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Valero will shut down refining operations at its Benicia refinery by April 2026, removing roughly 9% of California’s refining capacity. The closure, paired with Phillips 66’s ongoing shutdown of its Wilmington refinery, is expected to cut state refining capacity by about 17%, with Valero recording $1.1 billion in impairment...

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YIKES "California is facing a significant, looming gasoline supply crisis in 2026 driven by major refinery closures, which are expected to remove over 20% of the state's refining capacity and cause substantial, rapid price increases. Due to the shutdown of plants like Phillips 66 in Wilmington and Valero in Benicia, in-state production is falling well below demand, creating risks of shortages and potential price spikes exceeding $8 per gallon."
3:51

YIKES "California is facing a significant, looming gasoline supply crisis in 2026 driven by major refinery closures, which are expected to remove over 20% of the state's refining capacity and cause substantial, rapid price increases. Due to the shutdown of plants like Phillips 66 in Wilmington and Valero in Benicia, in-state production is falling well below demand, creating risks of shortages and potential price spikes exceeding $8 per gallon."

Angela Rose

51,580 views • 5 months ago

This New Jersey teacher nails it: California's closing major refineries (Phillips 66 already done, Valero Benicia next by April 2026), slashing ~17% of their capacity. That means less gas supply flowing to Arizona & Nevada too.Result? Experts warn of big price spikes across the West Coast in 2026, potentially $1+ higher per gallon, or even $7-8 in CA if things go this green policy gone too far, or necessary for the environment? What's your take, worth the pain at the pump?👇
2:22

This New Jersey teacher nails it: California's closing major refineries (Phillips 66 already done, Valero Benicia next by April 2026), slashing ~17% of their capacity. That means less gas supply flowing to Arizona & Nevada too.Result? Experts warn of big price spikes across the West Coast in 2026, potentially $1+ higher per gallon, or even $7-8 in CA if things go this green policy gone too far, or necessary for the environment? What's your take, worth the pain at the pump?👇

𝐃𝐔𝐓𝐂𝐇

83,728 views • 7 months ago

West Coast gas shock brewing. In Sept 2024, Katie Hobbs (AZ) and Joe Lombardo (NV) sent a bipartisan warning to Gavin Newsom: new CA refinery inventory rules risk fuel shortages and higher prices across the region. Why it matters: CA is about to lose ~17% of its refining capacity with Phillips 66 closing by end-2025 and Valero in 2026. Downstream hit: Arizona gets ~33% of its fuel from CA. Nevada ~88%—Reno 100%. As imports replace local supply, expect tighter inventories, price spikes, and volatility. This isn’t theory. It’s math. Policy squeezes supply → prices jump → neighbors pay. Good energy policy—or a self-inflicted regional shortage?
4:46

West Coast gas shock brewing. In Sept 2024, Katie Hobbs (AZ) and Joe Lombardo (NV) sent a bipartisan warning to Gavin Newsom: new CA refinery inventory rules risk fuel shortages and higher prices across the region. Why it matters: CA is about to lose ~17% of its refining capacity with Phillips 66 closing by end-2025 and Valero in 2026. Downstream hit: Arizona gets ~33% of its fuel from CA. Nevada ~88%—Reno 100%. As imports replace local supply, expect tighter inventories, price spikes, and volatility. This isn’t theory. It’s math. Policy squeezes supply → prices jump → neighbors pay. Good energy policy—or a self-inflicted regional shortage?

Jake

113,145 views • 6 months ago

As of September 28, 38% of Russia's primary oil refining capacity - equivalent to 338,000 tons per day - was out of operation. Drone attacks that have struck more than two dozen major oil refineries in Russia since early August have driven the Russian fuel market into an unprecedented crisis. Russian-occupied Ukrainian territories are affected, as well. The total capacity available for producing gasoline and diesel fell by 6% in August and a further 18% in September. The scale of refinery shutdowns has reached historic levels, surpassing the previous record in August (23%, or 206,000 tons per day), as well as earlier peaks in May 2022 (196,000 tons per day) and May 2020 (164,000 tons per day). Roughly 70% of the outages resulted from drone attacks: by the end of September, they had disabled about one-quarter of Russia's refining capacity, or some 236,000 tons per day. In September, four more Russian refineries halted production following drone strikes. These included Kinef in Leningrad region, the second-largest refinery in Russia, and Rosnef's Ryazan refinery, which ranks among the top five. Kinef shut down on September 14, Ryazan on September 5. In addition, the Novokuibyshevsk refinery suspended operations on September 20, and Gazprom's Astrakhan gas processing plant on September 22. In September, gasoline and diesel output fell short of targets by 10-11% - production was down by 1 million tons, while the domestic market deficit reached 20% of consumption, according to Russian media outlets. To compensate for lost capacity, many scheduled refinery maintenance works were postponed, making a rapid reduction in outages unlikely, as this could increase the risk of accidents at facilities not affected by strikes. Russian oil companies can do little to alleviate the crisis, economist Vladislav Inozemtsev said. Repairs at damaged plants may take months, particularly under sanctions that ban the supply of Western equipment used to modernize refineries in the 2010s - equipment that cannot easily be replaced with Chinese alternatives. Source: 📹: Lines of cars for gasoline in Russian-occupied Crimea
0:18

