USA EIA Increases 2025 USA Oil Production Forecast
The U.S. Energy Information Administration (EIA) increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook (STEO), which was released on August 12. In…
Podcast | Harnessing waste: the future of energy
In this episode of The 1895 Podcast, we delve into the evolving landscape of waste management and energy production. We focus on the transition from waste to power through innovative…
Oil Flows via Druzhba Pipeline Resume
Crude oil flows from Russia to Slovakia and Hungary have been restored after a Ukrainian attack suspended exports earlier this week, Reuters has reported, citing official statements. “The flow of…
EPA Set to Issue Biofuel Waivers for Small Refiners
The U.S. Environmental Protection Agency may issue a host of waivers for biofuel blending mandates for small refiners, countering a proposal made by the federal government earlier this year for…
China Prepares to Trim Oil Refining Sector
The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country in a bid to solve the industry’s problem with overcapacity. According to…
Video | How much does the space sector account for helium demand?
Rich Brook, CEO at Garrison Ventures discusses helium demand and how much the space sector accounts for this demand on gasworld’s Space and Industrial Gases: Supporting Life Beyond Earth webinar.…
Amigo LNG signs 20-year SPA with Gunvor Singapore
Amigo LNG has signed a 20-year sale and purchase agreement with commodity trading house Gunvor Singapore. Under the agreement, Gunvor will purchase 0.85 million tonnes per annum (mtpa) with deliveries…
US Crude Oil Inventories—and Prices—Contract
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15. Analysts had…
Interior Rolls Out First “Big Beautiful Gulf” Auction for December
The Interior Department just laid out a decades-long offshore leasing calendar under the One Big Beautiful Bill Act, locking in regular auctions in the Gulf of America and Alaska’s Cook…
BP’s Whiting Refinery Hit by Storm Flooding and Flaring
BP’s massive 440,000-barrel-per-day Whiting refinery—the largest in the U.S. Midwest—was forced into flaring late Monday after severe thunderstorms dumped heavy rain across northwest Indiana, flooding the site and surrounding neighborhoods.…
