China now adding stress to diesel markets – Where do we go from here?

China is once again withholding refined products from the global market, layering fresh stress onto an already strained diesel complex. On October 1, 2026, trade sources reported that Chinese refiners have suspended oil-product exports for October to destinations other than Hong Kong and Macau, pending new guidance from Beijing. State-owned major PetroChina has canceled planned […]

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The messaging problem: “global gas” is not how Britain actually buys gas

The official line since the energy crisis has been simple. Families and businesses are exposed because fossil-fuel prices are set internationally. After the latest Middle East shock, ministers said Britain had to “get off the fossil fuel rollercoaster” and that “when global gas prices spike, people here shouldn’t be picking up the tab.” Ofgem and […]

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Britain’s £150 billion grid rebuild is being sold as the price of cheap, clean power. The more useful question is whether the country is paying to lock in an expensive, weather-dependent system after already shutting the firm plants that used to keep prices and industry competitive.

The National Energy System Operator’s figures put transmission investment at about £64 billion through 2030 and another £89 billion after that—more than £150 billion in all. The Guardian’s mapping of official recommendations points to well over 4,000 miles of new power lines by 2041, plus subsea cables and converter stations to move Scottish and offshore […]

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Minister to meet Jaguar Land Rover boss as thousands of job cuts expected due to Net Zero

Business Secretary Jonathan Reynolds will meet Jaguar Land Rover chief executive PB Balaji and Unite general secretary Sharon Graham early this week to discuss thousands of expected job cuts at Britain’s largest carmaker. JLR has opened a voluntary redundancy program for salaried and management staff as it targets £1.7 billion in savings over two years. […]

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UK refineries are being killed off by high carbon costs. How U.S. Blue States are following the same playbook

Britain’s downstream oil sector is shrinking in real time. Two refineries closed in 2025—Grangemouth in April and Lindsey in August—leaving only four operating sites: Fawley, Humber, Pembroke, and Stanlow. Liquid fuels still account for 47 percent of UK final energy consumption. There are no scalable near-term substitutes for diesel in freight, agriculture, and construction or […]

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