As of September 28, 38% of Russia's primary oil refining capacity - equivalent to 338,000 tons per day - was out of operation. Drone attacks that have struck more than two dozen major oil refineries in Russia since early August have driven the Russian fuel market into an unprecedented crisis. Russian-occupied Ukrainian territories are affected, as well. The total capacity available for producing gasoline and diesel fell by 6% in August and a further 18% in September. The scale of refinery shutdowns has reached historic levels, surpassing the previous record in August (23%, or 206,000 tons per day), as well as earlier peaks in May 2022 (196,000 tons per day) and May 2020 (164,000 tons per day). Roughly 70% of the outages resulted from drone attacks: by the end of September, they had disabled about one-quarter of Russia's refining capacity, or some 236,000 tons per day. In September, four more Russian refineries halted production following drone strikes. These included Kinef in Leningrad region, the second-largest refinery in Russia, and Rosnef's Ryazan refinery, which ranks among the top five. Kinef shut down on September 14, Ryazan on September 5. In addition, the Novokuibyshevsk refinery suspended operations on September 20, and Gazprom's Astrakhan gas processing plant on September 22. In September, gasoline and diesel output fell short of targets by 10-11% - production was down by 1 million tons, while the domestic market deficit reached 20% of consumption, according to Russian media outlets. To compensate for lost capacity, many scheduled refinery maintenance works were postponed, making a rapid reduction in outages unlikely, as this could increase the risk of accidents at facilities not affected by strikes. Russian oil companies can do little to alleviate the crisis, economist Vladislav Inozemtsev said. Repairs at damaged plants may take months, particularly under sanctions that ban the supply of Western equipment used to modernize refineries in the 2010s - equipment that cannot easily be replaced with Chinese alternatives. Source: 📹: Lines of cars for gasoline in Russian-occupied Crimea

Anton Gerashchenko

52,700 views • 9 months ago

WOW! If Californians don’t stop voting for Newsom and alike, their future looks very gloomy, to say the least. California is facing a growing energy crisis as refinery shutdowns threaten fuel supplies and push gas prices even higher. Together, these refineries account for nearly 20% of California’s in-state refining capacity. Major corporations are choosing to lose billions rather than continue operating in a state that has created an increasingly hostile business environment — all thanks to the policies of Gavin Newsom and California Democrats. USC professor Michael Mische, who spent over 50 years studying the oil and gas industry, devoted more than a year to analyzing California’s gasoline prices using the state’s own data. When he attempted to share his findings and warn the governor about looming gas price increases, he was met with hostility, and his work was aggressively discredited by the Newsom administration. To put the cost into perspective: when gas sells for $5.19 per gallon, about 44 cents goes directly to California taxes and regulatory fees. Gas stations themselves make only 8 to 12 cents per gallon, while the state collects roughly 60 cents on that same gallon of gas. And where does that money go? About 25% is funneled into Gavin Newsom’s high-speed rail project. Millions of Californians are being taxed to pay for a train they will likely never ride in their lifetime — yet they are forced to subsidize it every time they fill up their tank.
7:21

WOW! If Californians don’t stop voting for Newsom and alike, their future looks very gloomy, to say the least. California is facing a growing energy crisis as refinery shutdowns threaten fuel supplies and push gas prices even higher. Together, these refineries account for nearly 20% of California’s in-state refining capacity. Major corporations are choosing to lose billions rather than continue operating in a state that has created an increasingly hostile business environment — all thanks to the policies of Gavin Newsom and California Democrats. USC professor Michael Mische, who spent over 50 years studying the oil and gas industry, devoted more than a year to analyzing California’s gasoline prices using the state’s own data. When he attempted to share his findings and warn the governor about looming gas price increases, he was met with hostility, and his work was aggressively discredited by the Newsom administration. To put the cost into perspective: when gas sells for $5.19 per gallon, about 44 cents goes directly to California taxes and regulatory fees. Gas stations themselves make only 8 to 12 cents per gallon, while the state collects roughly 60 cents on that same gallon of gas. And where does that money go? About 25% is funneled into Gavin Newsom’s high-speed rail project. Millions of Californians are being taxed to pay for a train they will likely never ride in their lifetime — yet they are forced to subsidize it every time they fill up their tank.

I Meme Therefore I Am 🇺🇸

74,625 views • 7 months ago

💥 UAF Unmanned Systems Hit One of Russia’s Largest Oil Refineries On the night of September 14, operators of the 14th Unmanned Aerial Vehicle Regiment of the Unmanned Systems Forces (14th UAS Regiment / 1st Separate UAS Center) , together with Special Operations Forces units, carried out a successful strike on Russia’s second-largest oil refinery – “Kirishi Oil Refinery” in Leningrad Oblast. This #DeepStrike was conducted over 800 km from Ukraine’s state border. The Kirishi Oil Refinery is the main supplier of petroleum products for St. Petersburg, as well as Leningrad, Novgorod, and Pskov oblasts. Its processing capacity exceeds 20 million tons of oil per year, making it the second-largest refinery in the country after the Omsk refinery. The plant produces about 80 types of petroleum products, including gasoline, diesel, fuel oil, and jet fuel, and is directly involved in supplying the Russian army with fuel. As a result of the drone strike, a large fire broke out at the facility, confirmed by NASA FIRMS satellite monitoring data. Battle damage assessment is ongoing. The Unmanned Systems Forces consistently work to degrade Russia’s ability to supply its troops with fuel and to continue its war against Ukraine. 🇺🇦 USF: One Step Ahead!
0:28

