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How much value does petrochemical integration add to Shell’s refining portfolio?
Shell has announced it aims to further reduce its refining portfolio from 20 to 10 assets. CEO Ben van Beurden noted Shell will "focus on sites int...
How will an accelerating US SPR release impact crude trade?
In response to escalating oil prices and threatened global supply, the IEA member countries have committed to a historic coordinated release of oil...
Hurricane Ida aftermath still throwing a wrench in US Gulf Coast oil market
Hurricane Ida came and went in late August but is still affecting the crude oil and refined markets over three weeks later. The storm caused histor...
Iceland downstream oil long-term outlook 2016
Iceland is known for its strong level of investment in producing energy from clean sources such as hydro, geothermal and hydrogen. Close to 90% of ...
IOCs in Libya: are they here to stay?
Libya is fast approaching the 10-year anniversary of its first civil war and the disruption that was unleashed. Oil production has been extremely v...
Growth in transition: the structural change in China's oil demand
On 10 November, Wood Mackenzie held its China Refining and Chemical Forum 2018 in Shanghai. As part of the event, Yujiao Lei, Consultant – Asia Pac...
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