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🚨Port Arthur Refinery explodes into flames An explosion rocked America's 9th largest refinery (cap.: 369k bbls/day) operated by Wilmar Pedraza late Monday afternoon, forcing employee evacuations and shelter-in-place orders for nearby neighborhoods. Here's what we know: ⚡️The explosion occurred in a 243-Diesel hydrotreater unit capable of producing about 47,000...

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⚡️David Blackmon⚡️

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14,264 просмотров • 6 месяцев назад •via X (Twitter)

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💥 Explosion at giant Valero refinery in Texas: facility with 435,000 bpd capacity partially shut down A powerful explosion hit the Valero Port Arthur refinery in Texas — one of the largest in the US and among the top 5 in the country. The fire broke out in the diesel hydrotreater unit. Crews have contained it, but haven’t fully extinguished it yet — it may keep burning for hours due to remaining fuel. The refinery accounts for about 1–2% of total US oil refining capacity. Operators have shut down part of the facility. A faulty industrial heater is the likely cause. This marks the second similar incident in Texas in the past two weeks.
0:04

💥 Explosion at giant Valero refinery in Texas: facility with 435,000 bpd capacity partially shut down A powerful explosion hit the Valero Port Arthur refinery in Texas — one of the largest in the US and among the top 5 in the country. The fire broke out in the diesel hydrotreater unit. Crews have contained it, but haven’t fully extinguished it yet — it may keep burning for hours due to remaining fuel. The refinery accounts for about 1–2% of total US oil refining capacity. Operators have shut down part of the facility. A faulty industrial heater is the likely cause. This marks the second similar incident in Texas in the past two weeks.

NEXTA

35,238 просмотров • 6 месяцев назад

🚨 BREAKING 🚨 A major fire has broken out at the Valero Energy refinery in Port Arthur, Texas — one of the largest and most critical refineries in the United States, known for producing JP-8 military jet fuel and diesel supplied to Israel and U.S. forces. The blaze started in a diesel hydrotreater unit (Unit 243) after a process fluid release and explosion on March 23. Thick black smoke is visible for miles, and the refinery has been temporarily shut down to contain the fire. No injuries have been reported so far, and a shelter-in-place order was issued for nearby residents before being lifted after air quality checks. JP-8 is a specialized military-grade jet fuel with additives for corrosion protection and anti-icing, critical for high-performance aircraft like F-35s and other fighter jets. Valero’s Port Arthur facility is one of the key U.S. producers of this fuel. This incident comes at a highly sensitive time amid the ongoing US-Israel-Iran conflict and global fuel supply strains caused by disruptions in the Strait of Hormuz. The refinery (380,000 barrels per day capacity) is expected to restart later this week, but the diesel unit damage could tighten already strained fuel markets further. Developing situation — more updates as they come in. 🔥🛢️ #ValeroRefinery #PortArthurFire #JP8 #FuelCrisis
0:46

🚨 BREAKING 🚨 A major fire has broken out at the Valero Energy refinery in Port Arthur, Texas — one of the largest and most critical refineries in the United States, known for producing JP-8 military jet fuel and diesel supplied to Israel and U.S. forces. The blaze started in a diesel hydrotreater unit (Unit 243) after a process fluid release and explosion on March 23. Thick black smoke is visible for miles, and the refinery has been temporarily shut down to contain the fire. No injuries have been reported so far, and a shelter-in-place order was issued for nearby residents before being lifted after air quality checks. JP-8 is a specialized military-grade jet fuel with additives for corrosion protection and anti-icing, critical for high-performance aircraft like F-35s and other fighter jets. Valero’s Port Arthur facility is one of the key U.S. producers of this fuel. This incident comes at a highly sensitive time amid the ongoing US-Israel-Iran conflict and global fuel supply strains caused by disruptions in the Strait of Hormuz. The refinery (380,000 barrels per day capacity) is expected to restart later this week, but the diesel unit damage could tighten already strained fuel markets further. Developing situation — more updates as they come in. 🔥🛢️ #ValeroRefinery #PortArthurFire #JP8 #FuelCrisis

U R B A N S E C R E T S 🤫

12,268 просмотров • 6 месяцев назад

🚨 WE ARE AT WAR — U.S. ENERGY TARGET HIT — MASSIVE EXPLOSION ERUPTS AT ONE OF AMERICA’S LARGEST REFINERIES — BOOMS HEARD MILES AWAY A Valero refinery in Port Arthur, Texas just erupted into flames after a reported explosion, and the footage is unreal. • One of the largest refineries in the U.S. (~335,000 barrels/day) • Massive fireball and thick black smoke pouring into the sky • Residents say the blast shook homes and rattled windows • Shelter-in-place warnings issued as the situation unfolds This isn’t some small facility… this is critical U.S. energy infrastructure going up in flames. If this isn’t an accident… what does that mean for what comes next?
1:56

🚨 WE ARE AT WAR — U.S. ENERGY TARGET HIT — MASSIVE EXPLOSION ERUPTS AT ONE OF AMERICA’S LARGEST REFINERIES — BOOMS HEARD MILES AWAY A Valero refinery in Port Arthur, Texas just erupted into flames after a reported explosion, and the footage is unreal. • One of the largest refineries in the U.S. (~335,000 barrels/day) • Massive fireball and thick black smoke pouring into the sky • Residents say the blast shook homes and rattled windows • Shelter-in-place warnings issued as the situation unfolds This isn’t some small facility… this is critical U.S. energy infrastructure going up in flames. If this isn’t an accident… what does that mean for what comes next?

HustleBitch

3,653,801 просмотров • 6 месяцев назад

🚨 BREAKING: MAJOR U.S. REFINERY EXPLOSION — CRITICAL ENERGY SITE HIT A Valero Energy refinery in Port Arthur, Texas has erupted into flames following a reported explosion. And this is not a minor site. • One of the largest refineries in the United States (~335,000 barrels/day) • Massive fireball and thick black smoke visible for miles • Residents report homes shaking from the blast • Shelter-in-place warnings issued This is key U.S. energy infrastructure. When a facility like this goes down, the impact isn’t local — it ripples through: Fuel supply Energy prices National stability At this stage, the cause remains unclear. But one question is already being asked: If this wasn’t an accident… what does that mean for what comes next?
1:56

🚨 BREAKING: MAJOR U.S. REFINERY EXPLOSION — CRITICAL ENERGY SITE HIT A Valero Energy refinery in Port Arthur, Texas has erupted into flames following a reported explosion. And this is not a minor site. • One of the largest refineries in the United States (~335,000 barrels/day) • Massive fireball and thick black smoke visible for miles • Residents report homes shaking from the blast • Shelter-in-place warnings issued This is key U.S. energy infrastructure. When a facility like this goes down, the impact isn’t local — it ripples through: Fuel supply Energy prices National stability At this stage, the cause remains unclear. But one question is already being asked: If this wasn’t an accident… what does that mean for what comes next?

