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Cenovus acquires bp's share of Toledo refinery at great value
Cenovus announced earlier this month that they would acquire bp's share of their jointly owned Toledo refinery in a transaction that follows their ...
China Cross-Commodity Forum 2018 - Oil Price Outlook
On 13 September, Wood Mackenzie held its China Cross-Commodity Forum 2018 in Beijing. As part of the event, Rui Hou, Refining Analyst – Asia Pacifi...
China energy: 5 things to look for in 2022
2021 was a tumultuous year for global energy markets. China, the world’s largest energy consumer, managed to grow its GDP by 8.1%. Energy demand gr...
China unveils 'blue sky defence' action plan: what are the implications?
On 3 July 2018, China’s State Council released the full text of a three-year action plan to curb air pollution by 2020. The plan follows through th...
"Whack a short" drives refining margins to record levels. How long do high refining margins last?
Strong demand recovery, pandemic driven refinery closures, China’s export policies and the Russia/Ukraine conflict have resulted in low inventories...
TotalEnergies' NATREF and Shell’s PCK Schwedt stakes sold to the Prax Group
On 1st December 2023, TotalEnergies agreed to sell its minority stake in South Africa's NATREF refinery to the Prax Group. The 108 kb/d capacity re...
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