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Aramco exits, PETRONAS consolidates: a downstream pivot at PRefChem
In May 2026, Saudi Aramco announced the transfer of its 50% stake of PRefChem to PETRONAS, consolidating full ownership under the national oil comp...
Karakuduk
Karakudukmunai (KKM), a fully-owned subsidiary of Sinopec, operates the Karakuduk oil field in southwest Kazakhstan.Karakuduk oil production peaked...
Global economic outlook Q2 2026: global economy faces historic energy shock
A prolonged closure of the Strait of Hormuz is now the greatest single risk to the global economy. Our base case outlook assumes a brief Middle Eas...
Middle East conflict: Asia retail fuels - Absorbing the shock, deferring the cost
With the closure of the Strait of Hormuz and Asia’s heavy reliance on Middle Eastern imports, fuel prices across the region have witnessed substant...
What if China mandates SAF? The hidden risk to Europe's biofuel targets
China has emerged as the global leader in sustainable aviation fuel (SAF) capacity, with installed HEFA-SAF capacity expected to exceed 5 million t...
Power & Renewables Compass April 2026
The Middle East conflict is emerging as a potential geopolitical dividend for the power and renewables sector.
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