One Worker Dies After Fire at Marathon's Texas Refinery

The fire, which broke out at about 9:30 a.m., was extinguished and is currently under investigation.

Trinidad’s Energy Minister Young Talks Gas Production, Venezuela and Atlantic LNG [WATCH]

Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young spoke with Hart Energy at CERAWeek by S&P Global on gas production and bid rounds, flared gas and Atlantic LNG.

Exxon Boosts Permian Crude Refining Capacity with $2 Billion Beaumont Expansion

The 250,000-bbl/d crude distillation unit at Exxon’s Beaumont complex will boost refining capacity for light crude oil from its upstream Permian Basin operations.

Q&A: Trinidad’s Energy Minister Young Talks Gas Production, Venezuela and Atlantic LNG

Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young spoke with Hart Energy at CERAWeek by S&P Global to discuss gas production and bid rounds, as well as capturing flared gas and the restructuring of Atlantic LNG.

US Targets Iranian Petrochemicals, Petroleum in Fresh Sanctions

"Iran is increasingly turning to buyers in East Asia to sell its petrochemical and petroleum products, in violation of U.S. sanctions," U.S. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson said.

BASF Shareholders Say Russia Exit Sets Up Oil and Gas IPO

Though ruled out for now given the Russia-Ukraine war, BASF still plans to pursue IPO plans for Wintershall Dea.

Russia Ramps Up Diesel Supplies to Turkey, Morocco Ahead EU Embargo

Russia has already supplied Turkey with approximately 450,000 tones of diesel since the beginning of the year.

BASF Takes Huge Writedown as Wintershall Dea Exits Russia

According to Wintershall Dea, maintaining its Russian operations and business is "not tenable" given the political climate.

Russia Sees Sanctions Impact on Oil Products, Eyes Crude Export Boost

Russia expects Western sanctions to have a significant impact on its oil products exports and therefore its production, but that will likely leave more crude oil to sell, a senior Russian source with detailed knowledge of the outlook told Reuters.

QatarEnergy, Chevron Reveal $6 Billion Qatar Investment

QatarEnergy and an affiliate of U.S.-based Chevron announced an FID to construct the Ras Laffan Petrochemicals Complex, a $6 billion integrated olefins and polyethylene facility in Ras Laffan Industrial City.