Downstream
Sinopec strengthens its aviation fuel business after integrating CNAF
Sinopec integrates CNAF to secure aviation fuel supply and expand SAF development in China.
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Global diesel market enters a new phase of redistribution
International diesel trade has ceased to rely on traditional export and import patterns to adapt to a more dynamic environment.
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Saudi Aramco cuts its official prices for Asia by $6 per barrel, the largest adjustment since 2022
Saudi Aramco oil prices Asia for July 2026 registered their largest cut since 2022: $6 per barrel less in the official selling price (OSP)…
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China refining projects: 500,000 bpd delayed due to Hormuz crisis
China refining projects delay 500,000 bpd of new capacity due to uncertainty over crude oil supply from the Middle East.
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Dangote Refinery Exceeds 700,000 bpd in Operational Test
The Dangote Refinery processed 700,000 barrels per day in a test, exceeding its nameplate capacity of 650,000 bpd and consolidating its position as Africa's…
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Naphtha Sohar: ADNOC Achieves Historic Alternative Route to Asia for 2026
In April, ADNOC halted approximately 1 million metric tons per month of naphtha exports from its Ruwais refinery.
Downstream
$400 Million Refinery Begins Construction in Oklahoma
Green Fuels Operating will build a 30,000 bpd refinery in Duncan with a $400 million investment.
Downstream
TotalEnergies extends the cap on fuel prices in France
The multinational maintains the price cap on gasoline and diesel in response to the crisis in the Middle East and introduces special holiday rates.
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PETRONAS assumes full control of PRefChem following a strategic agreement with Aramco
The Malaysian corporation acquires full ownership of the shareholding in the Johor petrochemical complex to optimize its operational flexibility.
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Australia secures jet fuel and agricultural urea amid global supply pressures
Australia strengthens its jet fuel and agricultural urea supply amid global energy tensions.
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