Refining & marketing
Austria's OMV welcomes a new CEO
1 July 2015
Rainer Seele has plenty of work to do thanks to the oil price and legacies of the past
Varo raises sights in European downstream
22 June 2015
Varo Energy, Europe's newest downstream specialist, is merging with trading and marketing company Argos to target the creation of a 'major downstream business' in northwestern Europe
Sulphur reduction in gasoline will lift alkylation economics
21 May 2015
The news comes as part of a study by DuPont as countries begin to switch to sulphur-free gasoline
Total's restructure in France will close La Mède refinery
21 April 2015
The company's plan for refining in France will also see investments in biofuels and desulphurisation
Uganda refinery decision raises hopes for oil in 2018
17 March 2015
The country's Lake Albert oilfields could start producing within the next three years
Refiners await surge of Middle East exports after new start-ups
4 February 2015
The start-up of new super-refineries in the Middle East is set to flood Europe's markets with middle distillates
Rising production of US shale oil has boosted storage industry
8 December 2014
Refinery and product export trends are good for Gulf coast storage operators
Optimism runs high for Satorp refinery in Saudi Arabia
31 October 2014
Total lauds the economic strengths of its new Saudi Arabian complex while troubles in Europe mount
Kuwait's Rotterdam refinery for sale or shut-down
10 October 2014
Kuwait Petroleum International wants to cancel planned investment in the Netherlands
Marine fuel drives ExxonMobil European refinery investment
18 September 2014
A substantial investment in a Norway refinery following reduction in allowed sulphur content in marine fuel
Chevron's gas to liquid starts flowing in Nigeria
28 August 2014
The major is nine years behind schedule at the Escravos plant, Nigeria
Middle East refiners could increase by a third
13 August 2014
Exports from the new super-refineries of the Middle East – now the world’s fastest-growing refining region – will speed the pace of closures in Europe
Varo Energy to acquire assets in European Total
31 July 2014
The downstream specialist is eyeing growth in Europe by buying heating oil and diesel businesses
Australian refinery troubles lead to rising import dependence
8 July 2014
But Australia will benefit from proximity to Asia’s new facilities
Uganda refinery bidders down to two: SK Energy or RT-Global
24 June 2014
Authorities rejected two out of the four bids they received for the inland refinery in Uganda
China's refining boom fades and brings fears of overcapacity
28 April 2014
Slowing oil demand growth, a changing economy and stricter environmental standards are ushering in a new era for refiners
Boom-times for US refiners as output increases by 49%
22 April 2014
Over the past five years, US crude oil production has increased by more than the entire output of Nigeria
Fading hopes for UK's Milford Haven refinery as sale collapses
8 April 2014
Greybull Stewardship private-equity fund have pulled out of talks with the refinery's owner
Melting ice is opening the Arctic to trade routes
20 February 2014
Arctic melting is opening up new trade routes, but the impact will be smaller than thought
A bleak outlook for Europe’s refiners amid closures
7 February 2014
Increasing exports from US and Middle East refineries seem set to bring more closures in Europe
Nigeria’s downstream chaos could sink planned refinery sale
21 November 2013
The country's four struggling refineries are to be privatised
Uganda’s oil production delayed until 2018
25 October 2013
Seven years after oil was discovered in inland Uganda, first flows are still in the distant future
Gas flaring complicates US Bakken oil boom
7 October 2013
Damaging and disruptive, gas flaring is bad for the environment and for companies, yet it's on the rise in North Dakota
Refiners struggle to keep up in Latin America
16 September 2013
Imports are on the rise across the region as refiners struggle to keep up with demand
Hopes for help for UK refiners after report calls for action
7 August 2013
The report recommends the government looks at regulations and taxes faced by refiners
Sweet and sour prospects for global refiners
6 August 2013
With shale crude production escalating and the world's refineries becoming increasingly complex, processing sour crudes is no longer a reliable route to sweet margins