News

The proposed U.S. ‘No Iranian Energy Act’ aims to end Iraq’s reliance on Iranian gas, threatening severe sanctions and ...
BP CEO Murray Auchincloss (standing, left), and Oil Minister Hayyan Abdulghan (standing, right) oversee the signing of a deal ...
A map from the company shows the pipeline ... The pipeline shutdown means that refineries that rely on crude oil will have 3% to 4% less of the total flows in a daily market of 17 million to ...
Iraq’s buffalo population has more than halved in a decade as the country's two main rivers, the Tigris and Euphrates, suffer ...
Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus ...
Oil giant Valero announced this week it may shutter its refinery in Benicia. The company sent a notice to the California Energy Commission indicating it may restructure the refinery or cease ...
Valero’s proposal for the Benicia refinery follows Phillips 66 Co.’s October 2024 confirmation that it will permanently cease conventional crude oil processing operations its 138,700-b/d dual ...
ERBIL (Kurdistan 24) – The Kurdistan Region’s Environment Commission has announced the closure of 72 unlicensed oil refineries across the region ... be taken to curb associated gas flaring in oil ...
Oil prices rose around 1% on Wednesday, as the market drew some strength from the possibility of trade talks between China and the United States and a report that Iraq will cut oil production in April ...
Night - Clear. Winds variable at 6 to 7 mph (9.7 to 11.3 kph). The overnight low will be 49 °F (9.4 °C). Sunny with a high of 75 °F (23.9 °C). Winds variable at 3 to 6 mph (4.8 to 9.7 kph ...
“Cumulatively, the three operations led to the deactivation of seven illegal refining sites. “The operations also led to the seizure of about 5,980 litres of stolen crude oil and 3,810 litres of ...
Valero Energy Corp. is considering closing its San Francisco Bay Area oil refinery within a year, as strict environmental rules and heightened regulatory oversight in California have driven a string ...