Ireland was particularly badly affected by the global economic recession and more recently by the euro zone debt crisis in terms of its impact on GDP and the overall level of economic activity. From a pre recession level of over 9 Mt a year oil demand fell by 16% in 2009 to 7.7 Mt and slipped further to 6.4 Mt in 2012. Although there was a marginal recovery in 201 the oil demand outlook remains subdued. Within the fuels marketing sector Topaz Energy strengthened its position as market leader with the announcement at the end 2014 of the acquisition of ExxonMobil's downstream assets. In December 2015 Topaz itself was acquired by Canadian retail group Alimentation Couche tard owner of Statoil Fuel & Retail. Phillips 66's and Ireland's only refinery at Whitegate has also been sold to Canadian Irving Oil and the company has committed to keep the site operational.