💥 UAF Unmanned Systems Hit One of Russia’s Largest Oil Refineries On the night of September 14, operators of the 14th Unmanned Aerial Vehicle Regiment of the Unmanned Systems Forces (14th UAS Regiment / 1st Separate UAS Center) , together with Special Operations Forces units, carried out a successful strike on Russia’s second-largest oil refinery – “Kirishi Oil Refinery” in Leningrad Oblast. This #DeepStrike was conducted over 800 km from Ukraine’s state border. The Kirishi Oil Refinery is the main supplier of petroleum products for St. Petersburg, as well as Leningrad, Novgorod, and Pskov oblasts. Its processing capacity exceeds 20 million tons of oil per year, making it the second-largest refinery in the country after the Omsk refinery. The plant produces about 80 types of petroleum products, including gasoline, diesel, fuel oil, and jet fuel, and is directly involved in supplying the Russian army with fuel. As a result of the drone strike, a large fire broke out at the facility, confirmed by NASA FIRMS satellite monitoring data. Battle damage assessment is ongoing. The Unmanned Systems Forces consistently work to degrade Russia’s ability to supply its troops with fuel and to continue its war against Ukraine. 🇺🇦 USF: One Step Ahead!

🇺🇦 Unmanned Systems Forces

166,845 views • 10 months ago

❗️❗️❗️🇺🇦A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.
0:32

❗️❗️❗️🇺🇦A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.

NSTRIKE

24,827 views • 5 days ago

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

13,884 views • 1 year ago

THE WEST FEARS AFRICA’S FUEL LIBERATION For over a century, Africa has been trapped in a colonial "extraction loop": exporting raw crude for pennies and buying back refined fuel from the West at a massive premium. But the era of dependence could be coming to an end. Following Nigeria’s shift into a net exporter of refined fuel, driven by the success of the Dangote Refinery, Africa’s richest man, Aliko Dangote, has unveiled plans to replicate his success in Nigeria by building a 650,000-barrel-per-day mega-refinery in East Africa — a move that could signal the export of a model aimed at breaking dependence on imported fuel. The cost of Africa’s fuel dependency is staggering. For example, while Angola holds nearly 8 billion barrels of oil, it still spent $854 million on fuel imports at the end of 2025 alone. This “trap” drains foreign reserves while enriching overseas refineries. However, in Nigeria, the Dangote Refinery is beginning to disrupt this cycle, processing around 565,000 barrels per day as of March 2026 and supplying the vast majority of the domestic market. As a result, the chronic fuel queues that once defined daily life in Africa’s second-largest economy have largely disappeared. But Africans refining for Africans is a nightmare for European oil giants. Consequently, the World Bank - where the US is the largest shareholder - has launched a counter-offensive. In April 2026, the Bank advised Nigeria to resume fuel imports, claiming they are "cheaper." Critics suggest that this "advice" is an attempt to force Nigeria to reopen import licenses for Western giants whose market share has evaporated. The West only advocates for "competition" when it means African industries competing against subsidised European giants. By refining at home, Africa saves billions in foreign exchange and creates thousands of local jobs. True sovereignty is not found in World Bank loans with colonial conditions. It is found in the power to fuel your own future.
3:26

THE WEST FEARS AFRICA’S FUEL LIBERATION For over a century, Africa has been trapped in a colonial "extraction loop": exporting raw crude for pennies and buying back refined fuel from the West at a massive premium. But the era of dependence could be coming to an end. Following Nigeria’s shift into a net exporter of refined fuel, driven by the success of the Dangote Refinery, Africa’s richest man, Aliko Dangote, has unveiled plans to replicate his success in Nigeria by building a 650,000-barrel-per-day mega-refinery in East Africa — a move that could signal the export of a model aimed at breaking dependence on imported fuel. The cost of Africa’s fuel dependency is staggering. For example, while Angola holds nearly 8 billion barrels of oil, it still spent $854 million on fuel imports at the end of 2025 alone. This “trap” drains foreign reserves while enriching overseas refineries. However, in Nigeria, the Dangote Refinery is beginning to disrupt this cycle, processing around 565,000 barrels per day as of March 2026 and supplying the vast majority of the domestic market. As a result, the chronic fuel queues that once defined daily life in Africa’s second-largest economy have largely disappeared. But Africans refining for Africans is a nightmare for European oil giants. Consequently, the World Bank - where the US is the largest shareholder - has launched a counter-offensive. In April 2026, the Bank advised Nigeria to resume fuel imports, claiming they are "cheaper." Critics suggest that this "advice" is an attempt to force Nigeria to reopen import licenses for Western giants whose market share has evaporated. The West only advocates for "competition" when it means African industries competing against subsidised European giants. By refining at home, Africa saves billions in foreign exchange and creates thousands of local jobs. True sovereignty is not found in World Bank loans with colonial conditions. It is found in the power to fuel your own future.

