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Downstream oil refining reports
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...
Russia diesel export ban - what happens next?
Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four ex-Soviet states with immediate effect in or...
Russian VGO - what happens when the flow to Europe stops?
February 2023 will see European refiners lose their primary source of VGO imports as the EU's sixth sanctions package against Russia comes into for...
Saudi Arabia’s crude burn to weaken in summer 2024
Saudi Arabia typically burns over 0.5 million b/d of crude oil for power generation. Oil burn is highly seasonal in Saudi Arabia, peaking in the su...
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 ...
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...
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