Transportation

Ukrainian forces have intensified their strikes against Russian energy infrastructure, among other targets. Kyiv claims that this is part of an effort to deny Russia the resources it needs to fund its military. Here is a list of recent attacks and their impact, starting with the latest: ORSK On Tuesday, the Ukrainian military announced that it had attacked the Orsknefteorgsintez refinery located in Orsk. Orsk is the second largest city in Orenburg and an important industrial center. The refinery has a design capacity of around 6 million tons of oil per annum. ZapSibNeftekhim Ukraine’s special forces announced on August 10...

Phillips 66?Kinder Morgan & HF Sinclair announced on 'Tuesday that they had decided to move forward with the $5 bn Western Gateway Pipeline -system. They also finalized a joint venture agreement. Phillips 66, Kinder Morgan and HF Sinclair will each own 49.9%. Companies are racing to build an important new fuel pipeline for the U.S. West Coast ahead of planned refinery closings in California. This is a relatively 'isolated'?fuel market, with limited connections to major refining centers that leaves it?vulnerable? to supply disruptions and spikes in price. Western Gateway is proposed as a 1,300-mile refined product pipeline system with a...

Gasoline for $38 per gallon is sold in cramped apartment. Diesel is being sold on Instagram to reggaeton music by a celebrity. Cuba's communist sector of energy is experiencing capitalist cracks six decades after Fidel's revolution. The exception that permits U.S. companies to export fuel directly to Cuban private businesses, under Washington's crippling?oil embargo against Cuba has triggered a chaotic black-market and opened up a tightly controlled energy sector by the government since Dwight Eisenhower occupied the White House. After the U.S. ousted Venezuelan President Nicolas Maduro from office in January, oil shipments to Cuba's traditional supplier Venezuela and Mexico...

Lloyd's List reported on Monday that the U.S. Government has sold two sanctioned tankers for scrap. They were seized days after Washington's raid in?Venezuela. According to the report, Global Marketing Systems, a Dubai-based vessel recycling firm, purchased the tankers for an undisclosed amount last month. Reports stated that the sale included Era, which was previously known as Marinera or Bella 1, as well as Lileo. These vessels were previously known as Galileo or Veronica. The tankers are to be 'demolished at scrap yards in India. Anil Sharma, CEO of GMS, told Lloyd's List that the U.S. Government sold the ships...

The U.S. Federal Aviation Administration announced?on Monday?that it expects to?temporarily suspend flight operations at Washington Reagan National Airport between 10:15 am (1415 GMT), and 1:15 pm on August 23, to support the 'Freedom 250 Grand Prix IndyCar Race. IndyCar will be racing through Washington's streets from August 22 to 23 in celebration of the 250th anniversary of the United States. The general admission tickets are free. However, spectators may pay to join the "Champions Club," which offers an "exclusive experience" during the race weekend. A two-day package costs $5,000 per person. In recent months, the FAA has shut down airspace...

The U.S. energy system is ultimately about geography, despite all the talk of gigawatts and emissions, as well as investments, policies, and investments. The distribution of power plants, fuel, transmission lines, and new electricity consumers is not uniform across the country. Clusters of power plants, fuel supplies, transmission lines and emerging electricity users are not evenly distributed across the country. OpenGridWorks.com's map of America's energy assets reveals a system that is in transition. The spread of new technologies is rapid, but the networks that have been built over decades are still being updated. This is a result of multiple energy...

People familiar with the matter say that Blackstone Infrastructure’s Safe 'Harbor 'Marinas is close to a $1.5 Billion deal for MarineMax. The deal will end a long-running battle for the recreational yacht retailer. It caters to wealthy clients through 65 marinas, 70 dealerships and storage facilities, mainly in the United States. Last month, it was reported that activist investor Donerail as well as private equity firm Centerbridge were also bidders. Safe Harbor will pay around $53 in cash per share to purchase MarineMax, according to sources. This is a substantial premium over the closing price on Friday of $35.68. Calculations...

?The U.S. Senate voted Friday to confirm a Serco senior vice-president, David Cummins, as head of the 'Transportation Security Administration, in response to the 'Trump administration's push to privatize screeners at smaller airports. Cummins, along with dozens of nominees, were confirmed by a vote of 51-47. These included members of the Consumer Product Safety Commission and the National Transportation Safety Board, as well as Christopher Phelan, who will chair the Whitehouse Council of Economic Advisors, and Cameron Hamilton, who will head the Federal Emergency Management Agency. In April, President Donald Trump proposed cutting 9,400 employees and $1.5 billion or 20%...