Jim Ferguson

74,362 просмотров • 6 месяцев назад

More footage from the burning oil refinery in Ufa, and some information about the plant and its strategic importance for Russia: The drone strike likely hit the area of the AVT-5 distillation unit, critical to the plant's operations; a large fire broke out at the site. Without this unit, further oil processing is impossible. Bashneft-Novoil (Novo-Ufimsky oil refinery), located approximately 1,300 kilometers from the Ukrainian border, has a crude processing capacity of about 7.3 million tons per year. The facility produces high-octane gasoline, motor and industrial oils, aviation and jet fuel, diesel fuel, bitumen, and other petroleum products. Two other plants - Bashneft-Ufaneftekhim and Bashneft-UNPZ - are located near Bashneft-Novoil. This makes the northern industrial zone of Ufa one of the largest petrochemical hubs in Russia. Prior to this, Ukrainian drones attacked it on March 22.
0:24

More footage from the burning oil refinery in Ufa, and some information about the plant and its strategic importance for Russia: The drone strike likely hit the area of the AVT-5 distillation unit, critical to the plant's operations; a large fire broke out at the site. Without this unit, further oil processing is impossible. Bashneft-Novoil (Novo-Ufimsky oil refinery), located approximately 1,300 kilometers from the Ukrainian border, has a crude processing capacity of about 7.3 million tons per year. The facility produces high-octane gasoline, motor and industrial oils, aviation and jet fuel, diesel fuel, bitumen, and other petroleum products. Two other plants - Bashneft-Ufaneftekhim and Bashneft-UNPZ - are located near Bashneft-Novoil. This makes the northern industrial zone of Ufa one of the largest petrochemical hubs in Russia. Prior to this, Ukrainian drones attacked it on March 22.

Anton Gerashchenko

44,066 просмотров • 6 месяцев назад

Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.
0:42

Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.

Trending Explained

143,829 просмотров • 2 лет назад

Three attacks that happened in the past 6 hours confirm we are in global energy war. Valero's Port Arthur refinery exploded in Texas. Israeli strikes cut power to two Iranian cities. An Iranian drone knocked out electricity to part of Kuwait. This is not coincidence. This is the shape of a global energy war. Valero Port Arthur is not a random refinery. It is one of the largest in the US, configured specifically to process Venezuelan heavy crude. The Trump administration had just unlocked Venezuelan oil exports to US buyers to compensate for Hormuz disruption. That processing node is now offline. Valero Port Arthur is the next-door neighbour of Saudi Aramco-owned Motiva Port Arthur Refinery (1 km apart) with 640,000 barrels per day. The largest refinery in the United States. Motiva is the processing backbone for Venezuelan heavy crude that Saudi is helping the US redirect away from China and into Gulf Coast supply chains. Iran has been hitting Saudi energy infrastructure for weeks. The refinery that just exploded sits 1.3 miles from the crown jewel of Saudi oil processing on American soil. That is not a coincidence. Iran and its adversaries are hitting each other's downstream infrastructure. Refineries, power grids, gas terminals. The logic is simple. You cannot sustain a war economy without energy processing capacity. So you target the processing. What happened in Texas fits that pattern. This is not the first time a Gulf Coast energy facility has been hit during or after a Middle East war. It happened during the last conflict too. Port Arthur is close to the Mexican border. A drone launched from Mexican territory could reach it. That is not speculation. That is geography. The energy war is not coming. It is already global and running across 4 continents simultaneously.
0:23

Three attacks that happened in the past 6 hours confirm we are in global energy war. Valero's Port Arthur refinery exploded in Texas. Israeli strikes cut power to two Iranian cities. An Iranian drone knocked out electricity to part of Kuwait. This is not coincidence. This is the shape of a global energy war. Valero Port Arthur is not a random refinery. It is one of the largest in the US, configured specifically to process Venezuelan heavy crude. The Trump administration had just unlocked Venezuelan oil exports to US buyers to compensate for Hormuz disruption. That processing node is now offline. Valero Port Arthur is the next-door neighbour of Saudi Aramco-owned Motiva Port Arthur Refinery (1 km apart) with 640,000 barrels per day. The largest refinery in the United States. Motiva is the processing backbone for Venezuelan heavy crude that Saudi is helping the US redirect away from China and into Gulf Coast supply chains. Iran has been hitting Saudi energy infrastructure for weeks. The refinery that just exploded sits 1.3 miles from the crown jewel of Saudi oil processing on American soil. That is not a coincidence. Iran and its adversaries are hitting each other's downstream infrastructure. Refineries, power grids, gas terminals. The logic is simple. You cannot sustain a war economy without energy processing capacity. So you target the processing. What happened in Texas fits that pattern. This is not the first time a Gulf Coast energy facility has been hit during or after a Middle East war. It happened during the last conflict too. Port Arthur is close to the Mexican border. A drone launched from Mexican territory could reach it. That is not speculation. That is geography. The energy war is not coming. It is already global and running across 4 continents simultaneously.

MENA Unleashed

31,562 просмотров • 6 месяцев назад

Everyone is asking why gasoline prices refuse to fall even as oil gets cheaper. The answer has nothing to do with crude supply. China is buying dramatically fewer barrels, pushing crude prices down. But refineries cannot flip a switch and instantly convert that crude into gasoline, diesel, and jet fuel. Inventories were drained during months of disruption. New refinery capacity is years away. So the market has split in two: cheap crude on one side, historically expensive refined fuel on the other. The bottleneck was never about oil in the ground. It is about the world's shrinking ability to turn that oil into usable fuel, in the right place, at the right time. That gap is what shows up at the pump, and it is not closing anytime soon.
2:37

Everyone is asking why gasoline prices refuse to fall even as oil gets cheaper. The answer has nothing to do with crude supply. China is buying dramatically fewer barrels, pushing crude prices down. But refineries cannot flip a switch and instantly convert that crude into gasoline, diesel, and jet fuel. Inventories were drained during months of disruption. New refinery capacity is years away. So the market has split in two: cheap crude on one side, historically expensive refined fuel on the other. The bottleneck was never about oil in the ground. It is about the world's shrinking ability to turn that oil into usable fuel, in the right place, at the right time. That gap is what shows up at the pump, and it is not closing anytime soon.

Jeffrey P. Snider

21,354 просмотров • 1 месяц назад

Could the fuel crisis in Russia break the back of the Russian war economy? It has already evolved from a problem into a systemic vulnerability. Strikes on oil refineries have put at risk the domestic infrastructure essential to the day-to-day functioning of the Russian state. A symbolic and practical turning point was the strike on the Omsk refinery - Russia's largest refinery and one of its key producers of gasoline and diesel. After the attack, the refinery halted processing. The Moscow refinery in Kapotnya, the largest fuel supplier to the capital region, is unlikely to resume operations before at least the end of the year following strikes in June. Estimates of the scale of the damage vary, but they point to the same trend: Ukraine is no longer merely carrying out isolated strikes on individual targets but is creating a cumulative effect in which Russia's repair capacity is beginning to fall behind the pace of damage. The most vulnerable point in this crisis is the agricultural sector. The harvest has coincided with peak summer fuel demand, making diesel a critical resource. Russia's harvesting campaign in early July was running one to two weeks behind last year's pace, with weather and fuel supply problems cited among the reasons. Crops are being harvested late, grain quality is deteriorating, and logistics costs are rising. As expected, large agricultural holdings - which have stockpiles, long-term contracts, access to the wholesale market, and administrative channels - are faring better. Small and medium-sized farmers, by contrast, are likely to go bankrupt. The Russian authorities continue largely to deny the problem, but in practice they are shifting toward emergency management of the shortage. The first set of measures involves a ban on diesel exports and the start of fuel imports. For a country accustomed to presenting itself as an energy superpower, the very need to import petroleum products is humiliating. The second set of measures is the degradation of standards. The Russian government has allowed the use of Euro-3 gasoline until the end of 2026, and parliament has passed tax changes that permit the use of lower-quality components for blending straight-run gasoline, postpone part of the refinery modernization, and provide for subsidies for fuel imports. The third set of measures is administrative rationing. In June, most Russian regions introduced some form of restriction on gasoline or diesel sales: volume limits, unreliable fuel availability, pumps marked "out of service," lines, and periodic disruptions at gas stations. In the medium term, the worst effects may emerge not only in the 2026 harvest but also in the next agricultural cycle - primarily during the 2027 sowing season. The fuel crisis has only just begun, but the most interesting period still lies ahead: seasonal demand peaks in August and September. The future of Russia's war economy will depend primarily on the balance between the pace of Ukrainian strikes, the effectiveness of Russian air defenses, and the ability of repair crews to restore refinery operations. If that balance continues to shift against Russia, the fuel crisis could create conditions in which the Russian authorities would want to end the war. 📹: Fiery footage of attacks on the Moscow oil refinery and other targets in Russia
2:38

