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bp sells Gelsenkirchen - portfolio optimisation or strategic contrarian?
In March 2026, bp announced an agreement to sell Gelsenkirchen refinery to Klesch Group, an independent refining group that owns Heide (Germany) an...
US upstream week in brief: Q1 2026 archive
The US week in brief report highlights the need-to-know events from US upstream. It is a rolling document, continuously updated with our own analys...
Middle East Conflict Impact On Global EOEG Market
On 28 February 2026, the United States and Israel launched Operation Epic Fury on Iranian military and nuclear facilities, killing Supreme Leader K...
From Oversupply to Crisis: How Middle East conflict could flip Asia olefins market narrative
The US-Iran conflict has fundamentally disrupted Asia's petrochemical supply chains. As of 18 March, the war remains ongoing with the Strait of Hor...
Shurtan Area
State-owned Uzbekneftegaz (UNG) operates the Shurtan Area, which is centred on the giant, albeit mature, Shurtan gas field and related gas processi...
Legislation with the handbrake on - assessing the impact of the EU’s Industrial Accelerator Act
The EU's Industrial Accelerator Act (IAA) aims to increase the region's manufacturing sector's share of GDP to 20% by 2035. To achieve this, the IA...
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