Sovereign Media

12,304 views • 2 months ago

🚨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 bpd of the universal commercial transport fuel. ⚡️The refinery remains shut down Tuesday morning pending investigation and inspections. ⚡️Luckily, no major injuries were reported and all personnel are safe, though some of the plant's 770 employees suffered minor injuries. ⚡️The Valero plant specializes in the processing of heavy sour oil into gasoline, Diesel and jet fuel. ⚡️Key to note: The plant has served as the main destination point of Venezuelan crude coming into the U.S. since the deposition of former dictator Nicolas Maduro. ⚡️Until Port Arthur can be reopened, those cargoes will need to be re-routed to other, similarly tooled refineries in Lake Charles, Houston, and Corpus Christi. ⚡️Yet to be determined: This *could* cause further tightening in the Diesel market along with some minor price increases. Bottom Line: Refinery fires always create catastrophic-looking videos like this one, but few really evolve into catastrophic events. That's the case here: The Port Arthur Refinery fire will cause some minor displacements as repairs are made, but the market impacts will be small. Give a word of thanks that everyone is safe. #oil #refining #portarthur #Valero #diesel #gasprice
0:22

🚨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 bpd of the universal commercial transport fuel. ⚡️The refinery remains shut down Tuesday morning pending investigation and inspections. ⚡️Luckily, no major injuries were reported and all personnel are safe, though some of the plant's 770 employees suffered minor injuries. ⚡️The Valero plant specializes in the processing of heavy sour oil into gasoline, Diesel and jet fuel. ⚡️Key to note: The plant has served as the main destination point of Venezuelan crude coming into the U.S. since the deposition of former dictator Nicolas Maduro. ⚡️Until Port Arthur can be reopened, those cargoes will need to be re-routed to other, similarly tooled refineries in Lake Charles, Houston, and Corpus Christi. ⚡️Yet to be determined: This *could* cause further tightening in the Diesel market along with some minor price increases. Bottom Line: Refinery fires always create catastrophic-looking videos like this one, but few really evolve into catastrophic events. That's the case here: The Port Arthur Refinery fire will cause some minor displacements as repairs are made, but the market impacts will be small. Give a word of thanks that everyone is safe. #oil #refining #portarthur #Valero #diesel #gasprice

⚡️David Blackmon⚡️

14,264 views • 3 months ago

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

164,377 views • 1 year ago

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || info@vendr.ng ||
1:27

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || [email protected] ||

Trending Explained

31,657 views • 1 year ago

Jewel of the Desert is in the service of the nation! Deeply privileged to witness the inauguration of India’s first standalone greenfield refinery-cum-petrochemical complex in nearly a decade by PM Sh Narendra Modi Ji. One of the largest single-location industrial investments built at a cost of ₹79,459 cr with energy Maharatna Hindustan Petroleum Corporation Limited (74%) and Government of Rajasthan (26%) as equity partners, the state-of-the-art complex in Pachpadra, Rajasthan is built as unified project with 9 MMTPA refining and 2.4 MMTPA petrochemical capacity. The refinery will produce about 26% of petchem products from the very beginning. It has a Nelson Complexity Index of 17 & is highly energy efficient. It will have worlds’ largest Polypropylene Unit & Polyethylene swing unit to make more than 30 different polymer grades. The magnitude and scale of the refinery, which will have Asia’s largest ever Coker unit with 125 mtr diameter & 64 mtr height, can be gauged from the following facts: >150 lakh cubic mtr earth moved - 6 times the volume of the great pyramid of Giza! >16 lakh mtr cube of concrete- 5 times the concrete used in Burj Khalifa! >6 lakh tonne structural steel - 40 times the steel used in Eiffel Tower! HPCL’s integrated Refinery cum Petchem complex will be a source of joy, progress, development, prosperity & employment for Barmer & people of Rajasthan. Firmly rooted in PM Modi Ji’s vision of Make in India, it is one of the biggest projects in the oil sector in India, and will further accelerate our journey towards energy self-sufficiency. PM Modi Ji also laid the foundation and dedicated development projects worth over ₹1.06 lakh crore for the people of Rajasthan. PMO India Lok Bhavan Rajasthan Bhajanlal Sharma Government of Rajasthan Diya Kumari Dr Prem Chand Bairwa Joraram Kumawat Madan Singh Rathore
8:53

Jewel of the Desert is in the service of the nation! Deeply privileged to witness the inauguration of India’s first standalone greenfield refinery-cum-petrochemical complex in nearly a decade by PM Sh Narendra Modi Ji. One of the largest single-location industrial investments built at a cost of ₹79,459 cr with energy Maharatna Hindustan Petroleum Corporation Limited (74%) and Government of Rajasthan (26%) as equity partners, the state-of-the-art complex in Pachpadra, Rajasthan is built as unified project with 9 MMTPA refining and 2.4 MMTPA petrochemical capacity. The refinery will produce about 26% of petchem products from the very beginning. It has a Nelson Complexity Index of 17 & is highly energy efficient. It will have worlds’ largest Polypropylene Unit & Polyethylene swing unit to make more than 30 different polymer grades. The magnitude and scale of the refinery, which will have Asia’s largest ever Coker unit with 125 mtr diameter & 64 mtr height, can be gauged from the following facts: >150 lakh cubic mtr earth moved - 6 times the volume of the great pyramid of Giza! >16 lakh mtr cube of concrete- 5 times the concrete used in Burj Khalifa! >6 lakh tonne structural steel - 40 times the steel used in Eiffel Tower! HPCL’s integrated Refinery cum Petchem complex will be a source of joy, progress, development, prosperity & employment for Barmer & people of Rajasthan. Firmly rooted in PM Modi Ji’s vision of Make in India, it is one of the biggest projects in the oil sector in India, and will further accelerate our journey towards energy self-sufficiency. PM Modi Ji also laid the foundation and dedicated development projects worth over ₹1.06 lakh crore for the people of Rajasthan. PMO India Lok Bhavan Rajasthan Bhajanlal Sharma Government of Rajasthan Diya Kumari Dr Prem Chand Bairwa Joraram Kumawat Madan Singh Rathore