Could the fuel crisis in Russia break the back of the Russian war economy? It has already evolved from a problem into a systemic vulnerability. Strikes on oil refineries have put at risk the domestic infrastructure essential to the day-to-day functioning of the Russian state. A symbolic and practical turning point was the strike on the Omsk refinery - Russia's largest refinery and one of its key producers of gasoline and diesel. After the attack, the refinery halted processing. The Moscow refinery in Kapotnya, the largest fuel supplier to the capital region, is unlikely to resume operations before at least the end of the year following strikes in June. Estimates of the scale of the damage vary, but they point to the same trend: Ukraine is no longer merely carrying out isolated strikes on individual targets but is creating a cumulative effect in which Russia's repair capacity is beginning to fall behind the pace of damage. The most vulnerable point in this crisis is the agricultural sector. The harvest has coincided with peak summer fuel demand, making diesel a critical resource. Russia's harvesting campaign in early July was running one to two weeks behind last year's pace, with weather and fuel supply problems cited among the reasons. Crops are being harvested late, grain quality is deteriorating, and logistics costs are rising. As expected, large agricultural holdings - which have stockpiles, long-term contracts, access to the wholesale market, and administrative channels - are faring better. Small and medium-sized farmers, by contrast, are likely to go bankrupt. The Russian authorities continue largely to deny the problem, but in practice they are shifting toward emergency management of the shortage. The first set of measures involves a ban on diesel exports and the start of fuel imports. For a country accustomed to presenting itself as an energy superpower, the very need to import petroleum products is humiliating. The second set of measures is the degradation of standards. The Russian government has allowed the use of Euro-3 gasoline until the end of 2026, and parliament has passed tax changes that permit the use of lower-quality components for blending straight-run gasoline, postpone part of the refinery modernization, and provide for subsidies for fuel imports. The third set of measures is administrative rationing. In June, most Russian regions introduced some form of restriction on gasoline or diesel sales: volume limits, unreliable fuel availability, pumps marked "out of service," lines, and periodic disruptions at gas stations. In the medium term, the worst effects may emerge not only in the 2026 harvest but also in the next agricultural cycle - primarily during the 2027 sowing season. The fuel crisis has only just begun, but the most interesting period still lies ahead: seasonal demand peaks in August and September. The future of Russia's war economy will depend primarily on the balance between the pace of Ukrainian strikes, the effectiveness of Russian air defenses, and the ability of repair crews to restore refinery operations. If that balance continues to shift against Russia, the fuel crisis could create conditions in which the Russian authorities would want to end the war. 📹: Fiery footage of attacks on the Moscow oil refinery and other targets in Russia

Anton Gerashchenko

547,212 просмотров • 2 месяцев назад

SEEING IS BELIEVING- PH REFINERY Today, I was opportune to visit Port Harcourt Refinery to have firsthand experience on the operations of the refinery which commenced operation last month after about 3 years of intensive rehabilitation exercise. 1. The Refinery is a subsidiary of the Nigerian National Petroleum Company Limited, NNPC Limited and is located in Alesa-Eleme, few miles from Port Harcourt, Rivers State. The petrochemical complex consists of 2 different refineries, the Old PH Refinery, commissioned in 1965 with a nameplate capacity of 60,000 barrels per stream day (bpsd) and the New PH Refinery, commissioned in 1989 with a nameplate capacity of 150,000 bpsd bringing the combined capacity to 210,000 bpsd. 2. After years of underperformance due to operational challenges and inadequate maintenance, NNPCL, under the able leadership of the GCEO, Mele Kyari, Mele Kyari, OFR, initiated a comprehensive rehabilitation of the refineries in 2021. This effort resulted in the successful restart of the 60,000-bpsd hydroskimming refinery on November 22nd, 2024. As of November 26, 2024, the refinery was operating at 70% of its nameplate capacity, producing premium motor spirit (PMS), automotive gas oil (AGO), household kerosene (HHK), low-pour fuel oil and liquefied petroleum gas (LPG). 3. We were taken round the entire facility and I was excited about this particular rehabilitation project because almost all the pumps, instruments, valves, cables, flow meters, pipes, control equipment, tubes and cases have been completely replaced making almost brand new facility unlike ordinary rehabilitation projects where just few things are replaced. 4. The refinery currently produces the following daily outputs: PMS- 1.4m liters Kerosene: 900,000 liters AGO or Diesel-1.5m liters Low Pour Fuel Oil (LPFO): 2.1m liters Loading was ongoing with about 5 of the loading gantries actively loading due to the upcoming holiday. 5. We also seized the opportunity to go round and see the ongoing rehabilitation of the New Refinery (150,000 bpsd) which is about to be completed with more than 90% of the major work completed. 6. The revival of this refinery is one of the best things that happened to Nigerians because it has brought about competition in the market which impacted significantly on the price. The price today is N935/L nationwide for Dangote Refinery product and even N925 in some cases for NNPCL product. This is a direct benefit to hardworking Nigerians who are only interested in powering their activities with scarce resources. 7. History will be kind to Buhari who initiated the project, President Bola Tinubu who ensured continuity and completion and also the NNPCL under the able leadership of Mele Kyari for their huge contribution to energy security and nation building. 8. Thanks to the team of Engineers onsite for the warm reception and education. 9. God bless Nigeria 🇳🇬
0:46

