Trending News: Iran Demands Inbound Control of Hormuz and Outbound Oversight, Source SaysNRG Energy Misses Quarterly Profit Estimates as Interest Costs RiseDuke Energy’s Profit Beats as Higher Power Demand Offsets Rising ExpensesStates Sue Over Latest Trump Tariff AttemptBP CEO Says Interest in Its North Sea Business Is StrongMideast War Helps and Harms BP CEO’s Turnaround Ambitions: BoussoUS’s Bessent: Could Have Deal With Iran on Hormuz Strait in Next Two DaysWhite House Set to Extend Jones Act Waiver as Trump Hunts for Cheaper GasolineDevon Energy Posts Highest Quarterly Profit Since 2022 on Higher Prices, OutputUS Shale Producer EOG Resources Beats Quarterly Profit Estimates on Higher Crude PricesQatar, Bessent Signal Progress on Short Term USA-Iran DealVenezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year HighTanker Traffic Remains Subdued Despite Trump’s Talk of PeaceGermany’s Energy Demand Falls as High Prices Hit Oil ConsumptionSaudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices SurgeBP Earnings Surge to $5.7 Billion on Oil Price and Refining BoomIndia Expands Oil Storage Sites After Shock Supply DisruptionPakistan Partners with Canadian Firm to Boost Domestic Heavy Crude OutputHormuz Tanker Traffic Stalls at Two-Month Low as Attacks EscalateIndia’s HPCL Snaps Up Nigerian Crude To Dodge The Hormuz BottleneckPentagon Scraps $300 Million Lithium Tender for Defense StockpileUS Oil Exports in July Fall to Lowest Level in Eight Months, Data ShowsOil Gains Over 2% as Talks to End US-Iran War Remain UncertainTrump Blasts Exxon, Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline PricesMarathon Petroleum Beats Quarterly Profit Estimates on Refining Margin BoomJapan chemical firm bets on advanced reclamation to tackle fluorocarbon supplyNTPC Invites Bids For Two-Year O&M Contract At 25 MW Floating Solar Plant In Simhadri, Andhra PradeshGERC Extends Bid Submission Deadline For Consultancy On Ancillary Services Regulations In GujaratIEX Records 13,527 MU Electricity Trading Volume in July 2026, Up 7.7% YoY Amid Rising Power DemandGERC Allows Deendayal Port Authority To Offset Solar RPO Shortfall With Surplus Wind Energy In GujaratEntropy commissions Glacier phase 2 CCS project in AlbertaSolplanet Webinar Highlights Thailand’s Expanding Opportunities in Solar and Energy StorageCanada Welding Supply appoints Director of OperationsGreen Energy Stocks Show Mixed Performance As Broader Indian Markets End Lower (04 August 2026)Japan trio to advance first direct ocean capture pilotBluefors appoints new President of New York cryocoolers businessGeorgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan OilTrump Orders Oil Companies to Cut Gas Prices, Targets Chevron CEOUkraine’s Drone Campaign Drives Russian Oil Refining to 24-Year LowCEO Plays Down Impact of Attacks on AramcoAtlas Copco acquires compressed air business of 3C IndustrialBP to sell Archaea Energy as it withdraws from biogasPIPELINE OPPOSITION: Washington State Congressman Wants Spill Response Review for Canada’s Alberta Pipeline to B.C.How Iran is Widening its Pressure Campaign to Force US ConcessionsTrump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEOTrump Says He Does Not Care About USMCA as US, Canada Plan Trade TalksA (TEMPORARY) GOLDEN ERA – Iran War Ushers in Oil Refining Golden Era. It Won’t Last: Ron BoussoM&A: Williams Agrees to Buy Momentum Midstream for $5.5 BillionBWXT sells medical business for USD800 millionWestinghouse and Amentum sign AP1000/AP300 collaboration agreementsNigeria approves $4.5 billion oil-backed financing deal to support production growthGreek ministers to examine nuclear energy optionsMid-year updates from major uranium producers Greek LNG Ship Safely Clears Hormuz After Maritime IncidentIndia Moves to