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Downstream oil refining reports
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...
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...
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...
Webinar: Product markets service strategic planning outlook
On Wednesday 7 June, our experts explored the outlook for global and regional oil product markets up to 2050 including: -How the acceleration of el...
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...
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 (...
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