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Will the latest subsidy reduction scale back China’s EV market?
On March 26, 2019, China announced to halve its purchase subsidy for electric vehicles (EV) based on 2018 level and curb the provincial-level subsi...
Shell shifts towards second generation integration in Singapore
Shell recently announced that as part of its energy transition strategy, it is to retain its Singapore integrated refinery/petrochemical site. Howe...
Shell´s downstream portfolio shrinks further: the Puget Sound sale to HollyFrontier
On 4 May Shell announced the sale of the Puget Sound refinery to HollyFrontier. The transaction opens the door for Holly Frontier operations to the...
Signs of stress or just moving on? Announcements by chlor-vinyls players beg the question.
Prices for PVC and caustic soda, the key outputs of the chlor-vinyls chain, are approaching multi-year lows. Global producer margins are being sque...
Sinopec signs 10-year SPA with Qatar Petroleum
On 22 March, Chinese NOC Sinopec signed a 2-mmtpa SPA for 10 years with Qatar Petroleum. Compared to its NOC peers, Sinopec is the least contracted...
Saudi Arabia shale and tight gas unconventional play
As the world's largest oil producer, Saudi Arabia has historically had sufficient gas supplies thanks to associated gas production from its massive...
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