SEEING IS BELIEVING- PH REFINERY Today, I was opportune to visit Port Harcourt Refinery to have firsthand experience on the operations of the refinery which commenced operation last month after about 3 years of intensive rehabilitation exercise. 1. The Refinery is a subsidiary of the Nigerian National Petroleum Company Limited, NNPC Limited and is located in Alesa-Eleme, few miles from Port Harcourt, Rivers State. The petrochemical complex consists of 2 different refineries, the Old PH Refinery, commissioned in 1965 with a nameplate capacity of 60,000 barrels per stream day (bpsd) and the New PH Refinery, commissioned in 1989 with a nameplate capacity of 150,000 bpsd bringing the combined capacity to 210,000 bpsd. 2. After years of underperformance due to operational challenges and inadequate maintenance, NNPCL, under the able leadership of the GCEO, Mele Kyari, Mele Kyari, OFR, initiated a comprehensive rehabilitation of the refineries in 2021. This effort resulted in the successful restart of the 60,000-bpsd hydroskimming refinery on November 22nd, 2024. As of November 26, 2024, the refinery was operating at 70% of its nameplate capacity, producing premium motor spirit (PMS), automotive gas oil (AGO), household kerosene (HHK), low-pour fuel oil and liquefied petroleum gas (LPG). 3. We were taken round the entire facility and I was excited about this particular rehabilitation project because almost all the pumps, instruments, valves, cables, flow meters, pipes, control equipment, tubes and cases have been completely replaced making almost brand new facility unlike ordinary rehabilitation projects where just few things are replaced. 4. The refinery currently produces the following daily outputs: PMS- 1.4m liters Kerosene: 900,000 liters AGO or Diesel-1.5m liters Low Pour Fuel Oil (LPFO): 2.1m liters Loading was ongoing with about 5 of the loading gantries actively loading due to the upcoming holiday. 5. We also seized the opportunity to go round and see the ongoing rehabilitation of the New Refinery (150,000 bpsd) which is about to be completed with more than 90% of the major work completed. 6. The revival of this refinery is one of the best things that happened to Nigerians because it has brought about competition in the market which impacted significantly on the price. The price today is N935/L nationwide for Dangote Refinery product and even N925 in some cases for NNPCL product. This is a direct benefit to hardworking Nigerians who are only interested in powering their activities with scarce resources. 7. History will be kind to Buhari who initiated the project, President Bola Tinubu who ensured continuity and completion and also the NNPCL under the able leadership of Mele Kyari for their huge contribution to energy security and nation building. 8. Thanks to the team of Engineers onsite for the warm reception and education. 9. God bless Nigeria 🇳🇬

MS Ingawa

164,444 просмотров • 1 год назад

We’re in a critical situation right now - there’s no easy fix to a lack of refinery capacity, a lack of strategic reserves and products, and now-depleted crude reserves. A route to partial normalisation would be looking to China to release spare refining capacity, which seems to be happening, but a return to full normalisation is unlikely any time soon. This will shape the broader commodity and macro-economic outlook. All other commodities are dirt and diesel: we saw all time highs in copper yesterday, record-high diesel last week - we’re going to see more highs across the non-energy complex. Throughout all this, the market is obsessed with crude oil - but everyone reading this right now, as well as the rest of the world, mostly has exposure to the refined product: gasoline, diesel, jet fuel. That will hit the headline CPI index very soon. And we’ve not event talked about food - Ukrainian strikes in the grain corridors in the Black Sea, as well as weather-impacted crop yields has combined to create a food crisis alongside the fuel crisis - wheat, corn and other crops have risen sharply over the summer. Again, that will hit the headline inflation number. The bottom line: this is a crisis not only caused by the Strait of Hormuz. Chokepoints from the Red Sea to the Black Sea grain corridor, the Rhine River, the Russian interior, the Panama Canal - weather, war and policymaking - have combined to create a crisis that has no easy way out. The energy crisis is here: it has arrived and it’s showing in the product prices, not in crude. My interview on CNBC Access Middle East with Dan Murphy can be watched in full below - thanks to Dan and team for inviting me on.
6:14

We’re in a critical situation right now - there’s no easy fix to a lack of refinery capacity, a lack of strategic reserves and products, and now-depleted crude reserves. A route to partial normalisation would be looking to China to release spare refining capacity, which seems to be happening, but a return to full normalisation is unlikely any time soon. This will shape the broader commodity and macro-economic outlook. All other commodities are dirt and diesel: we saw all time highs in copper yesterday, record-high diesel last week - we’re going to see more highs across the non-energy complex. Throughout all this, the market is obsessed with crude oil - but everyone reading this right now, as well as the rest of the world, mostly has exposure to the refined product: gasoline, diesel, jet fuel. That will hit the headline CPI index very soon. And we’ve not event talked about food - Ukrainian strikes in the grain corridors in the Black Sea, as well as weather-impacted crop yields has combined to create a food crisis alongside the fuel crisis - wheat, corn and other crops have risen sharply over the summer. Again, that will hit the headline inflation number. The bottom line: this is a crisis not only caused by the Strait of Hormuz. Chokepoints from the Red Sea to the Black Sea grain corridor, the Rhine River, the Russian interior, the Panama Canal - weather, war and policymaking - have combined to create a crisis that has no easy way out. The energy crisis is here: it has arrived and it’s showing in the product prices, not in crude. My interview on CNBC Access Middle East with Dan Murphy can be watched in full below - thanks to Dan and team for inviting me on.

Jeffrey Currie 🆔++

146,162 просмотров • 28 дней назад

DANGOTE EAST AFRICA REFINERY: This post is for archives. It will be useful soon when the dust settles. Anyone who knows this government knows one thing, every popular project and program is usually the most vulnerable to Patronage. They always know you can always get away with anything and attack those who ask credible questions as “wale hawataki tujenge this or that”. We are all in support of Foreign Direct Investments and especially from our African investors like Dangote. The questions and responsibilities is on the Government of Kenya who must not blubber but just make everything public. 1. We asked about the shareholders of the Kenyan subsidiary of Dangote refinery - Dangote East African Refinery. The response from the President was lengthy but didn’t provide such a simple request. Who are the shareholders of the Kenyan Subsidiary of Dangote East African Refinery? Simple. No anger, no explanation. Just the shareholders list. 2. How much land are we ceding to Dangote refinery? Is the value being converted to Equity or shareholding? What is the value? 3. How much has Kenya committed to invest directly into Dangote East Africa Refinery? Is there premium in the amount? 4. In the Lagos Refinery, the company had to build their own infrastructure including a Port and roads. Will the investment done by the previous governments in regard to Port and all count for anything? How much? 5. Is there any agreement committing Kenya into off take of the refined products? At what cost? As I type this, Nigeria where Dangote Cement is dominant has the highest retail prices of Cement in Africa. This is based of policies and agreements like the ones we must now make public. If the government cannot provide these details, we will do so on their behalf. We are not asking these questions because we don’t know the details, we are only giving them a chance to do what a responsible government should do. We are African and Africa is our Business..
4:26

DANGOTE EAST AFRICA REFINERY: This post is for archives. It will be useful soon when the dust settles. Anyone who knows this government knows one thing, every popular project and program is usually the most vulnerable to Patronage. They always know you can always get away with anything and attack those who ask credible questions as “wale hawataki tujenge this or that”. We are all in support of Foreign Direct Investments and especially from our African investors like Dangote. The questions and responsibilities is on the Government of Kenya who must not blubber but just make everything public. 1. We asked about the shareholders of the Kenyan subsidiary of Dangote refinery - Dangote East African Refinery. The response from the President was lengthy but didn’t provide such a simple request. Who are the shareholders of the Kenyan Subsidiary of Dangote East African Refinery? Simple. No anger, no explanation. Just the shareholders list. 2. How much land are we ceding to Dangote refinery? Is the value being converted to Equity or shareholding? What is the value? 3. How much has Kenya committed to invest directly into Dangote East Africa Refinery? Is there premium in the amount? 4. In the Lagos Refinery, the company had to build their own infrastructure including a Port and roads. Will the investment done by the previous governments in regard to Port and all count for anything? How much? 5. Is there any agreement committing Kenya into off take of the refined products? At what cost? As I type this, Nigeria where Dangote Cement is dominant has the highest retail prices of Cement in Africa. This is based of policies and agreements like the ones we must now make public. If the government cannot provide these details, we will do so on their behalf. We are not asking these questions because we don’t know the details, we are only giving them a chance to do what a responsible government should do. We are African and Africa is our Business..

