Explosion debilitates Southern California oil refinery, could reverberate through region
An explosion and fire tore through part of a Southern California oil refinery, shattering both a four-story structure and the peace of people whose nearby homes shook from the blast.
Steelworkers union says it will expand strike to 2 BP oil refineries in Ohio, Indiana
The first nationwide strike at U.S. oil refineries since 1980 is spreading to two BP plants in the Midwest.
4 employees injured in morning fire at southeast Kansas oil refinery
Four workers at an oil refinery in southeast Kansas were burned Tuesday in an early morning fire, the Texas company said.
Brutal Start to 2016 Could Limit Rate Hikes
Stock market volatility has fueled growing doubts that the Fed can raise interest rates as fast as central bank policy makers had forecasted last month.
Battered Caretakers of the Oil Patch are Ready to Rise Again, If Only Oil Would Do the Same
While Americans have cheered tumbling prices at the pump, the companies that work the fields that draw the oil that eventually becomes gasoline have been caught in a vicious price squeeze.
Oil Prices Slip Amid Economic Worries
Data showing the U.S. economy grew more slowly than economists expected during the first three months of the year pushed oil prices mildly lower Friday.
Boone Pickens: I’m Not Afraid of China
T. Boone Pickens says he is not worried about the impact of China and Greece on oil.
Energy Report: The King Is Dead
Maybe it was appropriate that his last message to his subjects surrounded oil. Saudi Arabia's King Abdullah bin Abdul-Aziz died after a long bout with pneumonia, giving oil a boost even in the face of a soaring dollar and a historic step by the European Central Bank to move towards quantitative easing.
Total CEO Killed in Moscow as Jet Hits Snow Plow
The chief executive of French oil major Total, Christophe de Margerie, was killed when his private jet collided with a snow plow as it was taking off from Moscow's Vnukovo airport on Monday night.
Oil Price Plunge Thwarts Despots
Few geopolitical weapons can undo despots or authoritarian government quite like an oil price plunge. Case in point: The Soviet Union, where power increased when oil and gas prices rose.
Famed Texas Oilman Nelson Bunker Hunt Dead at 88
Nelson Bunker Hunt, the Texas oilman once considered the world's richest man before his fortunes were undone by Muammar Gaddafi and his own epic overreaching in the silver market, died on Tuesday at age 88.
OPEC Renews 30M Output Cap
OPEC agreed to renew its oil production cap of 30 million barrels a day for the first half of 2014, as oil prices remain well above the cartel’s threshold.
Anadarko Sells Stake in Africa Natural-Gas Field
The company agreed to sell a stake in an East Africa natural-gas field to a subsidiary of India’s Oil & Natural Gas Corp. for $2.64B in cash.
EIA to Shelve Energy Reports, Furlough Staff as Shutdown Continues
Commodity traders relying on weekly government energy stats will fly blind as the fiscal impasse in Washington lingers.
Chevron 3Q Profit Down 5.8%, Misses Estimates
Chevron's third-quarter earnings were down 5.8%, as lower refining margins dampened the company’s downstream profits.
Chaos in Egypt Spotlights Geopolitical Risk in the Fragile Energy Market
Egypt may not be a big energy producer, but disruptions to the country's key energy transit routes could have wide ripple effects.
Phillips 66 Partners Eyes IPO of $315M
The company, which will include some transportation assets of refining and marketing company Phillips 66, plans an IPO of up to $315 million.
Shale Oil Cutting Into OPEC's Market Share
The U.S. shale oil boom will likely cut into OPEC’s share of the world market in 2014 even as world demand grows at its fastest clip in four years.
Canary CEO: I expect more energy bankruptcies this year
Oil shock coming?
Oil up on Saudi Support, China; Poll Shows Less OPEC Output
Oil prices jumped 3% on Monday after China moved to boost its slowing economy and Saudi Arabia pledged to work with other crude producers to limit market volatility, developments that fed hopes the oil selloff would end.











