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Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
Trump’s gasoline price pledge paradox
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
HPI Market Data Book 2026: Global construction – Asia-Pacific
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way
HPI Market Data Book 2026: Global construction – EMEA
Middle Eastern countries are investing in hydrocarbon processing to diversify their economies while African countries are looking to satisfy growing domestic fuel demand
HPI Market Data Book 2026: Global construction – Overview
Latest edition of our Gulf Energy Information's Market Data Book highlights robust growth in gas processing/LNG sector, followed by petrochemicals and refining
A dual-coast LNG strategy
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
Dangote: Big ambitions, harsh realities
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
ExxonMobil’s Baton Rouge refinery
Refining US
Ehsan ul-Haq
16 July 2025
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Mars attacks US oil industry

Crude quality issues are an often understated risk to energy security, highlighted by problems at a key US refinery

ExxonMobil's 522,000b/d Baton Rouge refinery, one of the nation's largest, has halted purchases of Mars crude oil because of a critical zinc contamination that poses a serious threat to refinery operations. The quality issue emerged following Chevron’s startup of an offshore oil well. Mars crude, along with Poseidon and Southern Green Canyon is a key US medium sour crude oil and is also a component of the Argus Sour Crude Index benchmark. 550,000b/d – Mars production Zinc poses a significant problem for refinery equipment, and refiners—especially on the US Gulf Coast—will be desperate to find alternatives to Mars. While ExxonMobil is set to borrow 1m bl of oil from the Strategic Petr

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Energy dominance as diplomatic leverage
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
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