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Downstream oil refining reports
Retail fuels in brief: three key trends shaping the European market
The uncertainty and volatility in oil markets this year, triggered by recent geopolitical events, are only the latest disruptive forces impacting f...
Rosneft cites sanctions as reason for Saras share disposal
On January 18th, Russian company Rosneft sold its remaining shareholding in Italian energy company Saras. Rosneft cited the western sanctions, in p...
TotalEnergies' NATREF and Shell’s PCK Schwedt stakes sold to the Prax Group
On 1st December 2023, TotalEnergies agreed to sell its minority stake in South Africa's NATREF refinery to the Prax Group. The 108 kb/d capacity re...
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...
Where will Russia's remaining heavy oil products go?
Refinery upgrade projects are reducing Russian heavy product output while this is being amplified by the tax manoeuvre policy that entered its fina...
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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