Iraq Business News: Oil & Gas

FEBRUARY 11, 2025

The Iraqi Ministry of Oil has announced plans to expand Maysan [Missan] Refinery by adding a new refining unit with a capacity of 70,000 barrels per day (bpd), increasing the refinery's total output to 110,000 bpd. The Deputy Minister called on refinery staff to ensure efficient operations and uninterrupted fuel supply.

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Iraq Business News: Oil & Gas

FEBRUARY 9, 2025

Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.

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BOE Report

MARCH 11, 2025

Mexico’s state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing, the head of the company’s trading arm PMI, Margarita Perez, said on Tuesday.

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BOE Report

MARCH 12, 2025

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. million barrels to 435.2 Crude inventories rose by 1.4

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Iraq Business News: Oil & Gas

FEBRUARY 5, 2025

Al-Sudani has overseen the signing of an $800-million contract for the expansion of Al-Diwaniya Refinery , adding a 70,000 barrel-per-day (bpd) atmospheric distillation unit to raise total capacity to 90,000 bpd. Source: PMO) The post $800m Iraqi Refinery Expansion Project Signed first appeared on Iraq Business News.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Pemex produced crude oil and condensate of 1.62 appeared first on Permian Basin Oil and Gas Magazine.

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Rextag

NOVEMBER 25, 2024

As winter approaches, the interplay between refinery activity, import volumes, and demand for refined products will be crucial. crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. million barrels to 389.2

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Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.

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Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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Orient Energy Review

MARCH 27, 2023

An extension of the current strikes at Frances Le Havre port has cut off crude oil deliveries to ExxonMobils nearby Port Jerome refinery, according to the CGT trade union. Argus said the 236,000bpd Exxons Port Jerome refinery, in northern Franceand the Gravenchon petrochemicals plant will stop operations today, Argus quoted the CGT.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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The Energy Law Blog

FEBRUARY 6, 2007

Murphy Oil U.S.A., The Turner case asserted claims for property damage resulting from a release of oil from tanks located at Murphy’s Meraux, Louisiana refinery after Hurricane Katrina. Approximately 25,000 barrels of oil were released, and washed by floodwaters into the residential neighborhoods surrounding the refinery.

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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.

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Coolfire Core

OCTOBER 15, 2019

Low-power sensors already help monitor oil and gas operations, but the true benefit of this real-time visibility will lie in data-driven decision-making throughout the supply chain. This IoT tech is capable of gathering, transmitting, and utilizing data and its already making waves in the oil and gas industry.

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The Energy Law Blog

JULY 26, 2013

The case relates to a 2006 oil spill which occurred at CITGO’s Lake Charles, Louisiana, refinery. July 17, 2013) (pdf). Opinion, pp. This opinion from the Fifth Circuit is likely to have wide-ranging effects on CWA penalty cases.

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The Energy Law Blog

MAY 26, 2016

allowing an $81 million judgment against the oil company to stand. The judgment is the latest in a suit the EPA filed against CITGO under the Clean Water Act for a 2006 spill at the oil company’s St. Charles refinery. The EPA sought a penalty of $4,300 per barrel. In the original judgment , U.S. Adm’r of E.P.A.

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Oil & Gas 360º

MARCH 6, 2025

(Oil Price) –Mexicos state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest customer, the United States, a senior government official in Mexico told Reuters. Energy Information Administration (EIA).

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Oilholics Synonymous Report

OCTOBER 4, 2024

The last few weeks have been relentless in terms of geopolitical developments and their impact on the oil market - albeit a somewhat oversupplied one with plenty of barrels to more than meet global demand. Photo I: Oil pump jack building block model at the AVEVA World 2023 Conference, Moscone Center, San Francisco, US.

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Rextag

FEBRUARY 24, 2025

oil and gas industry is experiencing one of its most transformative periods. oil & gas basins , the leading companies , and market trends using the latest data and forecasts. 2025 Forecast Projected Crude Oil Output: 6.6 Exxon, Chevron, and Shell Are Betting on Carbon CaptureIs It the Future? We analyze major U.S.

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Orient Energy Review

MARCH 27, 2023

Observers say thats a much weaker position than normal for this time of the month when trade should be moving on to Mays barrels and the prices the shipments can fetch are dropping, they said. Each cargo is about a million barrels of crude. Long-haul buyers like Indian Oil Corp. Long-haul buyers like Indian Oil Corp.

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Valor

MARCH 10, 2025

March 10, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices dip as tariff uncertainty keeps investors on edge Summary : Oil prices declined on Monday, with Brent crude falling 44 cents to $69.92 per barrel (up 1.22%) and Brent at $70.41

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Adrian - Oil & Gas

DECEMBER 29, 2022

The Keystone 1 pipeline carries up to 720,000 barrels per day of tarsands from Alberta, Canada to refineries in Texas and Illinois.) TC Energy oil spill PR oil discharge 12-9-22 (Photo: U.S. Obama and Pres. EPA) December 8, 2022: PHMSA issues Corrective Action Order to TC Energy re: Dec. 30 spill. #21:

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Oil & Gas 360º

MARCH 7, 2025

(Oil Price) –Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is realbut temporary. Rystads Mukesh Sahdev, Global Head of Commodity Markets – Oil, notes that the market is fixated on oversupply fears, especially as time spreads narrow dangerously close to contango.

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Oil & Gas 360º

MARCH 12, 2025

Canadian energy minister Jonathan Wilkinson told Reuters that Canada could impose non-tariff measures such as restricting oil exports to the U.S. Canada ships about 4 million barrels of crude to the U.S. per day via pipeline, mainly to Midwest refineries. or levying export duties on minerals, if U.S. tariffs persist.

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