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Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023
Downstream

Beijing Tells Major Oil Refiners No More Fuel Export Quota in 2023

September 30, 2023 Mariel Alumit

The Chinese government has told the country’s major oil refiners not to expect any more fuel export quotas this year, according to people with knowledge of the matter. The state-owned processors and fuel suppliers understand […]

Moscow
Downstream

Moscow Mulls New Steps to End Fuel Crisis

September 28, 2023 Mariel Alumit

Moscow is proposing a number of additional measures to resolve the crisis on the domestic oil products market on top of the gasoline and diesel export ban introduced last week. Russian Deputy Prime Minister Alexander Novak, at […]

California
Downstream

Why Are Gas Prices So High In California?

September 27, 2023 Mariel Alumit

In 2012, the retail price of gasoline was about 30 cents higher in California than in the rest of the country. This difference rose to well over $2 per gallon earlier this fall, when gasoline […]

Ethanol
Climate Crisis

Ethanol groups slam US EPA advisors for report on fuel’s ‘minimal’ climate benefit

September 25, 2023 Mariel Alumit

WASHINGTON, Sept 21 (Reuters) – The ethanol and corn industries on Thursday slammed an advisory board to the U.S. Environmental Protection Agency for a draft report that found there could be little climate benefit to […]

Russia
Exports

Russia bans fuel exports as deliveries to military surge

September 22, 2023 Mariel Alumit

Russia has temporarily banned the export of gasoline and diesel to all countries outside a group of four ex-Soviet states, aiming to stabilize its domestic fuel market, as supplies of diesel to the military surge. […]

Moscow
Energy Crisis

Moscow Slaps Ban on Diesel, Gasoline Exports

September 22, 2023 Mariel Alumit

Russia stunned global oil markets Thursday by announcing a temporary ban on exports of gasoline and diesel starting Sep. 21, in a bid by Moscow to stabilize volatile prices and supplies on the domestic market. […]

Rishi
Climate Crisis

Rishi Sunak announces U-turn on key green targets

September 20, 2023 Mariel Alumit

Rishi Sunak has announced a major U-turn on the government’s climate commitments as he promised to put his party on a more radical path in an attempt to close the gap with Labour before the […]

oil
Crude Oil News

US contacts oil producers, refiners as gasoline prices rise

September 15, 2023 Mariel Alumit

WASHINGTON, Sept 13 (Reuters) – The U.S. Energy Department has talked to oil producers and refiners to ensure stable fuel supplies at a time of rising gasoline prices, Jared Bernstein, head of the White House […]

"No Plan B, No Excess Capacity Anywhere": Oil Industry Warns Of Looming Refining Crisis As "Dirty" China Grabs Market Share Tyler Durden's Photo BY TYLER DURDEN
Crude Oil News

“No Plan B, No Excess Capacity Anywhere”: Oil Industry Warns Of Looming Refining Crisis As “Dirty” China Grabs Market Share

September 9, 2023 Mariel Alumit

Over the past 3 years, we have often said that with the Biden administration’s unprecedented and bizarre belligerence toward the US E&P sector, where even Rabobank notes tongue-in-cheek that the Fed is purposefully selling oil to keep […]

Government
Commodities

Red tape is holding up dozens of key energy projects, new research shows – Biden strikes again

September 9, 2023 Mariel Alumit

Watch the latest video at foxnews.com FIRST ON FOX: New research published Friday morning and shared with Fox News Digital sheds light on the growing backlog of energy projects that have been slowed by a cumbersome permitting process. […]

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