U.S.

Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project

Russia to send crude oil and fuel to Cuba soon, Izvestia reports

Cuba is grappling with fuel shortages after the U.S. moved to choke off its oil supplies. The communist-run island has warned international airlines that jet fuel will no longer be available, the latest sign of fast-worsening conditions.

Marathon shuts oil refinery in Kentucky (U.S.) due to power interruption

The Findlay, Ohio (U.S.)-based refiner declined to comment on whether the facility is back up or on the timeline for restarting it.

EIA: U.S. crude stocks increase by most in a year after storm hit refining, exports

U.S. crude stocks rose last week as refining and export activity slowed during a winter storm last month, while domestic output started to recover from the freeze.

Update: Union agrees to U.S. refineries contract, averting nationwide strike

The agreement was negotiated between the union and leading U.S. refiner Marathon Petroleum on behalf of the refiners and chemical producers.

Indian refiners avoid Russian oil in push for U.S. trade deal

The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.

Phillips 66 to lay off workers as Los Angeles (U.S.) refinery shuts down

Phillips 66 will lay off a total of 277 workers as it winds down operations at its 139,000-barrel-per-day Los Angeles-area refinery ahead of closure.

Update: bp's Whiting refinery workers prepare for potential strike as union talks falter

The union had said bp proposed workplace changes, including cutting more than 200 union jobs in operations, maintenance and environmental safety as well as stripping away some workplace protections.

Mexico seeking way to send fuel to Cuba without being hit by U.S. tariffs

The sources said high-level Mexican officials have been talking to U.S. counterparts in order to gain clarity on the scope of the tariff threat outlined by President Donald Trump in an executive order and see whether there was a way to deliver the much-needed fuel.

Baker Hughes to provide downstream chemicals for Marathon Petroleum refineries, becoming preferred provider across North America