Refining

The US Commerce Department’s mid year trade report shows that the oil and natural gas industry continues to drive US economic gains in 2015.

Net income increased during the second quarter, reflecting improved margins and strong refining results across HollyFrontier’s system.

According to a new report from Thomson Reuters, the market must prepare for more oil as Iran and Iraq ramp up production in the face of sustained Saudi supply.

API urged candidates at the upcoming presidential debates to outline their vision for harnessing the economic and national security opportunities created by America’s energy revolution.

Net income attributable to Western Refining, excluding special items, was US$138 million, or US$1.44 per diluted share.

KBR has announced strong second quarter 2015 earnings.

MOL Group achieved its best ever quarterly result in 2Q15, with a strong contribution from the Downstream segment.

The US Energy Information Administration has said that Algeria is reforming its laws to attract foreign investment in hydrocarbons.

United Steelworkers has provided a testimony on the US crude oil export ban.

CVR Refining, LP has announced 2Q15 net income of US$227.8 million on net sales of US$1,547.5 million.

Alon USA Energy reported net income available to stockholders of US$36.4 million, or US$0.52 per share, for 2Q15.

A look at movements in the global oil market with PIRA Energy Group.

Valero reported US$294 million in 2Q15 California profits, more than ten times higher than the US$24 million recorded in the same quarter last year.

Comments from the American Petroleum Institute on US crude oil exports.

Canary CEO has said that there is a bright side to falling oil prices, even in the Bakken.