Category: Downstream

Zelensky Declares Expansion of Long-Range Attacks on Russian Oil Refineries: Who Authorized and Why?

Clark Savage160

In a bold escalation amid the ongoing Russia-Ukraine conflict, Ukrainian President Volodymyr Zelensky has announced plans to broaden the scope of long-range strikes targeting Russian oil refineries. This declaration, made following a strategic meeting with his military staff, underscores Ukraine\’s intent to intensify pressure on Russia\’s energy sector, which Zelensky claims is already \”paying a […]

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Valero Charges Forward with California Refinery Shutdown: Newsom\’s Net Zero \”Victory\” Accelerates the Exodus of Oil and Gas from the Golden State

Clark Savage177

In a move that underscores the relentless squeeze on California\’s fossil fuel industry, Valero Energy has confirmed it will proceed with shutting down its Benicia refinery by April 2026, despite last-ditch negotiations with state officials. The 145,000-barrel-per-day facility, a cornerstone of West Coast refining since 1968, falls victim to what Valero cites as an unforgiving […]

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US Oil Production is Booming and Demand is Driving It – Global Geopolitical Issues Set to Increase Prices

Clark Savage182

The United States continues to solidify its position as a global energy powerhouse, with crude oil production reaching record highs amid robust domestic demand for petroleum products. As of 2025, U.S. oil output is forecasted to average 13.53 million barrels per day (mb/d), building on the momentum from 2024\’s 13.24 mb/d. This surge is largely […]

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Recent Attacks on Energy Infrastructure in Hungary and Romania – Who did it is a huge question

Clark Savage157

On October 20, 2025, two major explosions occurred at oil refineries in Hungary and Romania, halting operations and raising widespread suspicions of coordinated sabotage. These incidents targeted facilities heavily reliant on Russian oil supplies, amid escalating geopolitical tensions over Europe\’s push to phase out Russian energy imports by 2028. No group has officially claimed responsibility, […]

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Kazakhstan Monitors Oil Output After Russian Gas Plant Hit: Assessing Damage, Impacts, and Russia\’s Resilient Energy Exports

Clark Savage118

In a recent escalation of the ongoing conflict between Ukraine and Russia, Ukrainian drones targeted the Orenburg gas processing plant in Russia\’s Orenburg region, one of the country\’s largest facilities. This strike, which occurred overnight, has prompted Kazakhstan\’s energy ministry to closely monitor its oil production, as the plant plays a critical role in processing […]

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India Most Likely Will Not Curb Russian Oil Imports as They Focus on Indian Consumers

Clark Savage129

In a recent development that underscores the complexities of global energy geopolitics, U.S. President Donald Trump claimed that Indian Prime Minister Narendra Modi had assured him India would halt purchases of Russian oil. This announcement came amid escalating U.S. pressure, including tariffs on Indian goods, aimed at isolating Russia economically over its ongoing conflict in […]

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Has Gavin Newsom\’s War on Oil and Gas Gone Too Far? Can He Recover in Time to Run for President?

Clark Savage168

California Governor Gavin Newsom has long positioned himself as a climate warrior, pushing aggressive policies to phase out fossil fuels in the Golden State. From banning new fracking permits to imposing setbacks on drilling near communities, his administration has waged what critics call a \”war\” on the oil and gas industry. But with gasoline prices […]

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Update on the Chevron Refinery in California – A national security disaster just got worse as a possible drone strike

Clark Savage182

The Chevron El Segundo Refinery, located just outside Los Angeles, experienced a significant fire on October 2, 2025, drawing widespread attention due to its role in supplying critical fuels to Southern California. As one of the state\’s key energy facilities, any disruption here can ripple through regional fuel markets. This update covers the latest on […]

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