Georgia and Armenia restart border talks after years of deadlock
Georgia and Armenia have resumed talks on their 225-kilometre border after years of limited progress, with disputes over historical boundaries, far...
Chevron has extinguished a large fire at its El Segundo refinery after an evening explosion in a jet fuel unit forced multiple processing units offline. No injuries were reported, and all personnel were accounted for, the company said.
Chevron’s 285,000-barrel-per-day El Segundo refinery, the second largest in California and the company’s second-biggest in the U.S., took several units offline on Friday following a major blaze that began on Thursday night in the Isomax 7 unit, which upgrades mid-distillates into jet fuel.
Consultancy data cited by traders indicated shutdowns at the 60,000 bpd catalytic reformer, the 45,000 bpd hydrocracker and the 73,000 bpd fluid catalytic cracker, while crude distillation units remained online. Chevron confirmed the fire was out and said all workers and contractors had been accounted for.
Los Angeles Mayor Karen Bass said there was no known impact on the Los Angeles International Airport. LAX declined to comment. The refinery supplies roughly a fifth of California’s motor fuels and about 40% of jet fuel consumed in southern California, including LAX.
Market participants expect aviation to feel the sharper pinch. Analysts said jet fuel prices jumped about 33 cents per gallon on Friday afternoon, while California petrol prices are seen rising modestly, by roughly 5 to 15 cents per gallon for now, as the main petrol-making unit was not directly affected. California’s nearly 28 million drivers were already paying close to $4.70 per gallon on Friday, compared with a national average under $3.22.
To cover lost output, traders said California will likely pull in more jet fuel cargoes from Asian refiners, particularly South Korea, Taiwan and Japan. The Long Beach area had recently been receiving around 45,000 to 50,000 bpd of jet imports and may need at least one additional shipment in the coming weeks.
The incident lands as the state’s refining system faces tighter balances over the coming months. Phillips 66 is winding down its 139,000 bpd Los Angeles-area refinery for permanent closure, and Valero’s Benicia refinery is set to close in April 2026. Together, those plants produce about one-fifth of California’s petrol supply. Analysts said the El Segundo fire could amplify the pre-existing tightness and support regional fuel prices as operators and buyers prepare for the December shutdown.
Local officials reported no evacuation orders for neighbouring residents, though Manhattan Beach advised a shelter-in-place until 2 a.m. Social media videos showed a large fireball and an orange sky over western Los Angeles as safety flares were activated to burn off hydrocarbons that could not be processed normally.
State and federal safety agencies said they will investigate the cause of the explosion and fire. El Segundo last reported an isolated fire in December 2022. Industry trackers noted several U.S. refinery incidents in 2025. The facility’s total storage capacity is about 12.5 million barrels across roughly 150 major tanks, though sources could not confirm current jet fuel inventories.
The gunman who allegedly killed six people in Poland’s unprecedented mass shooting in central Kraków on Saturday has died in hospital, police said early Monday. The attacker had demonstrated advanced military-style marksmanship skills, according to a spokesperson for the shooting club he attended.
Poland has declared two days of national mourning after a gunman opened fire in Kraków's historic main square. Investigators are examining possible far-right influences and the discovery of three bodies at the suspect's home.
Monday marks the second of two days of national mourning in Poland as police bolstered security after six people were killed in a mass shooting in Kraków.
The Saudi-led coalition fighting Yemen's Houthis said it intercepted and destroyed two ballistic missiles fired by the Iran-aligned group towards Riyadh on Sunday (8 November), after loud booms were heard in the Saudi capital. The Aramco building was damaged by falling debris.
Azerbaijan is marking the sixth anniversary of Victory Day on Sunday, 8 November, with President Ilham Aliyev visiting the Victory Monument in Khankendi, laying a wreath and paying tribute to servicemen killed during the 44-day Second Garabagh War in 2020.
China has extended the suspension of its additional 24 per cent tariff on U.S. goods for another two months, while keeping a 10 per cent levy in place, as Beijing and Washington seek to maintain their fragile trade truce.
Russia and Ukraine are set to return to Abu Dhabi on Tuesday for a fourth round of U.S.-brokered peace talks, with European participation, security guarantees and territorial disputes expected to shape the negotiations.
The bodies of 13 migrants have been recovered from a boat off the Greek island of Crete, the Greek coast guard said on Monday. A further 18 people were rescued, with four taken to hospital.
Israeli President Isaac Herzog has tasked Gadi Eisenkot, Prime Minister Benjamin Netanyahu’s main rival, with trying to form a government after an inconclusive election. The decision, announced on Saturday, follows a vote that left neither candidate with a clear path to power.
U.S. President Donald Trump is set to host Qatar’s prime minister at the White House on Monday as efforts to end the conflict with Iran stall, with Washington and Tehran still far apart on the terms of a possible agreement.
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