U.S.
America First Refining plans new Texas refinery, first in nearly 50 years
America First Refining (AFR) plans to build the first new U.S. oil refinery in nearly half a century at the Port of Brownsville in South Texas. President Donald Trump announced the project, describing it as part of a broader push to expand domestic energy production and strengthen U.S. energy security.
IEA announces record release of strategic stocks in response to Iran war oil price surge
The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s.
Hypersonix’s DART AE completes its first flight, reaching hypersonic speeds
Australian hypersonic flight pioneer Hypersonix Launch Systems has successfully completed the first flight of its DART AE hypersonic aircraft, marking a major milestone in the development of advanced hypersonic systems.
U.S. fuel exports see slight uptick in 2025
U.S. airlines no longer hedge fuel costs—that could hurt margins if Iran conflict lingers
Jet fuel prices have risen 15% in the past week, another challenge for an industry already dealing with the fallout from the expanding conflict, with more than 20,000 flights cancelled and thousands of passengers stranded.
More tankers come under attack as U.S.-Iran conflict spreads in the region
Nine vessels have come under attack since the conflict broke out between the U.S., Israel and Iran on Saturday. Iran launched a wave of missiles at Israel early on Thursday and also sent drones into Azerbaijan
Hormuz shutdown worsens after U.S. hits Iranian warship; tankers stranded for fifth day
The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
