Central America

Opinion: Iran war ushers in oil refining golden era—it won’t last

Despite occupying a critical position in the global energy supply chain, refining has long been the least glamorous corner of the oil business.

Fermachem and GPO to invest more than $3 B to boost fertilizer production in Mexico

Middle East crude premiums surge, Asian refiners seeking alternatives

The attacks in the Red Sea by Yemen's Iran-aligned Houthis came after renewed U.S. and Iran strikes in the Middle East and shipping blockades on traffic through the Strait of Hormuz again choked oil shipments through that crucial waterway, slowing crude oil and fuel exports to Asia.

Opinion: Forget crude—war pushes refiners to the brink

While crude supplies have partially recovered, the system that converts crude into fuels is still struggling after months of disruption from conflicts in Russia and the Middle East.

EIA: Global LNG trade volumes reached record high in 2025

Global LNG trade has slowed this year following the closure of the key export route for Qatar, the world’s second-largest LNG exporter.

Methanex to indefinitely idle 860,000-tpy Trinidad and Tobago methanol plant

Shell forecast: Global LNG demand expected to grow by 65% by 2050

Mexico's Pemex restarting operations at Olmeca refinery after power failure

After a cogeneration system failure on Wednesday afternoon, processing plants were brought to a safe condition and there were no risks to personnel, the surrounding community, or the environment.

Opinion: Is the Iran war just an energy shock—or a turning point?

At least 1 billion barrels of crude oil and refined products have been lost from Middle East producers such as Iraq, Kuwait, the United Arab Emirates and Iran itself. As much as 20% of global liquefied natural gas supply is also trapped in the narrow waterway between Iran and Oman.

U.S. sanctions Cuban state oil company, adding obstacles for fuel imports

Washington has imposed sanctions on an array of Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders.