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Downstream oil refining reports
SAPREF suspends operations
SAPREF, a joint venture between BP Southern Africa and Shell Refining SA, will be suspending production from the end of March 2022 for an indefinit...
Saudi Arabia product markets 2021 outlook to 2050
Saudi Arabia is a large exporter of LPG and naphtha primarily driven by large contributions from non-refinery supply sources. Middle distillates ar...
Saudi Aramco increases its stake in China’s Downstream Value Chain - more to come?
Saudi Aramco recently announced two major downstream deals to expand its presence in China. The company agreed to acquire a 10% interest in Rongshe...
Saudi's face-off for crude market share in Asia
Saudi Arabia has so far been able to defend its market in Asia, a region which provides the highest netback for its crude. The stakes remain high t...
The global rebound in diesel/gasoil demand: how long will it last?
Global demand for diesel/gasoil grew by nearly 400 kb/d year-on-year in Q2 2017 following a fall in 2016 and a slow start to 2017. Consumption grow...
The implications of the EU ban on Russian distillate exports
The EU embargo which took effect in December 2022 for crude oil will include refined products from February 2023. Crude trade flows have already re...
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