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.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- Commonwealth LNG gets green light to start construction of $13-B, 9.5-MMtpy LNG terminal 5/15
- ARENA to drive Australia's $1.1-B Cleaner Fuels Program 5/15
- Japan’s first green ammonia plant based on KBR’s K-GreeN process now fully operational 5/15
- Repsol's Chairman asserts the role of refining as a strategic industry for Spain and for Europe 5/15
- Hazer and Continental Renewable Ventures sign MoU to explore low-carbon fuels projects in Australia 5/15
