Refining
Iran war may crush oil demand today, but send it soaring long term
Spiking energy security concerns and greater fragmentation could lead to a less efficient, more voracious global energy system.
Opinion: U.S. crude and fuel exports surge to record highs, but it's not enough
Much of the extra crude is heading to Asia, the region most affected by the effective closure of the Strait of Hormuz, the narrow waterway through which about 20% of the world's supply of crude and refined fuels passed prior to the start of the conflict.
Fire at India's Rajasthan refinery under control
The fire broke out near the crude distillation unit of the HPCL Rajasthan Refinery Ltd complex and an investigation has been initiated to determine the cause and take remedial measure.
Australia extends relaxed fuel standards to bolster supply
Australia, which imports most of its fuel, has experienced localized shortages as the war, which entered its eighth week on Saturday, has disrupted supply chains.
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- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