Rescue Renewable Energy Projects Stalled by Grid ShortagesKuwait Oil Production Surges as OPEC+ Completes Output Cut ReversalBP Completes Sale of German Refinery as Portfolio Overhaul AcceleratesIndia’s Imports of Russian Crude Hit New High in JulyShell Sells European Onshore Renewables Portfolio to TotalEnergiesAustralian Regulator Wants Tougher Pollution Rules for Darwin LNG PlantsIndian Oil Subsidiary CPCL Plans 280,000 Bpd Manali RefineryDark Tanker Transits Surge at Bab el-Mandeb as Houthi Threat PersistsTrump’s Iran Reversal Sends European Gas Prices TumblingAnalysts Look at Latest Oil Price MovesAWG expands Texas footprint with United Welding Supply acquisitionUK CO2 supply resilience consultation closes in two weeksUK government launches call for evidence on CO2 supply resilienceIndia’s $260m semiconductor packaging facility to address ‘critical gap’India’s $260m semiconductor packaging facility to address ‘critical gap’EARNINGS WINDFALL EXPECTED: War-Fueled Oil Rally Set to Lift Shale Profits to Highest Since 2022Oil Prices Drop After Trump Cancels Attack on Iran to Seek Nuclear DealIndia Daily: CERC Proposes ISTS Rule Changes, Coal India Floats 187.5 MW/750 MWh BESS Tender, CEL Invites 30 MW Solar Bids, RSPDCL Seeks Credit Rating, RERC Clarifies Captive RPO, India’s Solar Capacity Reaches 162.15 GW and More…Germany Records Historic 12 Billion kWh Solar Feed-In in July 2026Can cryogenics help tackle wildfires?Quantum Helium expands Colorado exploration pipelineEurope Weekly: Real Madrid x Elite Solar; Hopewind Grid Approval; RWE 236 MW BESS; Zelestra Community Fund; Sungrow 70 MW BESS; BELECTRIC UK CEO; RWE Raises Outlook and More…Veolia trials UK’s first amine-free carbon capture system for energy-from-wasteReport: EU CO2 Outlook Report – Q2 2026Energy Commission of Sabah Launches RM4,000 Solar Rebate Programme To Boost Residential Rooftop Solar AdoptionIn the Thar Desert, Pakistan Proves Its Indigenous Coal Can Be a Reliable Power ResourceSIM Partners With Peak Energy To Install Solar PV Under 14-Year PPA In SingaporeT1 Energy Secures 641 MW Solar Module Supply Agreement with Clearway EnergyEnvision Energy, Kallista Energy Launch 193 MW/386 MWh Battery Storage Project in FranceSingapore’s Marina South Pier Installs 1,092 Solar Panels To Advance Green Maritime OperationsDBSA And NTCSA Partner To Accelerate South Africa’s Power Transmission Grid Expansiongasworld US – August 2026 – International Issuegasworld Global – August 2026 – CCUS & Blue Hydrogengasworld global – August 2026 – CCUS & Blue HydrogenChina’s Solar Capacity Set to Overtake Coal This QuarterUkraine Strikes Lukoil’s Volgograd Refinery as Drone Attacks ResumeExxon and Chevron’s $26.5 Billion Quarter Draws Trump’s IreTrump Announces Fresh Iran Talks after Strike UturnMichigan Supreme Court Rejects Permit for Enbridge Oil Pipeline Under Great LakesTrump Says He Will Hold Off on Fresh Iran Attack in Hope of Quick DealExxonMobil, Chevron Steer Windfall Profits into Debt ReductionChina approves construction of eight more reactorsARC partners with INL for SMR deploymentDominion keeps options open for North Anna new buildNew Chinese reactors reach start-up milestonesCommonwealth Fusion Systems raises a further USD1 billion
Wed. Aug 5th, 2026
