ExxonMobil's CEO Rex Tillerson and Saudi Arabia's energy minister took opposing views on declining investment in the oil sector setting the stage for a possible major supply crunch.
Construction equipment for Dakota Access’ oil pipeline suffered about $2 MM in damage in an intentionally set fire over the weekend in Iowa.
Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.
Climate-change activists disrupted the flow of millions of barrels of crude from Canada to the US in rare, coordinated action that targeted several key pipelines simultaneously.
During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.
The US Army and Departments of Interior and Justice asked the company building the Dakota Access pipeline to voluntarily halt construction within 20 miles of a contested section of the proposed route.
Three federal appeals judges in Washington, DC, heard arguments over whether to stop work on a crude oil pipeline in parts of North Dakota where the Standing Rock Sioux and other tribes say the project will desecrate sacred land.
A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the Southeast Asian nation.
Asian refining margins have tumbled to their lowest in nearly six weeks after touching a seven-month high in September, hit by a spike in crude prices following OPEC's decision to curb output.
Many diesel fuel additive companies in North America supply different additive products formulated for diesel-powered equipment.