Iran’s Oil Exports to China Crumble Under U.S. Blockade
Oil industry analysts on Friday noted a sharp decline in Iran’s offers of crude oil to Chinese buyers after the U.S. blockade of Iranian ports was reimposed on July 13.
refineries
Middle East Crisis Forces China to Delay Major Refinery Projects
Chinese companies have reportedly delayed two major refinery projects, capable of producing 500,000 barrels per day combined, due to the shortage of crude oil from the Middle East after Iran closed the Strait of Hormuz.
Fmr. Trump Energy Secretary: End Renewable Fuel Standard, Consider Refiner Incentive to Boost Supply
On Monday’s broadcast of the Fox Business Network’s “Kudlow,” former Energy Secretary Dan Brouillette argued that we should do permitting reform to increase refining capacity and also have “perhaps some incentive for refiners. Let’s take away the renewable fuel standard nationwide
San Jose Mayor, Dem Gubernatorial Candidate: Regulations, Taxes, Pushing Out Refineries Raising Gas Prices
On Monday’s broadcast of MS NOW’s “The 11th Hour,” San Jose Mayor and Democratic gubernatorial candidate Matt Mahan said that “our many rules and regulations, the fact that we pushed all of our refineries out of state” and the high
Exclusive — Sen. Cynthia Lummis: Energy Companies’ Exodus from California Proves ‘Beyond a Shadow of a Doubt’ Gavin Newsom Would Be a Terrible President
Sen. Cynthia Lummis (R-WY) told Breitbart News in an interview that the energy companies’ exodus from the Golden State proves that Gov. Gavin Newsom (D-CA) would be a terrible president.
Reports: China Expected to Replace Venezuelan Oil with Iranian Crude
Oil industry analysts expect China to replace its oil imports from Venezuela with increased purchases of Iranian crude, following the arrest of China’s ally Nicolas Maduro by U.S. forces over the weekend.
Nigeria Discovers $303 Billion in Lost Revenue Due to Crude Oil Pipeline Thieves
The Nigerian Senate on Wednesday produced a report that found $303 billion in oil revenue from the past ten years is missing, much of it attributed to oil thieves who tap into pipelines and sell their stolen crude on the black market.
Trump’s Australia Critical Minerals Deal Is a Move to Break China’s Monopoly
President Donald Trump signed a critical minerals deal with Australian Prime Minister Anthony Albanese on Monday, a team-up explicitly intended to break China’s near-monopoly on mining and refining the valuable resources.
PHOTO: Massive Fire at Chevron Refinery in Los Angeles
A massive explosion caused a fire to break out at a Chevron facility in El Segundo, in Los Angeles, California, on Thursday evening.
Granholm on Companies Cutting Refinery Investment: We’ve Hit ‘Peak Gasoline’ Demand
On Friday’s broadcast of CNBC’s “Squawk Box,” Energy Secretary Jennifer Granholm responded to companies shuttering refineries by stating that there are “significant policy incentives to the creation of drop-in biofuels, so you’re seeing some of that happening.” And that “we
China Starts Buying Venezuelan Oil After Joe Biden Lifts Human Rights Sanctions
China’s state-owned Sinochem Corporation purchased a million barrels of Venezuelan crude oil for delivery in December.
Labor Sec’y Walsh: If Trump Admin. Invested in Refineries, ‘We Wouldn’t Be Where We Are Today’
On Friday’s “CNN Newsroom,” Labor Secretary Marty Walsh argued that the problems with energy and gas weren’t created by the Biden administration, which is dealing with the war in Ukraine and the actions of OPEC, and stated that “if the
Energy Leaders Look to Natural Gas Pipelines, Exports as Oil Prospects Fade
President Joe Biden continues his campaign to destroy domestic oil production leading some midstream U.S. companies to shift their attention to natural gas pipelines and export infrastructure as a way to increase growth opportunities.
GOP Lawmakers Urge EPA to Stand Firm on Trump Energy Accomplishments
A group of Republican lawmakers is urging Environmental Protection Agency Administrator Andrew Wheeler to stand with the men and women who earn livelihoods working in America’s small refineries across the country and to block Democrats’ efforts to lobby the agency to stop issuing Small Refinery Exemptions (SRE’s).
