US Energy Development Corp. has acquired about 20,000 net acres in the Permian basin in Texas.
US crude oil inventories for the week increased by 500,000 bbl from the previous week, according to US EIA
The Yanbu refinery expansion project aims to enhance integrated refining and petrochemical synergies at the site to help competitively
Shell has completed the sale of its interest in subsidiary Shell Singapore Pte. Ltd.’s integrated refining and petrochemical operations
Operators are increasingly turning to sites in the US Midwest to boost commercial production of sustainable aviation fuel (SAF).