Richmond: Chevron Worker, Nonprofit Challenge Refinery Tax Ballot Measure
If approved by voters in November, the tax would kick in next July, costing Chevron between $60 million and $90 million annually....
Downstream
Oil Prices Edge Lower After Beryl Leaves Energy Infrastructure Largely Unscathed
Oil futures lost ground Tuesday after Hurricane Beryl appeared to leave Texas energy infrastructure with little damage....
AI in Oil Refinery: Smarter Refineries with AI
The boom and bust business of fossil fuel refineries is currently on a downswing created by the energy transition. Refiners are challenged to stay competitive...
Texas Electricity Demand Could Nearly Double in 6 Years
Two factors led to the higher forecast: A new law allows officials to count companies’ requests for grid connections before they are finalized....
Venezuela Resorts to Dark Fleet to Supply Oil to Ally Cuba
Venezuela's state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba, as a fleet of state-owned...
ReGen III Invited to Prepare Part II Application for U.S. Department of Energy Loan Guarantee
ReGenIIICorp, a leading clean technology company commercializing the patented ReGen™ process to upcycle used motor oil (“UMO”) into high-value Group III base oils, today announces that...
Are Methane Emissions From The U.S. Oil and Gas Industry A Crisis?
In the United States, concerns arise about the leakage of methane gas into the atmosphere during oil and gas drilling operations. Some say it is...
Texas Startup Hopes 4th Time’s a Charm to Build First Big US Oil Refinery Since 1977
Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on Thursday said it was relaunching...
Ukraine Agrees on First LNG Supply Deal with US Company Venture Global
Ukraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crunch amid a war with...
Crude Quality Issues on TMX Pipe May Hamper Flows from Canada to US West Coast Refiners
U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion (TMX),...