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Oil and Gas Refining

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  • 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.

  • Pain at the Pump  Tuesday, 5 Feb 2013 | 7:45 PM ET

    Gas prices are at their highest level on record for the month of February, with CNBC's Sharon Epperson.

  • Marex: Demand for Gas Is Waning  Tuesday, 5 Feb 2013 | 2:10 AM ET

    Guy Wolf, global head of market analytics at Marex Spectron, tells CNBC that the demand environment generally for gas is on the wane.

  • Iran Oil Exports to Asia Fell by a Quarter in 2012 Thursday, 31 Jan 2013 | 7:04 PM ET
    FILE - An Iranian oil technician makes his way to the oil separator facilities in Iran's Azadegan oil field southwest of Tehran.

    Iran's crude exports to its biggest customer, Asia, fell by a quarter in 2012 and shipments this year are expected to drop by at least 12 percent under U.S. sanctions pressure, but ample alternative supplies will keep refiners flush with oil.

  • New Rio Tinto Chief Faces First Difficult Decision Wednesday, 30 Jan 2013 | 8:04 PM ET

    Rio Tinto's Sam Walsh faces his first difficult decision as chief executive -- whether to shut the 1,400-staff Gove alumina refinery in Australia -- as under-performing units come under tougher scrutiny following $14 billion in writedowns this month.

  • Crescent Petroleum: Most Stable Period for Oil Prices  Wednesday, 30 Jan 2013 | 2:40 AM ET

    Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack.

  • As Security Costs Rise, Oil Firms Stay Put in Algeria Wednesday, 23 Jan 2013 | 9:32 PM ET
    In Amenas road sign, Algeria.

    It has been a harrowing start to 2013 for the global energy industry. BP, Statoil and the joint operators of the In Amenas natural gas plant in Algeria are slowly coming to terms with last week's brutal 4-day occupation of the isolated desert facility where 38 mainly foreign hostages were killed by Islamist militants.

  • US Crude May Test $100 After Algeria Attack: Survey Monday, 21 Jan 2013 | 1:28 AM ET
    The In Amenas Gas Plant facility, Algeria

    U.S. crude futures may test $100 a barrel this week - possibly breaching triple digits - after an attack against a gas facility in OPEC member Algeria on Wednesday escalated into an international hostage crisis, leading to renewed fears that supply may be disrupted in other politically-unstable parts of North and West Africa.

  • Algerian Forces Launch Operation to Break Siege Thursday, 17 Jan 2013 | 8:37 AM ET
    In Amenas gas plant in Algeria.

    Twenty-five foreign hostages escaped and six were killed on Thursday when Algerian forces launched an operation to free them at a remote desert gas plant, Algerian sources said, as one of the biggest international hostage crises in decades unfolded.