Ndindi Nyoro

252,141 просмотров • 7 дней назад

SEYI MAKINDE RAISED THE SAME MATTER THAT I HAVE BEEN PLEADING WITH THE FGN TO EXECUTE SINCE 2023 SUBSIDISED PRODUCTION PRICING MODEL.THE SAME MODEL ADOPTED BY SAUDI ARABIA THE NNPC LTD AND DANGOTE REFINERIES ARE CURRENTLY FLEECING NIGERIANS THROUGH THEIR OBNOXIOUS ROCKET AND FEATHER PMS PRICE ADJUSTMENTS MECHANISM.. NMDPRA IS TIED UP BY THE CRIMINAL INSERTIONS IN THE PIB , THUS, HINDERED TO DO ANYTHING TO STOP THIS FLEECING.... I WISH TO SHARE MY CREATIVE SOLUTIONS AGAIN👇 I wrote the article below on July 2, 2023. I MODIFIED IT AGAIN IN 2024 AND MARCH 9, 2026... TODAY, SEPTEMBER 5, 2026, I AM sharing it again for the benefits of those, who honestly desire to see Nigeria fixed ...PROVERB 25:5 IS THE LOT OF NIGERIA TODAY.... All over the sane world, what is subsidised is production and not consumption... 💢TRANSPARENTLY SUBSIDISING DOMESTIC CRUDE OIL REFINING AND WHITE PETROLEUM PRODUCTS PRODUCTION IN NIGERIA ... ✍️The greatest impediment to creativity, production and support of honest entrepreneurship in Nigeria is the massive public sector corruption.... ✍️Nigeria has three refinery complex with combined refining capacity of 445,000 barrels a day that is dormant and refining nothing... ✍️The refineries are: 1. The Port Harcourt refinery comprises two units – the old plant 60,000bpd and the new plant (150,000bpd): 2. The Warri refinery has a capacity of 125,000bpd 3. The Kaduna Refinery with a 110,000 barrels per day refining capacity... ✍️Between 1993 to 2025, Nigeria has wasted over $17billion to $25billion on failed Turn Around Maintenance Programs on those three refinery complex with no success in sight . ✍️ These are brand new three refineries, that were built over a combined period, that spanned 24 years [ 1962 to 1986], between 3 Heads of State [ Gowon, Obasanjo and Babaginda] ✍️Kindly recollect that in March 2021, the Federal Executive Council approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. The Federal Government said the rehabilitation contract was awarded to Tecnimont SPA, an Italian company, and the refinery would be rehabilitated in about 44 months. ✍️In August 2021, FEC approved $1.48 billion for the rehabilitation of the Warri and Kaduna refineries. $897 million would be spent to repair the Warri refinery, while the Kaduna refinery will gulp $586 million. ✍️The contracts were awarded to Messers Saipem SPA and Saipem Contracting Limited and the refineries will be rehabilitated in three phases of 21, 23 and 33 months respectively. ✍️kindly note that Melee Kyari and co, just like I predicted in 2021/22,wasted and misappropriated the whole $3billion without the Refineries working ✍️In 2026. President Tinubu rather than take the creative and more pragmatic steps of unbundling and Restructuring the ownership, operation and management the NNPC, so as to enable it run like the PETROBRAS AND NLNG, has once again like Buhari, caved in to the wrong counsels of these guys , who leech on our common patrimony, by approving another NNPC waste jamboree of $2.5billion with the Chinese. Any revamp works with NNPC still under the existing public sector corruption chokehold will never work . ✍️To build a brand new 160,000 barrels per day [8million/tons per annum] capacity refineries w equipped with catalytic cracking, vis-breaking, and gasoline units to yield upto 55% of gasoline from a barrel of crude processed with cost about $6billion ... ✍️Kindly note that out of this projected N6billion cost outlay, the very high proportion of “offsites” (production of utilities, storage, receiving and shipping facilities), represents almost 50% of the cost of such refinery..[ these facilties already exist in the existing refineries in Warri and Portharcourt ✍️Without sentiments, the Kaduna Refinery which is located far away from heavy crude supplies and looking at modern refinery technology in place today is way obsolete, unprofitable and should be scrapped
8:51

SEYI MAKINDE RAISED THE SAME MATTER THAT I HAVE BEEN PLEADING WITH THE FGN TO EXECUTE SINCE 2023 SUBSIDISED PRODUCTION PRICING MODEL.THE SAME MODEL ADOPTED BY SAUDI ARABIA THE NNPC LTD AND DANGOTE REFINERIES ARE CURRENTLY FLEECING NIGERIANS THROUGH THEIR OBNOXIOUS ROCKET AND FEATHER PMS PRICE ADJUSTMENTS MECHANISM.. NMDPRA IS TIED UP BY THE CRIMINAL INSERTIONS IN THE PIB , THUS, HINDERED TO DO ANYTHING TO STOP THIS FLEECING.... I WISH TO SHARE MY CREATIVE SOLUTIONS AGAIN👇 I wrote the article below on July 2, 2023. I MODIFIED IT AGAIN IN 2024 AND MARCH 9, 2026... TODAY, SEPTEMBER 5, 2026, I AM sharing it again for the benefits of those, who honestly desire to see Nigeria fixed ...PROVERB 25:5 IS THE LOT OF NIGERIA TODAY.... All over the sane world, what is subsidised is production and not consumption... 💢TRANSPARENTLY SUBSIDISING DOMESTIC CRUDE OIL REFINING AND WHITE PETROLEUM PRODUCTS PRODUCTION IN NIGERIA ... ✍️The greatest impediment to creativity, production and support of honest entrepreneurship in Nigeria is the massive public sector corruption.... ✍️Nigeria has three refinery complex with combined refining capacity of 445,000 barrels a day that is dormant and refining nothing... ✍️The refineries are: 1. The Port Harcourt refinery comprises two units – the old plant 60,000bpd and the new plant (150,000bpd): 2. The Warri refinery has a capacity of 125,000bpd 3. The Kaduna Refinery with a 110,000 barrels per day refining capacity... ✍️Between 1993 to 2025, Nigeria has wasted over $17billion to $25billion on failed Turn Around Maintenance Programs on those three refinery complex with no success in sight . ✍️ These are brand new three refineries, that were built over a combined period, that spanned 24 years [ 1962 to 1986], between 3 Heads of State [ Gowon, Obasanjo and Babaginda] ✍️Kindly recollect that in March 2021, the Federal Executive Council approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. The Federal Government said the rehabilitation contract was awarded to Tecnimont SPA, an Italian company, and the refinery would be rehabilitated in about 44 months. ✍️In August 2021, FEC approved $1.48 billion for the rehabilitation of the Warri and Kaduna refineries. $897 million would be spent to repair the Warri refinery, while the Kaduna refinery will gulp $586 million. ✍️The contracts were awarded to Messers Saipem SPA and Saipem Contracting Limited and the refineries will be rehabilitated in three phases of 21, 23 and 33 months respectively. ✍️kindly note that Melee Kyari and co, just like I predicted in 2021/22,wasted and misappropriated the whole $3billion without the Refineries working ✍️In 2026. President Tinubu rather than take the creative and more pragmatic steps of unbundling and Restructuring the ownership, operation and management the NNPC, so as to enable it run like the PETROBRAS AND NLNG, has once again like Buhari, caved in to the wrong counsels of these guys , who leech on our common patrimony, by approving another NNPC waste jamboree of $2.5billion with the Chinese. Any revamp works with NNPC still under the existing public sector corruption chokehold will never work . ✍️To build a brand new 160,000 barrels per day [8million/tons per annum] capacity refineries w equipped with catalytic cracking, vis-breaking, and gasoline units to yield upto 55% of gasoline from a barrel of crude processed with cost about $6billion ... ✍️Kindly note that out of this projected N6billion cost outlay, the very high proportion of “offsites” (production of utilities, storage, receiving and shipping facilities), represents almost 50% of the cost of such refinery..[ these facilties already exist in the existing refineries in Warri and Portharcourt ✍️Without sentiments, the Kaduna Refinery which is located far away from heavy crude supplies and looking at modern refinery technology in place today is way obsolete, unprofitable and should be scrapped

OBIARAERI, Nnaemeka Onyeka.

