Tag: Oil Refineries
Iran, Venezuela, Syria ink tripartite deal to construct refinery in Homs
TEHRAN – Iran, Venezuela, and Syria have signed a trilateral agreement to cooperate on constructing a new oil refinery in Syria’s Homs Province, a senior official with the Iranian Oil Ministry said.
Iran, Venezuela, Syria ink tripartite deal to construct refinery in Homs
Oil Falls Further On EIA Inventory Report
Oil Falls Further On EIA Inventory Report
The Department of Energy provided some support for prices with an update from Energy Secretary Granholm, who said the department still planned to begin refilling the strategic petroleum reserve later this year, although she did not provide any specifics.
Telegram channels reported an attack on a substation of the Transneft-Druzhba oil pipeline by a Ukrainian UAV
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On the morning of March 3, an unmanned aerial vehicle of the Armed Forces of Ukraine attacked a substation of the Transneft-Druzhba oil pipeline. This is reported by the Baza Telegram channel, citing a source familiar with the situation.
Telegram channels reported an attack on a substation of the Transneft-Druzhba oil pipeline by a Ukrainian UAV
Related:
Russia starts pumping Kazakh oil to Germany, flows to Poland halted
[2022] The Soviet pipeline that keeps Europe hooked on Moscow’s oil
Diesel Crisis Deepens As Inventories Fall To Dangerous Levels
Diesel Crisis Deepens As Inventories Fall To Dangerous Levels
Yet right now, U.S. buyers are snapping up diesel cargos from Europe in a way similar to how Europe has been snapping up LNG cargos originally meant for Asian destinations. And supply is not going up fast enough because there is not enough refining capacity for it to go up fast enough or even meaningfully enough. And this spells a lot more trouble for both Europe and the U.S., especially in the inflation department.
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How Joe Biden Made the War in Ukraine a Gift to the Gas Industry
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How Joe Biden Made the War in Ukraine a Gift to the Gas Industry
The letter, dated February 25, just one day after Vladimir Putin’s forces launched their assault on Ukraine, noted the “dangerous juncture” of the moment before segueing into a list of demands: more drilling on US public lands; the swift approval of proposed gas export terminals; and pressure on the Federal Energy Regulatory Commission, an independent agency, to greenlight pending gas pipelines.
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Much of the new gas infrastructure won’t be operational for several years, which may be beyond the timeframe of the Russia-Ukraine conflict that has squeezed supplies and caused gas prices to spike. So much LNG export is planned or under construction, adding up to about half of all total US gas production, that it will probably cause gas prices to climb for domestic American users, according to Clark Williams-Derry, analyst at the Institute for Energy Economics and Financial Analysis
“It’s beginning to eat into the amount of gas available to domestic consumers,” said Williams-Derry. “We will see very severe impacts on domestic US gas prices. We will see the impacts for as long as the eye can see.”
Rahul Gandhi – The Most Establishment Populist, protests rising prices, lack of jobs
Rahul Gandhi – The Most Establishment Populist
This ambitious attempt to reconnect with the masses fails to take into account what Gandhi himself acknowledged in London: that the INC was central to building the structures that it now claims have been captured by the BJP and RSS. Gandhi also ignores that the INC [Indian National Congress] itself was central to corrupting these structures.
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Banerjee’s criticism gets to the heart of the problem that Gandhi faces with the Bharat Jodo Yatra. Looking to the people of India for support to oppose the BJP makes sense, it will indeed take a large supporter base to remove the BJP and release its grip from the tools of power. The INC and Gandhi, however, cannot expect to build such a support base on an anti-corruption and anti-state capture march. As Gandhi himself acknowledged, the INC was central to putting in place the structures of independent India. What he fails to recognize, or acknowledge, is that the INC also has its own very real and recent history of exploiting these very same structures, whether to suspend the rule of law and hold on to power or simply to extract wealth while in power. In the multiparty contest to dethrone Modi, the INC cannot easily pivot from embodying the Indian state itself to campaigning on a populist charge to oppose the deep state.
Related:
India’s main opposition protests rising prices, lack of jobs
BY ASSOCIATED PRESS
NEW DELHI (AP) — Thousands of Indians rallied on Sunday under key opposition Congress party leader Rahul Gandhi, who made a scathing attack on Prime Minister Narendra Modi’s government over soaring unemployment and rising food and fuel prices in the country.
Notes for Self:
Read More »Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
The writing is on the wall for Europe in terms of this coming winter – It’s going to get ugly. With natural gas imports from Russia cut by 80% through Nord Stream 1 along with the majority of oil shipments, the EU is going to be scrambling for whatever fuel sources they can find to supply electricity and heating through the coming winter. Two sources that were originally suggested as alternatives were Iran and Venezuela.
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
Related:
Venezuela: Oil Production Declines as Shipments to Europe Suspended
Caracas’ oil operations were affected by mechanical disruptions caused by alleged attacks against oil facilities. On July 16 a natural gas pipeline explosion and a power outage interrupted PDVSA’s supply to its main crude production and export hub, the José Antonio Anzoátegui industrial complex in eastern Venezuela.
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With the operational disruption depleting Venezuela’s lightest oil grade stocks, Iran recently began to increase its supply of 29.5°API blend, a lighter alternative to Venezuela’s 16°API Merey, in order to boost fuel production and free domestic upgraded blends for exports.
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However, anonymous sources revealed that Caracas might suspend crude cargoes to Europe while the industry recovers from recent setbacks. PDVSA is reportedly negotiating the terms of the oil-for-debt agreements with Eni and Repsol to receive fuel while still settling long-standing debts owed to the two companies.
Neither Venezuela’s Oil Ministry nor PDVSA has issued statements confirming the alleged halted shipments to Europe or the renegotiation of the swap deals.
Washington steals over 80 percent of Syria’s oil output per day
The losses incurred by the trafficking campaign surpass $100bln, according to Syria’s oil ministry
Washington steals over 80 percent of Syria’s oil output per day
H/T: Unorthodox Truth
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