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US Upstream week in brief: Devon divestiture, Cobalt cleanout, and lease sale lethargy
Prolific Barnett Shale acreage transacts as Devon announces an important asset sale. A private Barnett buyer could provide a signpost for what's to...
Tax manoeuvre: turbulence ahead for Russian refining margins?
In this analysis, we analyse the 'tax manoeuvre' in the Russian Federation. This tax reform has the objective of making domestic refineries invest ...
New refineries to make Iran self-sufficient in gasoline
Under economic sanctions, Iran struggled to meet it’s domestic gasoline demand as imports became more difficult, if not impossible, to source. In o...
What’s driving the fuel diversification in China's truck fleet?
Fuel diversification has been gaining momentum in China's trucking sector. The ramping up of natural gas and electric truck sales is making way for...
What’s the mid-term outlook for the refining sector after coronavirus?
Coronavirus has had a huge negative impact on the global economy and on oil product demand growth in 2020. Although our base case forecast shows de...
When is Asia's 'peak oil' moment?
Asia has the strongest fundamentals amongst all emerging markets. Over coming decades, millions of people will move out of poverty and into the mid...
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