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Aramco takes a holistic view of the European supply chain
It has been a busy start to 2022 for Aramco, who have announced two significant dealings with European players in January. The first, acquiring a 3...
Could RFS exemptions trigger a RIN price collapse?
Under the Renewable Fuels Standard (RFS), for non-exported transport fuels (diesel and gasoline), US refiners are required to blend in renewable fu...
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: 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...
Downstream oil in brief: Europe’s taxing love affair with diesel
The price advantage diesel has enjoyed over gasoline for many years in Europe is being steadily eroded. The price differential between these grades...
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