Rosneft Proposes Oil Firms to Refine 30% of Crude in Russia to Ease Fuel Crunch | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2026, 11:30 AM CDT Russia should require its oil companies to refine at least 30% of their crude domestically to...Continue Reading
Canadian oil sands emissions intensity fell for a 13th consecutive year in 2025 and is now 31% lower than in 2009, according to S&P Global Energy, even as production growth pushed overall emissions slightly higher. SourceContinue Reading
With hyperscalers set to spend roughly $800 billion on data-center capex this year alone, alongside reshoring and broader grid electrification, baseload power demand is poised to surge. We have made the case that intermittent solar and wind are no match for the scale and reliability requirements of the modern economy, and that nuclear power is...Continue Reading
Clariant has successfully deployed its HYTREAT ECO hydrate inhibitor technology in North Sea fields offshore Norway and the UK, offering operators an OSPAR-compliant alternative to conventional methanol and MEG-based flow-assurance programs. SourceContinue Reading
Moscow Refinery May Stay Offline Until 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2026, 10:30 AM CDT The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensive structural damage from multiple strikes by Ukraine’s long-range drones,...Continue Reading
Crude oil inventories in the United States decreased by 6.1 million barrels during the week ending June 19, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 412.1 million barrels, according to government data, which is now 7% below the five-year average for this...Continue Reading
U.S. Steel has approved a $475 million investment in a new quench and tempering line at its Fairfield Tubular Operations in Alabama. The project will expand heat-treated OCTG production capacity, strengthen domestic supply chains and support growing demand from key U.S. oil and gas basins, including the Permian, Eagle Ford, Haynesville and Appalachia. SourceContinue Reading
Brent crude fell below $75/bbl for the first time since the Iran conflict began as tanker traffic through the Strait of Hormuz continued to increase and U.S.-Iran peace talks showed early signs of progress. SourceContinue Reading
EnerMech has completed a pipeline flushing and cleaning project for Subsea7 as part of an offshore field decommissioning program in the U.S. Gulf of America/Mexico. SourceContinue Reading
UK Climate Panel Urges Faster Electrification to Lower Energy Bills | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 24, 2026, 9:30 AM CDT UK’s slower-than-expected...Continue Reading