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European refining networks rationalise
The COVID-19 outbreak continues to heap pressure on European refiners as further lockdown protocols and loss of liquid demand keep refining margins...
ExxonMobil global downstream strategy
ExxonMobil's downstream business has always been a key portfolio strength. Holding close to 6 million b/d of distillation capacity, the company is ...
Taxing times for UK refineries? Update: A closer look at trade
The United Kingdom (UK) has declared its post-Brexit tax regime that will be applied from 1 January, 2021. Specifically, the EU tax on petrol impor...
Tracking the Value of Refinery-Petrochemical Integration
Integrated refining-petrochemical sites represent a growing fraction of global capacity, including many of the most competitive assets in the world...
United Arab Emirates product markets long-term outlook H1 2019
The United Arab Emirates has large surplus all-supply balance positions across LPG and naphtha. Diesel moves deficit as supply increases aren't suf...
Global composite refining margin update
The Russia/Ukraine conflict required a re-evaluation of our global composite refining margin. European refiners have replaced sanctioned Russian me...
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