Refining
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.
Repsol plans to boost jet fuel output as Iran war disrupts global supply
The company expects to produce between 560,000 and 570,000 barrels of oil equivalent per day (boed) in 2026, which could increase, depending on improvement in Venezuela.
Venezuela's PDVSA controlling fire at Cardon refinery's cracker
Power outages and fires are frequent at PDVSA's deteriorated refineries, which typically work at a fraction of capacity.
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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