Trending News: Iran Demands Inbound Control of Hormuz and Outbound Oversight, Source SaysNRG Energy Misses Quarterly Profit Estimates as Interest Costs RiseDuke Energy’s Profit Beats as Higher Power Demand Offsets Rising ExpensesStates Sue Over Latest Trump Tariff AttemptBP CEO Says Interest in Its North Sea Business Is StrongMideast War Helps and Harms BP CEO’s Turnaround Ambitions: BoussoUS’s Bessent: Could Have Deal With Iran on Hormuz Strait in Next Two DaysWhite House Set to Extend Jones Act Waiver as Trump Hunts for Cheaper GasolineDevon Energy Posts Highest Quarterly Profit Since 2022 on Higher Prices, OutputUS Shale Producer EOG Resources Beats Quarterly Profit Estimates on Higher Crude PricesQatar, Bessent Signal Progress on Short Term USA-Iran DealVenezuela’s Oil Exports Fall Even as U.S. Shipments Hit Seven-Year HighTanker Traffic Remains Subdued Despite Trump’s Talk of PeaceGermany’s Energy Demand Falls as High Prices Hit Oil ConsumptionSaudi Aramco’s Adjusted Profit Jumps 33% as Oil Prices SurgeBP Earnings Surge to $5.7 Billion on Oil Price and Refining BoomIndia Expands Oil Storage Sites After Shock Supply DisruptionPakistan Partners with Canadian Firm to Boost Domestic Heavy Crude OutputHormuz Tanker Traffic Stalls at Two-Month Low as Attacks EscalateIndia’s HPCL Snaps Up Nigerian Crude To Dodge The Hormuz BottleneckPentagon Scraps $300 Million Lithium Tender for Defense StockpileUS Oil Exports in July Fall to Lowest Level in Eight Months, Data ShowsOil Gains Over 2% as Talks to End US-Iran War Remain UncertainTrump Blasts Exxon, Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline PricesMarathon Petroleum Beats Quarterly Profit Estimates on Refining Margin BoomJapan chemical firm bets on advanced reclamation to tackle fluorocarbon supplyNTPC Invites Bids For Two-Year O&M Contract At 25 MW Floating Solar Plant In Simhadri, Andhra PradeshGERC Extends Bid Submission Deadline For Consultancy On Ancillary Services Regulations In GujaratIEX Records 13,527 MU Electricity Trading Volume in July 2026, Up 7.7% YoY Amid Rising Power DemandGERC Allows Deendayal Port Authority To Offset Solar RPO Shortfall With Surplus Wind Energy In GujaratEntropy commissions Glacier phase 2 CCS project in AlbertaSolplanet Webinar Highlights Thailand’s Expanding Opportunities in Solar and Energy StorageCanada Welding Supply appoints Director of OperationsGreen Energy Stocks Show Mixed Performance As Broader Indian Markets End Lower (04 August 2026)Japan trio to advance first direct ocean capture pilotBluefors appoints new President of New York cryocoolers businessGeorgia’s Kulevi Refinery Replaces Russian Crude With Kazakh, Libyan OilTrump Orders Oil Companies to Cut Gas Prices, Targets Chevron CEOUkraine’s Drone Campaign Drives Russian Oil Refining to 24-Year LowCEO Plays Down Impact of Attacks on AramcoAtlas Copco acquires compressed air business of 3C IndustrialBP to sell Archaea Energy as it withdraws from biogasPIPELINE OPPOSITION: Washington State Congressman Wants Spill Response Review for Canada’s Alberta Pipeline to B.C.How Iran is Widening its Pressure Campaign to Force US ConcessionsTrump Demands Lower Gas Prices From Oil Companies, Chides Chevron CEOTrump Says He Does Not Care About USMCA as US, Canada Plan Trade TalksA (TEMPORARY) GOLDEN ERA – Iran War Ushers in Oil Refining Golden Era. It Won’t Last: Ron BoussoM&A: Williams Agrees to Buy Momentum Midstream for $5.5 BillionBWXT sells medical business for USD800 millionWestinghouse and Amentum sign AP1000/AP300 collaboration agreementsNigeria approves $4.5 billion oil-backed financing deal to support production growthGreek ministers to examine nuclear energy optionsMid-year updates from major uranium producers Greek LNG Ship Safely Clears Hormuz After Maritime IncidentIndia Moves to Rescue Renewable Energy Projects Stalled by Grid ShortagesKuwait Oil Production Surges as OPEC+ Completes Output Cut ReversalBP Completes Sale of German Refinery as Portfolio Overhaul AcceleratesIndia’s Imports of Russian Crude Hit New High in JulyShell Sells European Onshore Renewables Portfolio to TotalEnergiesAustralian Regulator Wants Tougher Pollution Rules for Darwin LNG PlantsIndian Oil Subsidiary CPCL Plans 280,000 Bpd Manali RefineryDark Tanker Transits Surge at Bab el-Mandeb as Houthi Threat