macroenergyAramco's Jazan Refinery Just Got Hit a Second Time — Restart Slips Another Two Weeks
Aramco’s Jazan Refinery Just Got Hit a Second Time — Restart Slips Another Two Weeks
Aramco has pushed the Jazan refinery restart to August 30 after a second Houthi strike since late July, two weeks past the August 15 target set following the first attack. Aramco still hasn’t commented on the damage. With Middle East and Russian refinery outages already straining the global diesel market, every extra week Jazan’s 400,000 b/d sits offline compounds a fuel squeeze crude supply alone can’t fix. Watch whether August 30 actually holds — this plant’s track record on restart dates says don’t bet on it.
#SaudiAramco #Jazan #RefineryOutage #HouthiAttacks #DieselMarket
Libya’s Largest Refinery Is One Drone Strike From Force Majeure
Libya’s NOC has warned it could declare force majeure and halt Zawiya, the country’s largest operating refinery, if drone attacks on the site keep coming — and Tuesday’s strike was the fifth since Saturday. Zawiya runs 120,000 b/d and sits downstream of the 300,000 b/d Sharara oilfield, meaning a shutdown ripples upstream too. A formal force majeure wouldn’t just pull barrels off the market; it reopens the standing question of whether Libya’s oil sector can operate a single quarter without a militia or drone deciding otherwise.
#Libya #Zawiya #OPEC #RefineryOutage #ForceMajeure
Three Refiners Just Bet $5 Billion That California’s Fuel Squeeze Isn’t Temporary
Phillips 66, Kinder Morgan and HF Sinclair have finalized a joint venture and taken FID on the $5 billion Western Gateway Pipeline, a 1,300-mile system moving up to 230,000 b/d of gasoline and diesel from the Gulf Coast and Midcontinent to Arizona and California. The move is explicit: companies are racing to build a route west ahead of planned refinery closures that leave California’s fuel market thin and prone to price spikes. Problem is, it targets 2029 completion — the West Coast’s next several supply crunches happen before this pipeline can do anything about them.
#WesternGateway #Phillips66 #KinderMorgan #HFSinclair #FuelSupply