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Bunker ports in Asia: how fast is China challenging the status quo?
China has the ambition to make Zhoushan rival Singapore as a key Asian bunker market. It has introduced tax rebates, opened-up to foreign oil compa...
Down but not out: Refining and oil product markets outlook for 2017
OPEC output cuts should help to rebalance the crude market in 2017. This will put pressure on refiners and undermine refining margins. However, gro...
Downstream oil in brief: are higher retail fuel prices here to stay?
Fuel prices have been soaring in many European markets, with the UK seeing record highs on a single day towards the end of October. Rising costs du...
Downstream oil in brief: BP partners up for growth
Fuels marketing is a key growth area for BP with it aiming to increase pre-tax earnings from US$3.9 billion in 2017 to US$6 billion by 2021. It has...
Downstream oil in brief: Chevron's retail model, the rise of the DODO?
Chevron's fuel retail business is based around a global network of around 11,000 outlets, operating under the Chevron, Caltex and Texaco brands. Bu...
Downstream oil in brief: CLH to buy 15 terminals in a bid to diversify
Spanish fuel logistics company CLH has announced that it will buy 15 terminals from Inter Pipeline. The deal sees it expand into two new markets an...
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