With domestic production at a 28-year high, LOOP’s managers are thinking the previously unthinkable: They want to reverse the flows and send North American oil out as well as take foreign oil in. More »
Chevron continues to investigate how a bad batch of gasoline ended up in Houston-area pumps, sparking consumer complaints and forcing the company to suspend sales of premium and mid-grade gasoline at 500 local stations for several days. More »
Refining and midstream giant Phillips 66 announced that it would increase its 2014 capital budget by $1.2 billion this year in order to fund its liquefied petroleum gas project as well as a recent acquisition. More »
More than a year after a compromise paved the way for high-volume oil and gas extraction in Illinois, the agency in charge of overseeing the practice has hired just four of 53 new employees it says it needs as it continues working to complete rules drillers must follow. More »
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