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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...
Downstream oil in brief: coronavirus, a shock for EVs?
New vehicle demand plummeted in recent months due to the coronavirus pandemic. Demand for electric vehicles (EVs), however, seems to be more resili...
Downstream oil in brief: EG Group to buy OMV's German retail network
EG Group has entered into an agreement to acquire OMV's German network of 285 service stations in the South of the country. The deal is expected to...
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