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Reuters

Double Eagle Energy Permian LLC is now worth nearly $3 billion. Read more

Industry Segments

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Photo courtesy Port of Corpus Christi

The project was one of at least nine crude oil export terminals proposed for the U.S. Gulf Coast to load U.S. shale oil onto supertankers. Read more

Offshore & Marine

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Photo courtesy Federated Co-operatives Limited (FCL)

Refinery management and workers are in a dispute over pension contributions. Read more

Plant Management & Operations

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Photo courtesy Contra Costa County Fire Protection District

On Monday, a small earthquake hit operations at two oil refineries in California. Then, firefighters had to battle a blaze in Northern California after two ethanol tanks caught fire. Read more

Health, Safety & Environmental

The 120,000 bpd Unit 536 CDU was shut after water was found in the crude being processed in the unit. Read more

Maintenance & Reliability

The refinery has been idled due to U.S. sanctions on Citgo’s parent, Venezuelan state oil firm PDVSA. Read more

Maintenance & Reliability

Parsley Energy agreed to buy smaller peer Jagged Peak Energy in an all-stock deal valued at $1.62 billion, adding acreage in an oil-rich part of the top U.S. shale basin. Read more

M&A/Investment

U.S. oil and gas employment has started to fall as the sector contracts in response to lower prices over the last year – and further job losses are likely in the next few months as the rate of well drilling declines further. Read more

Drilling & Exploration

Oil product tanker is proceeding through Suez Canal.

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The incident is the latest involving oil tankers in the Red Sea and Gulf area. Read more

Health, Safety & Environmental

Secondary sources said Saudi Arabia’s oil production was even lower, falling month-on-month in September by 1.28 million bpd to 8.56 million bpd. Read more

Commodities

The delays have caused the two giant gas pipelines to increase their cost estimates by hundreds of millions of dollars. Read more

Regulations

Oil and gas companies have come under huge public and investor pressure in recent years to reduce carbon emissions from their operations and the products they sell. Read more

Health, Safety & Environmental

The union intends to continue negotiations with Phillips 66 under a 24-hour rolling contract that has been in place since the previous deal expired. Read more

Health, Safety & Environmental

A contract worker died after falling from a scaffold at BP Plc’s 430,000 barrel-per-day (bpd) Whiting, Indiana. Read more

Emergency Response

Elliott Management Corp on Wednesday urged Marathon Petroleum Corp (MPC.N) to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after the activist hedge fund asked the refiner to consider spinn Read more

Refining & Petrochemical Processing

The Stena Impero was detained by Iran’s Revolutionary Guards in the Strait of Hormuz waterway for alleged marine violations. Read more

Health, Safety & Environmental

Exxon Mobil Corp has begun planned maintenance on a small crude distillation unit at its 502,500 barrel per day (bpd) Baton Rouge refinery in Louisiana, sources familiar with plant operations said on Tuesday. Read more

Downstream

An explosion at an oil refinery of Eni in the North of Italy caused early on Tuesday morning no injuries and has been brought under control, the Italian oil and gas company said in a statement. Read more

Emergency Response

U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency. Read more

Regulations

Total plans to return the 66,000 bpd Diesel Hydrotreater 3 (DHT 3), which was shut on Aug. 20, to production. Read more

Refining & Petrochemical Processing

The style of attack used against oil plants in Saudi Arabia that knocked out half of the country’s production on Saturday is unlikely to be a risk in the United States. Read more

Health, Safety & Environmental

  • Irving Oil

    REUTERS/Michael Hawkins

    Irving Oil

    Flames are visible at the scene of a major explosion and fire at the Irving oil refinery in Saint John, New Brunswick October 8, 2018.

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