261,504 просмотров • 1 месяц назад

🔴Collection PORTRAITS OF SURVIVORS OF NAZISM AND SHOAH🔴 A collection that brings together portraits, biographies and testimonies of Holocaust Survivors. ⭐️ 25 portraits of survivors who arrived in Uruguay (minted) ⭐️ 20 portraits of survivors who arrived in Venezuela (a mint every day) ⭐️ 50 editions of each 💵 10 $XTZ Collectors: ⚡️lesliespurlock.sol | NFT.NYC 2024 🏴‍☠️ ⚡️@LarryHopewell23 ⚡️Jerrr ⚡️al🫧 ⚡️The Art of Haiku Collection ⚡️Doug ⚡️Tehraannft ⚡️Zach Lipp ⚡️Silvana.tez ⚡️Christy ⚡️Sunny ⚡️Siyasense|ARTIVIST🔆 ⚡️@0xDivit ⚡️Cb ⚡️Nik Kalyani ⚡️DoloresKrajnak NFTNYC Beeple Tokyo Miami London ⚡️Susy Gerosa ⚡️Cryptking.eth 👑 🦍 ⚡️Lauren McDonagh-Pereira Photography TEZ/ETH ⚡️Oriana José ⚡️Choen Lee ⚡️Cartujo ⚡️achenate ⚡️🌌LolaRheaStyx🌌 ⚡️rosstintexas ⚡️@KernPhotograpy ⚡️@KernPhotograpy 🔗 Links to both collections below 👇🏼 About this project: In the history of mankind there can be found no other crime so heinous, nor so coldly calculated, as the one that as that which annihilated millions of human beings in the Nazi concentration camps. This project has allowed me to enter for a brief moment into the lives of an important group of these exiles and survivors, who arrived in Latin American lands many years ago to start a new life; and who have given me the honor of knowing a little about them and their experiences, as well as to photograph them and immortalize them through photography. So far in minting this collection I have been able to portray 58 survivors: 20 from Venezuela 25 from Uruguay 13 from Argentina (in development) Chile and Brazil coming soon The first part of the survivors that arrived in Venezuela were minted as 1/1 NFTs on the ETH blockchain, Sloika Marketplace. I have decided that the survivors that arrived in Uruguay and Venezuela will be available in editions of 50 on the Tezos blockchain and the survivors from Argentina will be minted at a later date. My intention with the sale of the NFTs is to self-finance the project to give it continuity. Soon I must travel to Argentina to finish the group of survivors from that country, then to Chile where there are 13 survivors waiting to be portrayed and then continue moving around Latin America to continue with the project. Another of the main objectives is to finance the printing of a book that gathers all the portraits, biographies and testimonies of each survivor. On the credits page of the book will be all the names of the holders who supported this project with the purchase of NFTs or contributed in any way. Another very important support is to RT this information to other collectors. I could not find a better place than the blockchain for this project, with your support we will make history together. #tezos #tezoscommunity
3:49

🔴Collection PORTRAITS OF SURVIVORS OF NAZISM AND SHOAH🔴 A collection that brings together portraits, biographies and testimonies of Holocaust Survivors. ⭐️ 25 portraits of survivors who arrived in Uruguay (minted) ⭐️ 20 portraits of survivors who arrived in Venezuela (a mint every day) ⭐️ 50 editions of each 💵 10 $XTZ Collectors: ⚡️lesliespurlock.sol | NFT.NYC 2024 🏴‍☠️ ⚡️@LarryHopewell23 ⚡️Jerrr ⚡️al🫧 ⚡️The Art of Haiku Collection ⚡️Doug ⚡️Tehraannft ⚡️Zach Lipp ⚡️Silvana.tez ⚡️Christy ⚡️Sunny ⚡️Siyasense|ARTIVIST🔆 ⚡️@0xDivit ⚡️Cb ⚡️Nik Kalyani ⚡️DoloresKrajnak NFTNYC Beeple Tokyo Miami London ⚡️Susy Gerosa ⚡️Cryptking.eth 👑 🦍 ⚡️Lauren McDonagh-Pereira Photography TEZ/ETH ⚡️Oriana José ⚡️Choen Lee ⚡️Cartujo ⚡️achenate ⚡️🌌LolaRheaStyx🌌 ⚡️rosstintexas ⚡️@KernPhotograpy ⚡️@KernPhotograpy 🔗 Links to both collections below 👇🏼 About this project: In the history of mankind there can be found no other crime so heinous, nor so coldly calculated, as the one that as that which annihilated millions of human beings in the Nazi concentration camps. This project has allowed me to enter for a brief moment into the lives of an important group of these exiles and survivors, who arrived in Latin American lands many years ago to start a new life; and who have given me the honor of knowing a little about them and their experiences, as well as to photograph them and immortalize them through photography. So far in minting this collection I have been able to portray 58 survivors: 20 from Venezuela 25 from Uruguay 13 from Argentina (in development) Chile and Brazil coming soon The first part of the survivors that arrived in Venezuela were minted as 1/1 NFTs on the ETH blockchain, Sloika Marketplace. I have decided that the survivors that arrived in Uruguay and Venezuela will be available in editions of 50 on the Tezos blockchain and the survivors from Argentina will be minted at a later date. My intention with the sale of the NFTs is to self-finance the project to give it continuity. Soon I must travel to Argentina to finish the group of survivors from that country, then to Chile where there are 13 survivors waiting to be portrayed and then continue moving around Latin America to continue with the project. Another of the main objectives is to finance the printing of a book that gathers all the portraits, biographies and testimonies of each survivor. On the credits page of the book will be all the names of the holders who supported this project with the purchase of NFTs or contributed in any way. Another very important support is to RT this information to other collectors. I could not find a better place than the blockchain for this project, with your support we will make history together. #tezos #tezoscommunity

AaronSosa.eth |.tez

20,151 просмотров • 3 лет назад

🇪🇺 Europe is down to less than a month of jet fuel, and airlines are already starting to cut flights Europe's jet fuel cover just fell below a month, the lowest of any major market, and airlines in some pockets are already trimming schedules. Jeff Snider watches the airlines as this war's canary, and the canary is coughing. His map of the damage runs through the refinery, which is why crude at $82 undersells the problem. Refineries starved of crude wind down slowly and restart slower, the profit for turning oil into fuel just hit record highs, US gasoline stocks sit at mid 2010s lows after America exported fuel to plug holes abroad, and China is importing 41% LESS crude than last June, cooling oil prices while starving the world of diesel and jet fuel. The real energy shock is still ahead. Turns out the forecast is grimmer for being calmer. No 1929 rerun, since 2008 already cleaned out the banks. Instead, the silent depression the world has lived in since 2008 finally gets its 1970s fuel lines, and a world "somewhat short of 1929 is not a good place to live in." His clock is the hard part. This cannot run five years; it ends, one way or another, by New Year. And food prices join the story in the back half regardless.
25:04