Interviews with over a dozen data center companies and attorneys reveal that after spending tens or even hundreds of millions to connect to Texas' grid, companies in the Lone Star State are now at risk of losing their deposits if they don't have a way to power their server warehouses. The Texas Governor Greg Abbott's decision to halt data centers this week has put the future of artificial intelligence infrastructure in one of the fastest-growing markets on the planet into doubt. Those with data center plans are now forced to decide whether they want or need their projects, which can...

Four sources with knowledge of the data claim that drone attacks in the Black Sea wiped out a fifth (?5) of the Caspian Pipeline Consortium's (CPC) oil loads in July, while the Russia-Ukraine conflict spilled over to affect Kazakhstan and western oil majors. Sources said that CPC loadings were'more than 20% behind schedule in July, falling to between 1.2 and 1.3 million barrels a day (bpd), after drone attacks near Black Sea export terminal disrupted supply. Reduced loadings resulted in the loss of 400,000 bpd of CPC blend oil for international markets during July. This added to the disruption of?atleast...

Ship-tracking data revealed that U.S. imports of Middle Eastern oil are expected to reach 600,000 barrels a day in August. This is the highest level since the Iran War began. A 'brief opening of the Strait of Hormuz, and the rerouting of?Saudi crude through the Suez Canal, pushed barrels towards American ports. A dozen ships carrying Middle Eastern crude headed for U.S. port after a memorandum signed between the U.S.A. and Iran on June allowed vessels to leave the maritime chokepoint. Cargoes that travel through the Suez Canal from the Red Sea port in Saudi Arabia, Yanbu, to the United...

Suncor Energy's CEO said on Wednesday that the company is not ready to increase production plans, despite the large-scale reforms promised by the Alberta and federal governments to boost growth in Canada's petroleum industry. These comments highlight the uncertainty surrounding whether the federal government’s more friendly stance towards the energy sector will translate to increased company investment and a higher output for Canada, the fourth largest oil producer in the world. Suncor's outlook is unchanged since its investor day in March, Rich Kruger, CEO of Suncor, said during a conference call. He added that there's still work to be done...

According to industry sources, and calculations, Belarusian gasoline and diesel supplies to Russia reached a monthly record in July. Fuel shortages were caused by unplanned outages at Russian oil refineries after months of relentless 'Ukrainian drone attacks. According to industry data and calculations, the Russian gasoline production had dropped early in July, to around 65% the average seasonal consumption. Diesel production had also fallen to the same level as domestic demand. The?Russian Government, in response to rising fuel prices at retail and wholesale, banned diesel exports. However, it allowed exemptions under previous contracts and intergovernmental agreements. Export restrictions for gasoline...

The Caspian Pipeline Consortium suspended operations several times this week due to safety concerns and a shortage of tankers. This is because the main export route for Kazakh crude has been hit by drone attacks. Since the middle of the last month, the loadings of the pipeline have been disrupted. The pipeline carries around 1.8% of the global oil supply, from Kazakhstan to Russia’s Black Sea Coast. This adds to the supply disruptions linked to the U.S. and Israeli war against Iran. Sources said that the pipeline was only temporarily reopened this week and closed on Wednesday. Shipowners are reluctant...

Two traders say that oil shipments from Russia’s western ports will increase by 4% this August, compared to July, as drones attack domestic refineries, allowing more crude to be exported. Meanwhile, a strong demand in Asia is encouraging sellers to ship more. According to preliminary data collected by traders, exports from the Baltic port of Primorsk along with the Black Sea Port of Novorossiysk are expected to reach around 2.7 million barrels a day in August. The Ukraine's attack on Russia's refining facilities has meant that less oil can now be processed, and it must be exported. The traders say...

A source familiar with the operational data said that Kazakhstan's crude oil and gas condensate?production?fell from 2,16 million barrels per days in June to?about 1,85 million barrels a day or 7,6 million metric tonnes in July 2026. Sources said that the decline in oil exports was due to disruptions on the Caspian Pipeline Consortium (CPC), the main route of export for Kazakh crude. Kazakhstan's oil output is heavily dependent on the CPC. It has no other real options to export the vast majority of its oil output elsewhere. Last month, oil exports via CPC were interrupted several times. Loadings at...