Hardeep Singh Puri

23,873 views • 14 days ago

Here’s a reason why this is happening that no one is talking about A worldwide energy infrastructure reset has been underway for some time now We’re entering the later stages of this transition where nations and institutions are jockeying for position to benefit the most on the other side of the transition The battle is to secure inputs for EVs, magnets, batteries, semiconductors, defense systems, and grid equipment Of course these materials will fuel the next stage of energy production and distribution Like SMR’s (Small Modular Reactors) which will likely play a major role To slow down the competition, we have been subject to attacks on the most important commodities that are needed to win the race This is why oil, gas, refining, and shipping chokepoints have been the subject of destruction all over the world in recent weeks What the news tells us as the reasons for this phenomenon is mere propaganda Japan is advancing deep sea rare-earth extraction near Minamitorishima, with reports that the mud there contains very large quantities of yttrium and dysprosium These rare earth materials are needed for performance electronics, energy systems, and advanced materials, especially where heat resistance, magnet strength, and precision optics are required Japan is an ally to America China on the other hand has just announced major new finds in Sichuan including fluorite which is very important in parts of the semiconductor and battery supply chain But in an energy transition, economies still depend heavily on refining capacity The IEA has warned that the current Middle East damage is a major threat precisely because oil and gas infrastructure remains systemically import So these kinds of events like the one here in Valero aren’t likely a total controlled demolition of these sites But they may be strategic attacks by our competitors to slow down the capacity to move the materials around to get ahead in the transitional period Stay watchful ✝️
1:17

Here’s a reason why this is happening that no one is talking about A worldwide energy infrastructure reset has been underway for some time now We’re entering the later stages of this transition where nations and institutions are jockeying for position to benefit the most on the other side of the transition The battle is to secure inputs for EVs, magnets, batteries, semiconductors, defense systems, and grid equipment Of course these materials will fuel the next stage of energy production and distribution Like SMR’s (Small Modular Reactors) which will likely play a major role To slow down the competition, we have been subject to attacks on the most important commodities that are needed to win the race This is why oil, gas, refining, and shipping chokepoints have been the subject of destruction all over the world in recent weeks What the news tells us as the reasons for this phenomenon is mere propaganda Japan is advancing deep sea rare-earth extraction near Minamitorishima, with reports that the mud there contains very large quantities of yttrium and dysprosium These rare earth materials are needed for performance electronics, energy systems, and advanced materials, especially where heat resistance, magnet strength, and precision optics are required Japan is an ally to America China on the other hand has just announced major new finds in Sichuan including fluorite which is very important in parts of the semiconductor and battery supply chain But in an energy transition, economies still depend heavily on refining capacity The IEA has warned that the current Middle East damage is a major threat precisely because oil and gas infrastructure remains systemically import So these kinds of events like the one here in Valero aren’t likely a total controlled demolition of these sites But they may be strategic attacks by our competitors to slow down the capacity to move the materials around to get ahead in the transitional period Stay watchful ✝️

Gonz

72,972 views • 3 months ago

🚨 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 views • 3 months ago

EUROPE STORAGE CRASHES TO 28%: THE 2026-27 WINTER BLACKOUT LOOMS LARGE Europe entered the 2026 injection season with gas storage at critically low levels after a harsh winter. The sudden closure of the Strait of Hormuz has triggered a global LNG supply shock that wiped out roughly 20 percent of worldwide trade flows. Official outlooks now warn that Europe cannot refill its tanks in time and faces a brutal winter ahead. THE STORAGE SHOCK ➡️ EU gas storage stood at just 28 percent full on April 1 2026 matching pre-2022 crisis levels. ➡️ By late May it has only recovered to 35 to 37 percent still 13 to 15 points below seasonal norms. ➡️ The working gas deficit sits at a massive 15 to 20 billion cubic meter hole below five-year averages. THE HORMUZ SUPPLY SHOCK ➡️ The Iran conflict closed the Strait of Hormuz since late February removing Qatar’s entire 112 billion cubic meter annual LNG output. ➡️ This represents a sudden 17 to 20 percent effective cut to global LNG supply with Asia competing fiercely for every remaining cargo. ➡️ Europe which imported a record 146 billion cubic meters of LNG in 2025 now needs 40 to 56 billion cubic meters more just to survive the summer. THE REFILL MATH NIGHTMARE ➡️ ENTSOG calculates that hitting the 90 percent storage target requires 86 billion cubic meters of LNG imports during April to September. ➡️ Equinor states Europe is unlikely to reach even 80 percent storage and Dutch TTF prices could spike toward 90 euros per megawatt hour. ➡️ Weak and often negative summer to winter price spreads of around 1.3 euros per megawatt hour are killing the financial incentive to inject gas now. THE WINTER 2026-27 OUTLOOK ➡️ Entering winter at only 70 to 80 percent full would leave the EU with a far thinner buffer than any year since the original crisis. ➡️ Stress tests show real risks of shortfalls especially during any cold snap with no Russian pipeline gas left as backup. ➡️ The fallout includes sustained high prices industrial curtailments energy poverty spikes and significant GDP damage across the continent. THE BOTTOM LINE Europe is staring down a perfect storm worse than 2022 in every critical way with historic low starting storage a sudden 20 percent global LNG chokepoint loss and failing market signals that discourage exactly the injections needed most. Without immediate Hormuz reopening or aggressive demand destruction the continent risks rationing and its most painful energy squeeze since the original crisis began. This is the sound of Europe’s vaunted resilience being pushed to its absolute limit. $EQNR #EuropeEnergyCrisis #HormuzShock #GasStorageLow #LNGSupplyCut #WinterEnergyRisk #TTFSpike #EnergySecurity
0:53

