Oil and Gas Refining


  • The Four Reasons We Won't See Record Gas Prices Tuesday, 2 Apr 2013 | 9:46 AM ET

    Pro trader Anthony Grisanti looks at why he doesn't think gas prices will soon soar.

  • North Sea Energy Reserves Declining: CEO  Wednesday, 27 Mar 2013 | 12:15 PM ET

    Amjad Bseisu, CEO of EnQuest, tells CNBC that oil reserves in the north sea are declining, although a relaxation of government regulations has prompted a boom of investment in the area.

  • Lofoten Islands, Norway

    Middle East-style oil wealth combined with a generous Nordic welfare model is slowly throttling big chunks of Norway's economy.

  • Traders Fill Up on This Oil Giant Tuesday, 19 Mar 2013 | 4:49 PM ET

    For a long time, the trade has been to buy oil refiners and sell big oil. Now it looks like that trade could flip.

  • Obama Seeks $2 Billion to Wean Vehicles Off Oil Friday, 15 Mar 2013 | 3:26 PM ET
    President Barack Obama

    The president wants Congress to authorize $200 million a year for 10 years for research on energy technologies.

  • ENI CEO Forecasting Oil Prices  Friday, 15 Mar 2013 | 3:50 AM ET

    Paolo Scaroni, CEO of ENI, promised to develop a plan of share buy back, if oil prices stay as high as where they are today, adding every time he makes a forecast on oil prices he is wrong.

  • Why This Chart Is Bad News for Gasoline Bulls Wednesday, 13 Mar 2013 | 5:40 PM ET

    Pro traders take to the techncials to explain why gasoline prices might be in for some pain.

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    The Keystone XL oil pipeline got a boost after the U.S. State Department said it would not likely change the rate at which Canada's oil sands are produced.

  • Finding an Edge in America's Booming Energy Market Friday, 1 Mar 2013 | 5:34 PM ET

    In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.

  • A Clog in the Nation's Pipeline Infrastructure?  Wednesday, 27 Feb 2013 | 6:42 AM ET

    Charles Drevna, National Petrochemical and Refiners Association, discusses whether U.S. refineries are ready for the nation's new found supply of oil fields.

  • Tom Bergin, Author of Spills and Spin, tells CNBC that the BP pay-out to the US government is the worst case scenario according to what analysts had previously envisaged.

  • $4 Gallon Gas the New Norm?  Wednesday, 20 Feb 2013 | 7:10 PM ET

    Crude oil had its worst day in three months, with John Kilduff, Again Capital, and :Nan Hayworth, (R) Fmr. New York Representative.

  • US Retail Gasoline Prices Explained  Wednesday, 20 Feb 2013 | 5:00 AM ET

    Johannes Benigni, managing director at JBC Energy, explains why the US retail gas prices climb while the NYMEX crude oil is down, saying the underlying international market price is the Brent.

  • Trading the Rise In Gas Prices  Tuesday, 19 Feb 2013 | 12:30 PM ET

    Best Buy was upgraded at Barclays and Stifel Nicolaus, with the FMHR traders; and a closer look at an opportunity in refining stocks.

  • Will We See $5 Gasoline This Year? Tuesday, 19 Feb 2013 | 11:37 AM ET

    Vote now in our poll!

  • BP Claims US Accepts Its 'Collected' Spill Barrels Tuesday, 19 Feb 2013 | 8:51 AM ET
    Fire boat response crews spray water on the blazing remnants of BP's Deepwater Horizon offshore oil rig.

    BP said the U.S. Department of Justice has backed its claim that oil it recovered at the 2010 spill site should be excluded from certain penalties it could face, potentially cutting its final fine by as much as $3.5 billion.

  • Canada Still Hopeful on Keystone Despite Obama Silence Wednesday, 13 Feb 2013 | 1:43 PM ET
    Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    Canada remains cautiously optimistic that Washington will approve the Keystone XL oil pipeline even though President Barack Obama made no mention of it in his State of the Union speech.

  • Oil Prices to Stay Steady: Total CEO  Wednesday, 13 Feb 2013 | 11:35 AM ET

    Christophe De Margerie, CEO of Total, sees oil prices staying around $100-110 per barrel in 2013.

  • Storm Nemo Pushes Fuel Prices to 2013 Highs Friday, 8 Feb 2013 | 12:40 PM ET
    The massive storm approaches the East Coast on Friday morning.

    The storm pounding the Northeast is pushing fuel prices higher, hitting consumers with a one-two punch that may send some of over the financial brink.