Serbia has received another waiver from the United States to allow its Russian-owned oil firm NIS to continue importing crude until August 28, said energy minister Dubravka Djedovic Handanovic on Friday. The U.S. Office of Foreign Assets Control has granted a waiver to NIS which operates Serbia's sole oil refinery. This will give NIS more time as Hungary's MOL oil and gas firm negotiates with the Russian majority share in the company. "Thirty-days is good news. NIS will have enough time to buy and bring in enough crude oil," Djedovic handanovic said during a live broadcast by state television RTS....

Chevron exceeded analyst expectations for second-quarter earnings?on Friday. It reported its highest quarterly profit for at least six-years as the U.S./Israeli war against Iran disrupted world energy markets and boosted?profits?for the largest oil companies. LSEG data shows that adjusted earnings of $12 billion or $6.06 a share beats the average analyst forecast of $5.56 a share. Chevron's shares rose about 2% during premarket trading. The results were similar to those of European oil giants TotalEnergies, Shell and others who also reported record profits in the second quarter. Higher oil prices were a major factor. ExxonMobil's quarterly profit missed analyst expectations...

Three industry sources reported on Thursday that drones had attacked two more oil tankers as they approached the terminal of 'the Caspian Pipeline Consortium,' on 'Russia's shores' of 'the Black Sea. This has further harmed prospects for exports to Kazakhstan, who uses this outlet. Authorities alleged that the closure of the terminal earlier this week, which accounts for more than 80 percent of Kazakhstan's oil exports, was due to safety concerns. This forced Kazakhstan to reduce its oil production. Sources said that the CPC should have provided oil to the HERA and ALATAU tanks. HERA, however, was set ablaze and...

Fuel shortages are affecting Russians in all 11 time zones. Ukrainian attacks on oil refineries have disrupted supply and caused long queues, high gasoline prices, and even rationing?in some regions. Fuel access has improved in Moscow and other cities, mainly due to measures such as increasing imports and clearing low-quality fuels for use. However, the situation in Russian-annexed Crimea is still tense. Fuel shortages began in June, when some regions began to restrict gasoline and diesel use. Here is the situation in some Russian regions: CENTRAL RUSSIA According to 'witnesses, local media, and service aggregators who monitor the availability of...

According to three sources, the freight rates for tanker shipments from western ports of Russia's Urals crude to India have fallen in July compared to last month. This is because increased vessel availability and the summer season eased pressure on the market. The lower transportation costs are a relief for Russian oil exporters whose margins were under pressure due to the wider discounts on Urals crude, as a result of weak demand in Asia. Sources claim that the cost to ship a cargo of 100,000 metric tonnes of Aframax from the Baltic port of Primorsk, in the Baltic Sea, to...

Ukraine's Deputy Prosecutor-General denied Kyiv's role in the 2022 explosion of the Nord Stream Gas Pipelines and suggested forming a joint investigative team with Germany. Germany suspects Ukrainian state entities are behind the explosions. The explosions occurred months after Russia invaded Ukraine in February 2022. They damaged the Nord Stream 1 pipe, a crucial route for?Russian exports of gas to Europe. In a press release, the Prosecutor's Office said that, according to the findings of the investigation, there was no evidence that Ukraine or its officials or officials had been involved in the explosions that occurred in the Baltic Sea...

Calculations showed that the average daily natural gas supply to Europe via the TurkStream pipeline fell by 3.7% compared to a year earlier to 36.2 million cubic meters in June. The only remaining transit route for Russian gas into Europe is through Turkey after Ukraine decided not to extend the five-year agreement with Moscow that expired in January 2025. According to calculations based on data from the European Gas Transmission Group Entsog, total Russian gas supplies via TurkStream to Europe were?1.09 billion cu?metres in June 2018, down from 1.13 Bcms in 2025. The half-year supply increased by around 5%, to...

Estonia released images of a Russian-flagged LNG carrier in the Baltic Sea this spring with machine guns and sandbags, indicating a more aggressive stance from Moscow to 'protect its civilian fleet. Surveillance images show machine gun positions fortified on the roof of the Marshal Vasilevskiy civilian vessel, which has its home port in Kaliningrad. Yoruk isik, a geopolitical expert who runs the Bosphorus Observer consulting, described it as "a crazy step" by civilian vessels operating in the Baltic. Isik said that "this is a hostile act by Russia" to send a signal to EU and NATO nations, saying it would...