EUROPE STORAGE CRASHES TO 28%: THE 2026-27 WINTER BLACKOUT LOOMS LARGE Europe entered the 2026 injection season with gas storage at critically low levels after a harsh winter. The sudden closure of the Strait of Hormuz has triggered a global LNG supply shock that wiped out roughly 20 percent of worldwide trade flows. Official outlooks now warn that Europe cannot refill its tanks in time and faces a brutal winter ahead. THE STORAGE SHOCK ➡️ EU gas storage stood at just 28 percent full on April 1 2026 matching pre-2022 crisis levels. ➡️ By late May it has only recovered to 35 to 37 percent still 13 to 15 points below seasonal norms. ➡️ The working gas deficit sits at a massive 15 to 20 billion cubic meter hole below five-year averages. THE HORMUZ SUPPLY SHOCK ➡️ The Iran conflict closed the Strait of Hormuz since late February removing Qatar’s entire 112 billion cubic meter annual LNG output. ➡️ This represents a sudden 17 to 20 percent effective cut to global LNG supply with Asia competing fiercely for every remaining cargo. ➡️ Europe which imported a record 146 billion cubic meters of LNG in 2025 now needs 40 to 56 billion cubic meters more just to survive the summer. THE REFILL MATH NIGHTMARE ➡️ ENTSOG calculates that hitting the 90 percent storage target requires 86 billion cubic meters of LNG imports during April to September. ➡️ Equinor states Europe is unlikely to reach even 80 percent storage and Dutch TTF prices could spike toward 90 euros per megawatt hour. ➡️ Weak and often negative summer to winter price spreads of around 1.3 euros per megawatt hour are killing the financial incentive to inject gas now. THE WINTER 2026-27 OUTLOOK ➡️ Entering winter at only 70 to 80 percent full would leave the EU with a far thinner buffer than any year since the original crisis. ➡️ Stress tests show real risks of shortfalls especially during any cold snap with no Russian pipeline gas left as backup. ➡️ The fallout includes sustained high prices industrial curtailments energy poverty spikes and significant GDP damage across the continent. THE BOTTOM LINE Europe is staring down a perfect storm worse than 2022 in every critical way with historic low starting storage a sudden 20 percent global LNG chokepoint loss and failing market signals that discourage exactly the injections needed most. Without immediate Hormuz reopening or aggressive demand destruction the continent risks rationing and its most painful energy squeeze since the original crisis began. This is the sound of Europe’s vaunted resilience being pushed to its absolute limit. $EQNR #EuropeEnergyCrisis #HormuzShock #GasStorageLow #LNGSupplyCut #WinterEnergyRisk #TTFSpike #EnergySecurity

