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Oil and Gas Refining

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  • Cleanup Preparations Being Made for Sandy Monday, 29 Oct 2012 | 7:05 PM ET

    Alan McKim, CEO of Clean Harbors, reports cleanup crews are ready to respond.

  • Hurricane Threatens East Coast Refineries     Friday, 26 Oct 2012 | 11:43 AM ET

    Will Hurricane Sandy impact oil prices? Andy Lipow, Lipow Oil Associates president, weighs in.

  • Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • Gauging Gas' Impact     Friday, 12 Oct 2012 | 2:16 PM ET

    Diesel prices remain high, and Jimmy Haslam, Pilot Flying J chairman, discusses whether this is already trickling down into the rest of the economy.

  • JetBlue CEO: No Plans to Buy Refiner     Tuesday, 2 Oct 2012 | 1:25 PM ET

    Dave Barger, CEO of JetBlue, talks about the critical crude oil levels for the airline industry.

  • Just months after Delta Air Lines purchased a troubled East-Coast oil refinery in an effort to pare its fuel costs, United Continental Holdings, the nation’s biggest carrier, appeared to be exploring a similar move, according to someone familiar with the matter.

  • Saudis Offer Extra Oil to Control Prices Tuesday, 18 Sep 2012 | 7:53 PM ET

    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.

  • US Accuses BP of Gross Negligence in Gulf Tuesday, 4 Sep 2012 | 11:27 PM ET
    BP sign

    The US Department of Justice intends to prove at trial that gross negligence or willful misconduct by BP caused the 2010 Deepwater Horizon disaster in the Gulf of Mexico, government lawyers have said, in the clearest statement yet that they are seeking the maximum possible penalties from the British oil group. The FT reports.

  • Political Debate Over US Energy Policy     Tuesday, 28 Aug 2012 | 4:17 PM ET

    The Romney camp just released its energy plan, which gives individual states greater control over their energy wealth. Dan Weiss, Center for American Progress, and Sterling Burnett, National Center for Policy Analysis, discuss.

  • ‘No Miracles’ For Russia From Entry Into WTO Wednesday, 22 Aug 2012 | 10:17 AM ET

    Russia’s entry into the World Trade Organisation (WTO) is good news but investors shouldn’t expect miracles straight away, Murat Ulgen, chief economist for Central & Eastern Europe and Sub-Saharan Africa at HSBC, told CNBC.

  • Ignore Oil Prices, Buy Exxon Regardless: Pros Monday, 20 Aug 2012 | 12:22 PM ET
    An oil drilling rig in the Junin 10 field in the Orinoco Oil Belt, in Anzoategui, Venezuela on January 24, 2012.

    Energy investors remain bullish on ExxonMobil, even though the outlook for oil prices remain uncertain, two analysts told CNBC.

  • Thomas Hilboldt, Head of Oil, Gas & Petrochemicals Research, Asia-Pacific at HSBC said he wants to see a more meaningful change to China's energy pricing system.

  • Oil tanker

    Of  all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020.  Factors like  the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.

  • Keystone XL Looking Like Pipeline to Nowhere Thursday, 28 Jun 2012 | 11:44 AM ET
    Alberta Oil Sands

    Four and a half years of studies and five failed votes in the House of Representatives later, the massive Canadian-US pipeline is stuck at the Canadian border. And that won't change anytime soon.

  • OPEC Market Share To Hold Steady: Forecast Wednesday, 27 Jun 2012 | 3:42 PM ET
    off shore oil rig

    The DOE's Energy Information Administration expects the cartel's share to remain at the current 40 percent, while US domestic output rises.

  • Big Users Bet on More Oil Price Falls Monday, 25 Jun 2012 | 11:11 PM ET

    Airlines, trucking companies and other big energy consumers are betting on further oil price falls, with many reluctant to lock in at current levels amid fears prices could plunge if the global economy weakens further. The FT reports.

  • A new report shows sizable amounts of recoverable oil and natural as around the scenic island chain, but its location in the hurricane belt is already raising concerns about potential environmental damage.

  • Are Oil Exports Russia's Curse as Well as Its Blessing? Thursday, 21 Jun 2012 | 3:17 AM ET

    Russia's prospects are brighter than those of many other economies, despite fears that the return of Vladimir Putin to the presidency will slow the pace of structural reforms and falling oil prices could hurt its budget.

  • Big Players Poised for Big Payoff Wednesday, 20 Jun 2012 | 9:36 AM ET

    The natural gas industry may be hurting from rock-bottom prices now but if allowed to fully exploit the shale-gas boom, there may be few losers and many winners in the years to come.

  • Heading Off Threats to Global Energy Security Wednesday, 20 Jun 2012 | 8:48 AM ET
    Locals ride a canoe past oil instalations belonging to the Mobil oil company in Bonny Island, Nigeria, Thursday, Aug. 17, 2006. Militant groups using kidnappings and sabotage attacks to press their demands for a share of the region's oil wealth, which they accuse the central government of stealing, have made southern Nigeria a volatile place. (AP Photo/George Osodi)

    Michael Bagley, president of corporate intelligence firm Jellyfish Operations, and security expert Jennifer Giroux discuss how companies can plan and react in hostile environments.