🇪🇺 Europe is down to less than a month of jet fuel, and airlines are already starting to cut flights Europe's jet fuel cover just fell below a month, the lowest of any major market, and airlines in some pockets are already trimming schedules. Jeff Snider watches the airlines as this war's canary, and the canary is coughing. His map of the damage runs through the refinery, which is why crude at $82 undersells the problem. Refineries starved of crude wind down slowly and restart slower, the profit for turning oil into fuel just hit record highs, US gasoline stocks sit at mid 2010s lows after America exported fuel to plug holes abroad, and China is importing 41% LESS crude than last June, cooling oil prices while starving the world of diesel and jet fuel. The real energy shock is still ahead. Turns out the forecast is grimmer for being calmer. No 1929 rerun, since 2008 already cleaned out the banks. Instead, the silent depression the world has lived in since 2008 finally gets its 1970s fuel lines, and a world "somewhat short of 1929 is not a good place to live in." His clock is the hard part. This cannot run five years; it ends, one way or another, by New Year. And food prices join the story in the back half regardless.

Mario Nawfal

355,894 просмотров • 2 месяцев назад

Ukrainian strikes on Russian oil refineries have reduced gasoline production in Russia by approximately a quarter compared to June of last year, while emergency shutdowns at plants have also decreased exports of petroleum products. For the first time in many years, Moscow is preparing to import gasoline by sea, and the government has established a separate interagency task force to ensure fuel supplies to the regions. On June 28, Putin stated that the top priority for fuel distribution is the army and support for the agricultural sector ahead of the harvest. According to estimates from the Russian ministry of agriculture, the country requires about 4.7 million tons of diesel fuel and 630-690 thousand tons of gasoline annually to carry out all seasonal field work. The spring sowing campaign has already consumed nearly 2 million tons of diesel. Harvesting, autumn field work, and grain transportation require another approximately 2-3 million tons of diesel, with peak demand concentrated in July-September. Putin claims that current gasoline reserves stand at around 1.7 million tons. We know Putin constantly lies, but even these volumes are insufficient to simultaneously meet military needs, the agricultural sector, and civilian market demand without additional resource redistribution. Let’s see if Putin can get help from abroad. Belarus is the most accessible source of supply. Throughout 2025-2026, Minsk has increased deliveries of gasoline and diesel to Russia to several tens of thousands of tons per month. However, Belarus’s capabilities are limited by its two oil refineries and its own domestic demand. Even a significant increase in exports would cover only a small portion of Russia’s seasonal needs. Kazakhstan is considering supplying Russia with about 50 thousand tons of AI-92 gasoline. At the same time, the country is carrying out repairs at the Atyrau Refinery, entering its own high-demand harvest season, and maintains export restrictions on gasoline and diesel. Even if the delivery occurs, its volume will not have a significant impact on the overall balance of the Russian market. China theoretically has the greatest potential to help Russia. According to expert estimates, Chinese companies could supply up to 350 thousand tons of gasoline and about 100 thousand tons of diesel per month. However, the main obstacle remains financial settlements, particularly the risk of secondary sanctions. Sea imports from Asia can only be used as a temporary measure. They are more expensive than domestic production, require more complex logistics, and cannot quickly compensate for the losses from major Russian refineries. The geographical factor must also be taken into account. Supplies from China can primarily cover the Far East and parts of Eastern Siberia. Sea imports would arrive at western ports. Meanwhile, the greatest need for diesel fuel is in the agricultural regions of European Russia - the Central Black Earth region, the Volga region, Krasnodar region, Rostov region, and Stavropol region - where harvesting is underway and the main grain production is concentrated. However, Ukrainian strikes target not only refineries but also oil depots. This means that even with increased imports, there will be nowhere to store large volumes of fuel. ‼️ Thus, external assistance will not save Russia from a fuel shortage. What Russia can do - and is already doing - is to lower fuel quality requirements, allowing the production of gasoline and diesel to lower environmental standards. In parallel, the Russian government is already discussing the possibility of a complete ban on diesel exports. There will not be enough gasoline and diesel for everyone in Russia, but according to Putin, there will definitely be enough for the army. And therefore, Ukrainian drones still have a sufficiently long list of targets.
1:00

Ukrainian strikes on Russian oil refineries have reduced gasoline production in Russia by approximately a quarter compared to June of last year, while emergency shutdowns at plants have also decreased exports of petroleum products. For the first time in many years, Moscow is preparing to import gasoline by sea, and the government has established a separate interagency task force to ensure fuel supplies to the regions. On June 28, Putin stated that the top priority for fuel distribution is the army and support for the agricultural sector ahead of the harvest. According to estimates from the Russian ministry of agriculture, the country requires about 4.7 million tons of diesel fuel and 630-690 thousand tons of gasoline annually to carry out all seasonal field work. The spring sowing campaign has already consumed nearly 2 million tons of diesel. Harvesting, autumn field work, and grain transportation require another approximately 2-3 million tons of diesel, with peak demand concentrated in July-September. Putin claims that current gasoline reserves stand at around 1.7 million tons. We know Putin constantly lies, but even these volumes are insufficient to simultaneously meet military needs, the agricultural sector, and civilian market demand without additional resource redistribution. Let’s see if Putin can get help from abroad. Belarus is the most accessible source of supply. Throughout 2025-2026, Minsk has increased deliveries of gasoline and diesel to Russia to several tens of thousands of tons per month. However, Belarus’s capabilities are limited by its two oil refineries and its own domestic demand. Even a significant increase in exports would cover only a small portion of Russia’s seasonal needs. Kazakhstan is considering supplying Russia with about 50 thousand tons of AI-92 gasoline. At the same time, the country is carrying out repairs at the Atyrau Refinery, entering its own high-demand harvest season, and maintains export restrictions on gasoline and diesel. Even if the delivery occurs, its volume will not have a significant impact on the overall balance of the Russian market. China theoretically has the greatest potential to help Russia. According to expert estimates, Chinese companies could supply up to 350 thousand tons of gasoline and about 100 thousand tons of diesel per month. However, the main obstacle remains financial settlements, particularly the risk of secondary sanctions. Sea imports from Asia can only be used as a temporary measure. They are more expensive than domestic production, require more complex logistics, and cannot quickly compensate for the losses from major Russian refineries. The geographical factor must also be taken into account. Supplies from China can primarily cover the Far East and parts of Eastern Siberia. Sea imports would arrive at western ports. Meanwhile, the greatest need for diesel fuel is in the agricultural regions of European Russia - the Central Black Earth region, the Volga region, Krasnodar region, Rostov region, and Stavropol region - where harvesting is underway and the main grain production is concentrated. However, Ukrainian strikes target not only refineries but also oil depots. This means that even with increased imports, there will be nowhere to store large volumes of fuel. ‼️ Thus, external assistance will not save Russia from a fuel shortage. What Russia can do - and is already doing - is to lower fuel quality requirements, allowing the production of gasoline and diesel to lower environmental standards. In parallel, the Russian government is already discussing the possibility of a complete ban on diesel exports. There will not be enough gasoline and diesel for everyone in Russia, but according to Putin, there will definitely be enough for the army. And therefore, Ukrainian drones still have a sufficiently long list of targets.