PersistsTrump’s Iran Reversal Sends European Gas Prices TumblingAnalysts Look at Latest Oil Price MovesAWG expands Texas footprint with United Welding Supply acquisitionUK CO2 supply resilience consultation closes in two weeksUK government launches call for evidence on CO2 supply resilienceIndia’s $260m semiconductor packaging facility to address ‘critical gap’India’s $260m semiconductor packaging facility to address ‘critical gap’EARNINGS WINDFALL EXPECTED: War-Fueled Oil Rally Set to Lift Shale Profits to Highest Since 2022Oil Prices Drop After Trump Cancels Attack on Iran to Seek Nuclear DealIndia Daily: CERC Proposes ISTS Rule Changes, Coal India Floats 187.5 MW/750 MWh BESS Tender, CEL Invites 30 MW Solar Bids, RSPDCL Seeks Credit Rating, RERC Clarifies Captive RPO, India’s Solar Capacity Reaches 162.15 GW and More…Germany Records Historic 12 Billion kWh Solar Feed-In in July 2026Can cryogenics help tackle wildfires?Quantum Helium expands Colorado exploration pipelineEurope Weekly: Real Madrid x Elite Solar; Hopewind Grid Approval; RWE 236 MW BESS; Zelestra Community Fund; Sungrow 70 MW BESS; BELECTRIC UK CEO; RWE Raises Outlook and More…Veolia trials UK’s first amine-free carbon capture system for energy-from-wasteReport: EU CO2 Outlook Report – Q2 2026Energy Commission of Sabah Launches RM4,000 Solar Rebate Programme To Boost Residential Rooftop Solar AdoptionIn the Thar Desert, Pakistan Proves Its Indigenous Coal Can Be a Reliable Power ResourceSIM Partners With Peak Energy To Install Solar PV Under 14-Year PPA In SingaporeT1 Energy Secures 641 MW Solar Module Supply Agreement with Clearway EnergyEnvision Energy, Kallista Energy Launch 193 MW/386 MWh Battery Storage Project in FranceSingapore’s Marina South Pier Installs 1,092 Solar Panels To Advance Green Maritime OperationsDBSA And NTCSA Partner To Accelerate South Africa’s Power Transmission Grid Expansiongasworld US – August 2026 – International Issuegasworld Global – August 2026 – CCUS & Blue Hydrogengasworld global – August 2026 – CCUS & Blue HydrogenChina’s Solar Capacity Set to Overtake Coal This QuarterUkraine Strikes Lukoil’s Volgograd Refinery as Drone Attacks ResumeExxon and Chevron’s $26.5 Billion Quarter Draws Trump’s IreTrump Announces Fresh Iran Talks after Strike UturnMichigan Supreme Court Rejects Permit for Enbridge Oil Pipeline Under Great LakesTrump Says He Will Hold Off on Fresh Iran Attack in Hope of Quick DealExxonMobil, Chevron Steer Windfall Profits into Debt ReductionChina approves construction of eight more reactorsARC partners with INL for SMR deploymentDominion keeps options open for North Anna new buildNew Chinese reactors reach start-up milestonesCommonwealth Fusion Systems raises a further USD1 billion
Wed. Aug 5th, 2026

California Should Support Fuel Imports, Find Ways to Retain Refiners, Regulator Says

gavin newsom 1200x810

NEW YORK, June 27 (Reuters) – California’s energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing refineries in the state.

Newsom had earlier this year asked the California Energy Commission to recommend changes to the state’s energy transition efforts, as it faces higher fuel costs from Phillips 66 and Valero’s decision to shutter refineries supplying about 20% of the state’s total fuel production capacity.

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The CEC recommended the state should address regulatory and permitting barriers to allow for more timely fuel imports into the state, while engaging with market players to explore ways to keep existing refineries operational.

It also recommended stabilizing in-state crude oil output and supply to reduce costs to refineries.

Reporting by Shariq Khan in New York, Editing by Franklin Paul

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