Mark

22,542 views • 1 month ago

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

543,113 views • 9 days ago

MAHAMA ANNOUNCES HISTORIC FIRST DELIVERY OF GHANAIAN CRUDE TO LOCAL REFINERY President Outlines Bold Value-Addition Agenda at Ghana Diaspora Town Hall Meeting in London LONDON, UNITED KINGDOM — President John Dramani Mahama has announced a landmark breakthrough in Ghana’s energy and industrial transformation agenda, revealing that Ghana will, for the first time in years, begin refining its own crude oil locally as part of a comprehensive strategy to drive industrialization, create jobs, strengthen local manufacturing, and retain greater value within the national economy. Addressing hundreds of Ghanaians, investors, professionals and business leaders at the Ghana Diaspora Town Hall Meeting in London, President Mahama outlined his administration’s vision for transforming Ghana from an exporter of raw materials into a modern industrial economy powered by value addition and local production. Speaking passionately about the future of Ghana’s energy sector, President Mahama disclosed that the government is aggressively expanding offshore oil and gas production while simultaneously ensuring that the country develops the capacity to process more of its natural resources domestically. According to the President, Ghana has secured major upstream investments, including a fresh commitment of approximately US$1.5 billion from ENI in the Offshore Cape Three Points (OCTP) Field to increase the production of both oil and natural gas. However, he stressed that increased production alone is not enough. “We are about to make history again. We did it during my first term, but after we left office it did not continue. In June, we will deliver a parcel of Ghanaian crude from our own oil fields to a refinery in Ghana for processing,” President Mahama announced to loud applause from the audience. The announcement is being viewed as a defining moment in Ghana’s petroleum industry and a significant step toward reducing the country’s dependence on imported refined petroleum products. For decades, Ghana has exported crude oil while importing refined fuels and petroleum products at considerable cost. President Mahama argued that such a model effectively exports jobs, technology, industrial growth, and economic opportunities to other countries. “Normally we produce the oil and export it. Then we import finished petroleum products or import crude again to refine. That cycle must change,” he stated. He explained that local refining will enable Ghana to capture more value from its natural resources, retain foreign exchange, strengthen local supply chains, stimulate industrial growth, and create thousands of direct and indirect jobs for Ghanaians. The President emphasized that the refining initiative forms part of a broader national industrial strategy aimed at building a fully integrated petroleum value chain encompassing extraction, refining, storage, petrochemicals, distribution, manufacturing and exports. Beyond oil and gas, President Mahama called for a national commitment to value addition across every productive sector of the economy. Using Ghana’s mineral sector as an example, he noted that the country continues to export raw gold, manganese, bauxite and other minerals for processing abroad, only to import higher-value finished products at a premium. “When we export raw materials and somebody else processes them, we create jobs in their economy instead of our own. The finished products are then exported back to us. That model cannot deliver sustainable prosperity,” he said. The President stressed that Ghana’s future economic success depends on deliberately moving up the value chain through investments in manufacturing, agro-processing, mineral beneficiation, fertilizer production, petrochemicals, food processing and strategic industrial parks. Economic analysts believe the strategy could significantly reposition Ghana as a leading industrial hub in West Africa while accelerating job creation, technology transfer and export growth.
1:50

MAHAMA ANNOUNCES HISTORIC FIRST DELIVERY OF GHANAIAN CRUDE TO LOCAL REFINERY President Outlines Bold Value-Addition Agenda at Ghana Diaspora Town Hall Meeting in London LONDON, UNITED KINGDOM — President John Dramani Mahama has announced a landmark breakthrough in Ghana’s energy and industrial transformation agenda, revealing that Ghana will, for the first time in years, begin refining its own crude oil locally as part of a comprehensive strategy to drive industrialization, create jobs, strengthen local manufacturing, and retain greater value within the national economy. Addressing hundreds of Ghanaians, investors, professionals and business leaders at the Ghana Diaspora Town Hall Meeting in London, President Mahama outlined his administration’s vision for transforming Ghana from an exporter of raw materials into a modern industrial economy powered by value addition and local production. Speaking passionately about the future of Ghana’s energy sector, President Mahama disclosed that the government is aggressively expanding offshore oil and gas production while simultaneously ensuring that the country develops the capacity to process more of its natural resources domestically. According to the President, Ghana has secured major upstream investments, including a fresh commitment of approximately US$1.5 billion from ENI in the Offshore Cape Three Points (OCTP) Field to increase the production of both oil and natural gas. However, he stressed that increased production alone is not enough. “We are about to make history again. We did it during my first term, but after we left office it did not continue. In June, we will deliver a parcel of Ghanaian crude from our own oil fields to a refinery in Ghana for processing,” President Mahama announced to loud applause from the audience. The announcement is being viewed as a defining moment in Ghana’s petroleum industry and a significant step toward reducing the country’s dependence on imported refined petroleum products. For decades, Ghana has exported crude oil while importing refined fuels and petroleum products at considerable cost. President Mahama argued that such a model effectively exports jobs, technology, industrial growth, and economic opportunities to other countries. “Normally we produce the oil and export it. Then we import finished petroleum products or import crude again to refine. That cycle must change,” he stated. He explained that local refining will enable Ghana to capture more value from its natural resources, retain foreign exchange, strengthen local supply chains, stimulate industrial growth, and create thousands of direct and indirect jobs for Ghanaians. The President emphasized that the refining initiative forms part of a broader national industrial strategy aimed at building a fully integrated petroleum value chain encompassing extraction, refining, storage, petrochemicals, distribution, manufacturing and exports. Beyond oil and gas, President Mahama called for a national commitment to value addition across every productive sector of the economy. Using Ghana’s mineral sector as an example, he noted that the country continues to export raw gold, manganese, bauxite and other minerals for processing abroad, only to import higher-value finished products at a premium. “When we export raw materials and somebody else processes them, we create jobs in their economy instead of our own. The finished products are then exported back to us. That model cannot deliver sustainable prosperity,” he said. The President stressed that Ghana’s future economic success depends on deliberately moving up the value chain through investments in manufacturing, agro-processing, mineral beneficiation, fertilizer production, petrochemicals, food processing and strategic industrial parks. Economic analysts believe the strategy could significantly reposition Ghana as a leading industrial hub in West Africa while accelerating job creation, technology transfer and export growth.

