
On January 27, 2023, the Louisiana Supreme Court issued a ruling involving claims for negligent infliction of emotional distress (“NIED”) absent physical damage. In Spencer , several residents sued Valero Refining Meraux, LLC (“Valero”) for NIED after an explosion occurred at the nearby Valero oil refinery in Meraux, Louisiana. [2]
Reporting Oil and Gas
NOVEMBER 20, 2023
Furthermore, Dr. Dzanku highlighted the ambiguity surrounding the gold’s refinery status before sale, opening avenues for mispricing and undervaluation when exchanged for oil. These factors, he asserted, create opportunities for illicit financial flows. trillion lost to money laundering.
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