Valero Prepares Restart of Port Arthur, Texas Oil Refinery After Blast, Sources Say
(Reuters) – Valero Energy Corp is preparing to restart its 380,000 barrel-per-day (bpd) Port Arthur, Texas, oil refinery this week after shutting the plant on Tuesday following an explosion and…
Oil Falls as Reports of 15-Point Proposal Spurs Ceasefire Hopes
Summary Trump cites progress with Iran, US proposes plan to end war Iran tells UN ‘non-hostile’ ships can transit Strait of Hormuz Saudi hikes Yanbu exports to work around Hormuz…
BlackRock CEO Fink Warns of ‘Global Recession’ if Oil Goes to $150, BBC Reports
(Reuters) – BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and cause a “global recession” if Iran “remains a threat” even after the war ends. “If…
Iran Rejects USA Peace Plan
(Update) March 25, 2026, 3:24 PM GMT: Article updated with Iran’s conditions in third paragraph. Iran said it rejected a US ceasefire proposal and maintained attacks on Israel and Gulf Arab…
India Targets Import Cuts With Historic Oil and Gas Drilling Campaign
India’s ONGC plans to invest between $18 and $20 billion on new oil and gas drilling to strengthen the country’s energy security, the Economic Times has reported, citing unnamed sources.…
India Pushes Back Flexible Coal Power Plan Amid Cost Uncertainty
India is delaying a plan to have coal-fired power plants operate at reduced rates when solar generation is at its highest, due to uncertainties about how to compensate coal plants…
Naphtha Shortage Forces Japanese Petrochemical Producers to Curb Output
Japan’s LNG imports are not much affected by the supply shock in the Middle East, but Japanese industrial natural gas use could drop anyway if petrochemicals plants continue to see…


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Valero Prepares Restart of Port Arthur, Texas Oil Refinery After Blast, Sources Say
Oil Falls as Reports of 15-Point Proposal Spurs Ceasefire Hopes
BlackRock CEO Fink Warns of ‘Global Recession’ if Oil Goes to $150, BBC Reports
Iran Rejects USA Peace Plan
India Targets Import Cuts With Historic Oil and Gas Drilling Campaign
India Pushes Back Flexible Coal Power Plan Amid Cost Uncertainty
Naphtha Shortage Forces Japanese Petrochemical Producers to Curb Output