Energy Infrastructure
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Economy
Unprecedented Fuel Crisis Reaches the United States
Did Press: US oil industry executives have warned that the global energy market is heading toward a fuel supply crisis amid declining inventories and disruptions to energy infrastructure in the Middle East. According to The Wall Street Journal, the CEO…
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Afghanistan
Foreign Companies Interested in Investing in Afghanistan’s Power Industry
DID Press: Several major regional and neighboring companies, including Russian companies, have expressed interest in investing in the production of equipment and supplies for Afghanistan’s power industry, announced officials of Da Afghanistan Breshna Sherkat (DABS). According to Breshna officials, the…
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Economy
FUCHS Halts Production at Major Saudi Plant After Massive Fire
DID Press: German lubricant manufacturer FUCHS SE has announced the suspension of operations at its joint Alhamrani-Fuchs Petroleum Saudi Arabia plant at Saudi Arabia’s Yanbu port following a major fire on July 25 that caused extensive damage. The company said…
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Economy
Iran Missile Strikes Damage Haifa Refinery; Full Recovery Not Expected Before 2028
DID Press: Leaked Israeli interior ministry documents indicate that Iranian missile strikes on the Haifa refinery caused far more extensive damage than previously acknowledged, with full restoration of the facility now expected to extend beyond 2028. The report suggests that…
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