Tag Archives: refineries

Record profits for oil corporations as shortages grow

Posted on August 16, 2026 by borderslynn

Aug 11, 2026 https://grist.org/energy/record-profits-oil-companies-wont-drill-baby-drill/ reCAPTCHA TotalEnergies: The French oil giant’s earnings rose by 67 percent in the second quarter, its best quarter in nearly three years, backed by higher oil prices and strong profit margins for refining chemicals, offsetting weaker LNG … Continue reading →

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Africa facing refined fuel shortfall due to geopolitical crisis

Posted on April 29, 2026 by borderslynn

https://africa.businessinsider.com/local/markets/africa-faces-looming-86-million-tonne-fuel-gap-as-global-tensions-expose-supply-risks/4vfyzcx?op=1

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Pipelines in Middle East being put offline by Iranian drone strikes in days of illegal war on Iran

Posted on March 20, 2026 by borderslynn

https://oilprice.com/Energy/Energy-General/The-Disappearance-of-Arab-Heavy-and-Medium-Crude-Hits-Asian-Refineries-Hard.html Hours after Qatar LNG strike, Saudi Aramco’s Samref refinery in Yanbu targeted in aerial attack FP News DeskMarch 19, 2026, 15:14:26 IST A drone strike hits Saudi Arabia’s Samref refinery in Yanbu, raising fears of widening Gulf tensions and … Continue reading →

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