Demand for oil, gas and petroleum products has quickly rebounded as the world recovers from COVID-19. Meanwhile, supplies have been crippled due to Russia’s ongoing invasion of Ukraine. Despite this, many U.S. oil refiners have no plans to expand operations, according to Marketplace.  “Investors do not want to see companies pouringContinue Reading

The Department of Energy is giving a $107 million conditional commitment loan to Syrah Technologies, the operator of a plant in Vidalia, Louisiana which produces natural graphite-based active anode material crucial for manufacturing batteries, reports Canary Media. Unlike previous loans by the DOE meant to aid research and development, Syrah TechnologiesContinue Reading

The Trump Administration has chosen not to appeal a 10th Circuit Court of Appeals ruling which would sharply reduce the use of waivers exempting refineries from biofuel requirements laid out in the U.S. Renewable Fuel Standard (RFS), reports Reuters. Small refineries, such as CVR Refining, LP refinery in Wynnewood, Okla.,Continue Reading