Sky Quarry Inc. has restarted operations at its Eagle Springs Refinery in Nevada after receiving environmental permits, aiming to supply more locally refined fuel to the western US. The refinery can process about 5,000 barrels of crude oil per day, supported by significant crude inventory and potential regional oil resources estimated at 1.4 billion barrels. Sky Quarry is also developing a Utah facility to recover hydrocarbons from waste materials and is seeking up to $50 million in third-party investments to accelerate oil exploration and production in Nevada. These efforts aim to reduce reliance on distant fuel supplies, improve refinery margins, and support regional energy resilience through local resource development and strategic partnerships with producers.
Sky Quarry Inc.'s recent operational restart at its Eagle Springs Refinery provides context for energy sector activity. For readers following the energy sector, here is Pluang's market snapshot as of Oct 14, 2026 19:01 WIB: Among 79 priced US energy stocks, 61 rose and 16 fell. Transocean Ltd (RIG) traded at USD 5.79 with a 1-day change of +2.48% and a typical hold time on Pluang of 18 days, yet saw 100% sell order activity. Valaris Limited (VAL) and Kosmos Energy Ltd. (KOS) also gained by +1.45% and +1.44% respectively.
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