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Downstream oil refining reports
Regional product markets short-term outlook February 2022
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2023 on a regional level. Our ...
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...
Saudi Aramco’s RAPID entry into Southeast Asia
Saudi Aramco's joint venture with PETRONAS in the RAPID project is a win-win for both partners. Saudi Aramco gets a secure outlet and a stake in a ...
Three reasons why European oil demand will decline again from 2017
European oil demand fell every year between 2006 and 2014, dropping by a total of 2.5 million b/d as high oil prices coupled with a flagging econom...
Tight margins and overcapacity limit the growth of China's teapot refiners
With the increase in teapot refiners utilisation rate and slower oil demand growth in China, the need for new refining capacity to meet domestic de...
What are the implications of NNPC’s plans to rehabilitate the Port Harcourt refinery?
On average during 2020, Nigeria consumed 520,000 b/d of refined products, with nearly 80% imported and the remainder coming from non-refinery suppl...
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