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Downstream oil refining reports
Vitol acquires stake in Sarroch Saras; which EU refinery transactions could be next?
On 11th February 2024, Saras shareholders entered into a sale and purchase agreement with Vitol B.V. for approximately 35% share of Saras. Saras ow...
What can we expect from Petrobras’ refinery divestment programme?
Petrobras re-started the sales process for 3 refineries in June 2022, including Abreu e Lima refinery (RNEST), Presidente Getúlio Vargas refinery (...
What happens to US refineries when demand declines?
Despite strong demand growth in 2015 and 2016, US gasoline demand may be entering a long term decline driven by increasing fuel efficiency and shif...
What is next for heavy Canadian crude?
At a recent industry event in San Antonio, Wood Mackenzie presented our view on what is next for the Canadian heavy oil market. With all the moving...
Where do RIN obligations belong?
The point of obligation for renewable fuel credits has been hotly debated and even rumoured to be changing in recent news. Refiners have complained...
Why is jet fuel not back to 2019 levels?
Asia accounts for the largest jet fuel market globally, but recovery is lagging in 2023, especially in China. The slowdown in China's economy resul...
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