Oilxa
Óleo, energia, petróleo
OPEC+ Extends Voluntary 2.2 Million BPD Cuts Through End of 2026, Affecting Jamaica Fuel Bill
Saudi Arabia an Russia announce di extension of voluntary production cuts of 2.2 million barrels per day, a move weh likely fi push up prices at Petrojam an di pump in Jamaica.
Read →Permian Basin Record Output Despite Fallin Rig Count Reshape Global Oil Supply
Di US Permian Basin a pump record 6.5 million bpd even as rig count drop 18%, a productivity miracle weh affect Caribbean refiners an Jamaica energy import bill.
Read →Petrobras Pass 2.5 Million BPD from Pre-Salt Fields, Brazil Become Caribbean Crude Supplier
Petrobras announce di pre-salt fields a deliver more dan 2.5 million bpd, a historic milestone weh open new supply options fi Jamaica an di Caribbean refinery network.
Read →NEOM Green Hydrogen Mega-Project Enter Commercial Phase, Open Door fi Caribbean Imports
Saudi NEOM green hydrogen plant a now produce 600 tonnes per day of green ammonia, a milestone weh could eventually supply Jamaica bauxite sector wid clean fuel.
Read →US LNG Export Capacity fi Overtake Qatar in 2026, Plaquemines Drive di Surge
United States set fi become di largest LNG exporter in di world wid di Plaquemines facility ramp-up, a development weh shape Jamaica gas import options through New Fortress.
Read →EV Sales Slowdown Lift Gasoline Demand Outlook fi 2026, Petrojam See Opportunity
Refiners worldwide revise gasoline forecasts upward as electric vehicle adoption slow in key markets, a shift weh benefit Petrojam an di Jamaica downstream sector.
Read →Latin American Refinery Boom: Dos Bocas an Cuba Projects Reshape Caribbean Fuel Market
Mexico Dos Bocas refinery an Cuba Cienfuegos expansion add over 450,000 bpd of capacity, changin di competitive landscape fi Petrojam an di Caribbean downstream sector.
Read →Red Sea Tensions Drive Tanker Freight Up 60%, Reroute Global Flows an Hit Jamaica Bill
Houthi attacks an Red Sea instability add 60% to tanker freight rates an force vessels around di Cape of Good Hope, raisin Jamaica imported fuel cost by an estimated US$3 per barrel.
Read →Russian Oil Sanctions Tighten: Urals Discount Narrow, Asian Buyers Take Larger Share
New EU an US sanctions reshape Russian crude exports, wid di Urals discount narrowin to US$11 per barrel an China an India consolidatin as dominant buyers.
Read →EU PNIEC an Fit for 55 Milestones fi 2030 Set Pace fi Caribbean Climate Policy
European Union 2030 targets, includin a 55% emissions reduction an 42.5% renewables share, shape global climate policy an offer lessons fi Jamaica energy transition.
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