Anton Gerashchenko

83,908 просмотров • 3 месяцев назад

HOW INTL OIL ‘SABOTAGED’ AFRICAN REFINERY Neo-colonialism, as defined by Kwame Nkrumah, is the practice of using economic, political and cultural tools to control a country without direct military occupation. The effective sabotage in 2024 of Nigeria’s Dangote Refinery is a textbook example of neo-colonialism at play. It demonstrates how multinational corporations and foreign governments work together to maintain a system that benefits the West at Africa’s expense. When Africa’s richest man, Aliko Dangote, announced his ambitious plan to build a $20-billion refinery in Nigeria, it sent shockwaves through the oil industry. Its goal is nothing short of revolutionary: to meet Nigeria’s domestic demand for refined petroleum products, eliminate the need for imports and even export to other African countries. But such a move was never going to be welcomed by those who benefit from the status quo. One of the most blatant acts of sabotage came from international oil companies, which essentially refused to sell Nigerian crude oil to the Dangote Refinery. Instead, they demanded a $6 premium above the market price, a move designed to make the refinery’s operations financially unviable. Forced to look elsewhere, the Dangote Refinery had to source crude oil from Brazil and the United States at higher costs, further straining its operations, even though the local market desperately needs petroleum products and the country wastes fortunes importing them. The sabotage of the Dangote Refinery is a stark reminder that the fight for African independence is far from over. While the days of formal colonialism may be behind us, the structures of exploitation remain firmly in place. Over the years, numerous attempts by African nations to build refining capacity and move up the value chain have been thwarted by the stranglehold of foreign corporations. For example, Angola, Africa’s second-largest oil producer, exports most of its crude oil - while importing over 80% of its refined petroleum products. Efforts to build local refineries have been repeatedly delayed or derailed, often due to pressure from foreign interests. The situation extends beyond oil. Africa’s vast reserves of minerals, timber, and agricultural products are similarly exported as raw materials, with the value-added processing taking place in Europe, North America, or China. Despite the interference, it’s hoped Dangote’s refinery will - eventually - boost pan-African integration and pave the way for a more self-reliant energy future across the continent.
4:40

HOW INTL OIL ‘SABOTAGED’ AFRICAN REFINERY Neo-colonialism, as defined by Kwame Nkrumah, is the practice of using economic, political and cultural tools to control a country without direct military occupation. The effective sabotage in 2024 of Nigeria’s Dangote Refinery is a textbook example of neo-colonialism at play. It demonstrates how multinational corporations and foreign governments work together to maintain a system that benefits the West at Africa’s expense. When Africa’s richest man, Aliko Dangote, announced his ambitious plan to build a $20-billion refinery in Nigeria, it sent shockwaves through the oil industry. Its goal is nothing short of revolutionary: to meet Nigeria’s domestic demand for refined petroleum products, eliminate the need for imports and even export to other African countries. But such a move was never going to be welcomed by those who benefit from the status quo. One of the most blatant acts of sabotage came from international oil companies, which essentially refused to sell Nigerian crude oil to the Dangote Refinery. Instead, they demanded a $6 premium above the market price, a move designed to make the refinery’s operations financially unviable. Forced to look elsewhere, the Dangote Refinery had to source crude oil from Brazil and the United States at higher costs, further straining its operations, even though the local market desperately needs petroleum products and the country wastes fortunes importing them. The sabotage of the Dangote Refinery is a stark reminder that the fight for African independence is far from over. While the days of formal colonialism may be behind us, the structures of exploitation remain firmly in place. Over the years, numerous attempts by African nations to build refining capacity and move up the value chain have been thwarted by the stranglehold of foreign corporations. For example, Angola, Africa’s second-largest oil producer, exports most of its crude oil - while importing over 80% of its refined petroleum products. Efforts to build local refineries have been repeatedly delayed or derailed, often due to pressure from foreign interests. The situation extends beyond oil. Africa’s vast reserves of minerals, timber, and agricultural products are similarly exported as raw materials, with the value-added processing taking place in Europe, North America, or China. Despite the interference, it’s hoped Dangote’s refinery will - eventually - boost pan-African integration and pave the way for a more self-reliant energy future across the continent.

African Stream

13,910 просмотров • 1 год назад

The Russian petrol market continues to break price records amid a growing fuel shortage that has engulfed southern regions. On Monday, September 4th, at the St. Petersburg International Commodity and Raw Materials Exchange, the price of "Premium-95" petrol surpassed 75,000 (about $770) rubles per tonne for the first time in history. Setting records for 10 consecutive trading days, AI-95 petrol has risen by 21% since the beginning of summer and 74% since the start of the year. The price increase for "Regular-92" was 21% and 76%, respectively, with quotes reaching 64,814 rubles per tonne. Summer diesel fuel was traded at 68,278 (about $700) rubles per tonne on Monday, a 58% increase compared to the beginning of the year. Such a sharp rise in the petrol futures market in Russia has not been seen in at least the last seven years. According to oil traders surveyed by Reuters, some Russian regions are experiencing a shortage of fuel, with deliveries not being made from oil depots, and the shortage has reached retail gas stations. "Krasnodar Krai, Adygea, Astrakhan – there are no volumes of 92 (gasoline) in retail, almost no 95, and diesel," according to source quoted by the agency. According to another trader, in the entire Samara region, diesel is not being sold from depots or at retail, and in the Rostov region, Krasnodar region, and Stavropol region, only a few private depots "occasionally supply small quantities." "The prices are insane," the owner of one of the oil depots said to Reuters. According to him, market participants are afraid to buy anything and are waiting for prices to drop, but that's not happening. The government blames "grey" exporters for the problems, as they purchase gasoline at subsidized prices from the budget and then sell it abroad at global prices.
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The Russian petrol market continues to break price records amid a growing fuel shortage that has engulfed southern regions. On Monday, September 4th, at the St. Petersburg International Commodity and Raw Materials Exchange, the price of "Premium-95" petrol surpassed 75,000 (about $770) rubles per tonne for the first time in history. Setting records for 10 consecutive trading days, AI-95 petrol has risen by 21% since the beginning of summer and 74% since the start of the year. The price increase for "Regular-92" was 21% and 76%, respectively, with quotes reaching 64,814 rubles per tonne. Summer diesel fuel was traded at 68,278 (about $700) rubles per tonne on Monday, a 58% increase compared to the beginning of the year. Such a sharp rise in the petrol futures market in Russia has not been seen in at least the last seven years. According to oil traders surveyed by Reuters, some Russian regions are experiencing a shortage of fuel, with deliveries not being made from oil depots, and the shortage has reached retail gas stations. "Krasnodar Krai, Adygea, Astrakhan – there are no volumes of 92 (gasoline) in retail, almost no 95, and diesel," according to source quoted by the agency. According to another trader, in the entire Samara region, diesel is not being sold from depots or at retail, and in the Rostov region, Krasnodar region, and Stavropol region, only a few private depots "occasionally supply small quantities." "The prices are insane," the owner of one of the oil depots said to Reuters. According to him, market participants are afraid to buy anything and are waiting for prices to drop, but that's not happening. The government blames "grey" exporters for the problems, as they purchase gasoline at subsidized prices from the budget and then sell it abroad at global prices.

Anton Gerashchenko

624,591 просмотров • 3 лет назад