Refining
Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG
The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.
Booming U.S. energy exports draw scrutiny as domestic fuel prices bite
U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world.
Egypt imposes $90/ton nitrogen fertilizer export duty for three months
The decision follows a separate move earlier this week in which Egypt raised natural gas prices for energy-intensive industries, including fertilizers, petrochemicals, steel and cement, as part of broader efforts to restructure industrial energy pricing.
Iraq starts work on Basra-Haditha oil pipeline
About $1.5 B has been allocated for the project, although its pace will depend on securing further budget allocations.
India's Reliance cuts exports of alkylates, boosts LPG output
Reliance typically exports alkylates to the United States.
- Pemex to invest $5 B to revive petrochemicals and fertilizer industries 6/8
- Aramco selects McDermott for project management consultancy long-term agreement 6/8
- Celanese to optimize engineered materials compounding footprint in Asia region 6/8
- Uniper and Canada’s Ksi Lisims LNG sign Letter of Interest for LNG supply 6/8
- India launches gasoline blended with 85% ethanol at lower price 6/5
- U.S. oil exports surge, draining domestic crude inventories toward rock bottom 6/5
