Refining
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.
Trump signs order authorizing oil pipeline project partially reviving Keystone XL
The pipeline, proposed by Canadian pipeline company South Bow and its U.S. partner Bridger Pipeline, could increase Canada's crude exports to the U.S. by more than 12% if it goes ahead.
- ADNOC deploys heavy-duty inspector robot for hazardous environments 5/21
- Indonesia to roll out ethanol-blended gasoline, B50 biodiesel from July 1 5/21
- Australia plans biofuel mandates to boost its energy security 5/21
- HyOrc commences fabrication for Porto waste-to-methanol plant and advances European project pipeline 5/21
- Kremlin sees no risk to fuel supply in Russia amid attacks on refineries 5/21
- Oil market clock is ticking as supply crunch looms 5/21