KALYJAY

19,129 views • 1 month ago

There’s a lot of rumours online about India heading toward a fuel crisis. The reality is far less dramatic. India currently has enough fuel reserves, so there is no shortage and no talk of rationing. Over the past few years, India has also diversified its oil imports, buying crude from 40+ countries including the US, Russia, Brazil, Guyana and several African nations. So the idea that India depends entirely on the Middle East is simply not true. Even in the case of tensions in the Gulf or a disruption around the Strait of Hormuz, only about 40% of India’s oil passes through that route, and contingency plans—including alternative routes and naval protection for shipments—are already in place. Behind the scenes, the system is far more prepared than people think. India has built strategic underground petroleum reserves, expanded its pipeline network to nearly 26,000 km, and monitoring teams track fuel stocks and supply chains 24×7 to ensure there are no disruptions. On prices, the global market has seen volatility, but domestic impact has been limited. Delhi petrol today is about ₹94.77, slightly lower than ₹95.41 in 2022. Policies over the past few years have also helped cushion shocks—India stepped in to buy discounted Russian oil after 2022, expanded refining capacity, blended 20% ethanol in petrol to reduce imports, cut excise duties to soften price spikes, and expanded CNG stations and piped gas connections across the country. All of this means India’s fuel system today is far more diversified, monitored and prepared than it was a decade ago. Despite global uncertainty, supply remains stable and the country is not in the situation some rumours compare it to.
1:19

There’s a lot of rumours online about India heading toward a fuel crisis. The reality is far less dramatic. India currently has enough fuel reserves, so there is no shortage and no talk of rationing. Over the past few years, India has also diversified its oil imports, buying crude from 40+ countries including the US, Russia, Brazil, Guyana and several African nations. So the idea that India depends entirely on the Middle East is simply not true. Even in the case of tensions in the Gulf or a disruption around the Strait of Hormuz, only about 40% of India’s oil passes through that route, and contingency plans—including alternative routes and naval protection for shipments—are already in place. Behind the scenes, the system is far more prepared than people think. India has built strategic underground petroleum reserves, expanded its pipeline network to nearly 26,000 km, and monitoring teams track fuel stocks and supply chains 24×7 to ensure there are no disruptions. On prices, the global market has seen volatility, but domestic impact has been limited. Delhi petrol today is about ₹94.77, slightly lower than ₹95.41 in 2022. Policies over the past few years have also helped cushion shocks—India stepped in to buy discounted Russian oil after 2022, expanded refining capacity, blended 20% ethanol in petrol to reduce imports, cut excise duties to soften price spikes, and expanded CNG stations and piped gas connections across the country. All of this means India’s fuel system today is far more diversified, monitored and prepared than it was a decade ago. Despite global uncertainty, supply remains stable and the country is not in the situation some rumours compare it to.

Megh Updates 🚨™

20,791 views • 4 months ago

The India Growth Story which is resonating around the world is being confidently underlined by achievements of the energy sector particularly defined by the transition towards green fuels, thrust on exploration and production, augmenting capacities in both upstream & downstream segments and the focus on increasing natural gas in our energy mix from 6% to 15% under the dynamic leadership of PM Narendra Modi Ji. The growth in the number of LPG connections in the country during the Modi Decade has been spectacular. Till April 2014, with just little more than 14 crore LPG connections, spread largely around urban centres, about 44% households did not have access to LPG connections. Today, the country has more than 33 crore LPG connections including more than 10.33 crore #PMUjjwala connections transforming the lives of millions of our sisters & giving them clean & pollution free kitchens in both urban and rural areas of the country. We have achieved near saturation in terms of covering the households. PM-Ujjwala, which prioritises rural development, women empowerment, a healthy society, a clean environment, and social inclusion, has also expanded the distributor network system. In just a decade, the number of distributors in rural areas has grown by an impressive 83.46% while the bottling capacity has risen by 73.50%. This has also increased direct and indirect employment opportunities for the people around these installations. As India continues ahead on its impressive growth trajectory, the fruits of development are benefiting every section of the society. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India GAIL (India) Limited Indraprastha Gas Ltd Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited FIPI Petronet LNG Limited IndiaEnergyWeek Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited Engineers India Numaligarh Refinery Oil India Limited
0:50

The India Growth Story which is resonating around the world is being confidently underlined by achievements of the energy sector particularly defined by the transition towards green fuels, thrust on exploration and production, augmenting capacities in both upstream & downstream segments and the focus on increasing natural gas in our energy mix from 6% to 15% under the dynamic leadership of PM Narendra Modi Ji. The growth in the number of LPG connections in the country during the Modi Decade has been spectacular. Till April 2014, with just little more than 14 crore LPG connections, spread largely around urban centres, about 44% households did not have access to LPG connections. Today, the country has more than 33 crore LPG connections including more than 10.33 crore #PMUjjwala connections transforming the lives of millions of our sisters & giving them clean & pollution free kitchens in both urban and rural areas of the country. We have achieved near saturation in terms of covering the households. PM-Ujjwala, which prioritises rural development, women empowerment, a healthy society, a clean environment, and social inclusion, has also expanded the distributor network system. In just a decade, the number of distributors in rural areas has grown by an impressive 83.46% while the bottling capacity has risen by 73.50%. This has also increased direct and indirect employment opportunities for the people around these installations. As India continues ahead on its impressive growth trajectory, the fruits of development are benefiting every section of the society. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India GAIL (India) Limited Indraprastha Gas Ltd Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited FIPI Petronet LNG Limited IndiaEnergyWeek Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited Engineers India Numaligarh Refinery Oil India Limited

Hardeep Singh Puri

14,945 views • 1 year ago