Decades of investment in refining capacity, source diversification, and reserves have helped turn a potential crisis into a relative advantage for regional aviation hub
Closure of two refineries will reduce US’ capacity, while south of the border countries are building out capacity to meet demand
China has seen an unprecedented boost in refining capacity while India has ambitious plans as the region seeks to meet burgeoning demand
The EU’s manifold regulations complicate life for refiners, while Eastern Europe is still adjusting to the disruption to Russian oi flows
Countries are seeking to diversify their product portfolios by investing in downstream capacity
The continent produces more oil than it needs, but its refining shortfall is leaving it dependent on imports
Projects in North and South America are suffering from an abundantly supplied market
Hundreds of billions of dollars in investment have led to an oversupply in the region with wide-ranging effects
Western European countries are struggling while Kazakhstan and Uzbekistan are making significant investments
The region is grappling with the same oversupply problems as other parts of the world, but its cheap feedstock gives it the advantage
The continent is not as mature as other regions, but Egypt, Algeria and Nigeria, in particular, are spending big
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
