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What's in the EU's 18th sanctions package against Russia?

Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.

EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops

U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about fuel demand.

Phillips 66's Bayway (U.S.) refinery partially shut after power outage

Phillips 66 has partially shut its 258,500-bpd Bayway refinery in Linden, New Jersey (U.S.) after rainstorms in the region caused a power outage at the plant.

Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution

Shell Aviation, one of the largest suppliers of SAF, Accenture, and American Express Global Business Travel (Amex GBT) have announced that Avelia is in the process of evolving to an industry solution with independent data hosting and a multi-supplier model helping users access the GHG benefits of SAF from multiple SAF suppliers, including Shell.

Repairs continuing on hydrocracker at Marathon Galveston Bay Texas Refinery (U.S)

Repairs were continuing on Tuesday to a diesel-producing hydrocracker at Marathon Petroleum's 631,000-bpd Galveston Bay Refinery in Texas City, Texas.

CF Industries starts Donaldsonville (U.S.) Complex CO2 dehydration and compression unit, permanent CO2 sequestration

The facility will enable the transportation and permanent geological sequestration of up to 2 metric MMtpy of CO2 that would otherwise have been emitted into the atmosphere.

EIA: U.S. hydrocarbon production supported by export growth in long-term projections

In its Annual Energy Outlook 2025 (AEO2025), the U.S. Energy Information Administration (EIA) projects that U.S. production growth of crude oil and natural gas will remain relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas (LNG), as U.S. energy exports continue to be economical for international consumers.

Refinery closures may lead to higher gasoline prices on the U.S. West Coast

California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the U.S. West Coast.

U.S. crude stockpiles increase, gasoline falls on July 4 driving demand

U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).

Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September

A fire-damaged hydrotreater at Marathon Petroleum's Galveston Bay refinery in Texas (U.S.) will remain shut until September, sources familiar with plant operations said.

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