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Downstream oil refining reports
Surging RIN prices and an uncertain future
The United States Renewable Fuel Standard (RFS) has garnered more headlines in 2021 than any year since 2013 when the program was at a pivotal cros...
Regional product markets short-term outlook October 2021
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2023 on a regional level. In r...
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...
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 (...
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...
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