Asian steam crackers, which source more than 60% of their naphtha feedstock from the Middle East, have been quick to declare force majeure on petrochemical supplies to customers.
Recent conflicts in the region have either spared energy infrastructure or caused limited damage. That isn't the case in the ...
Despite record US crude oil production, California remains uniquely exposed to global supply disruptions due to its lack of ...
When crude prices surge on geopolitical shock, refiners do not all respond equally. The death of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28, 2026, per NPR reporting, sent immediate ...
A fire that broke out at the Sitra refinery in Bahrain after an Iranian missile strike has been contained, according to a ...
The Caribbean island of Curaçao has no natural gold deposits. So why did dozens of tons of gold refined at a prestigious ...
By hitting full capacity and slashing European imports, the $20bn Dangote refinery has transformed Nigeria from a dependent ...
Macroeconomic Alignment and Strategic Location The Kulevi Oil Refinery will transition Georgia from a primarily ...
Eni SPA has taken final investment decisions (FID) to move forward with subsidiary Enilive SPA’s development of new ...
Polish oil refiner Orlen plans cyclical maintenance at its domestic and Czech refineries this year, finance chief Slawomir Jedrzejczyk said on Thursday. Under the cyclical shutdown required every four ...
Gas prices have surged in California in recent weeks as the state's supply is constrained due to recent reductions in refining capacity. The price of gas rose 40 cents in about two weeks, with the ...
California’s fuel market is entering another period of strain as refinery capacity continues to shrink in the nation’s largest gasoline market. The planned closure of Valero’s Benicia refinery, one of ...