Downstream
Diesel prices in the United States rise to $5.58 due to global pressure
Diesel reaches $5.58 per gallon in the United States as refining restrictions reduce global supply.
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Downstream
Dar Blend crude oil returns to marine fuels after Chinese demand falls
Dar Blend crude returns to the Singapore and Malaysia marine fuel market amid lower demand from Chinese refineries.
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Axens launches its 300th Prime-G+ unit in Argentina
Axens and Raízen put into operation a Prime-G+ unit to produce FCC gasoline with lower sulfur content in Argentina.
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Dangote refinery increases Nigeria’s exports sevenfold
The Dangote Refinery is boosting Nigeria's oil exports after expanding its processing capacity to 700,000 barrels per day.
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Shell Chemical Assets Draw Major Interest From ExxonMobil in the U.S.
Shell chemical assets in the United States are attracting interest from ExxonMobil and other potential buyers as Shell restructures its chemicals portfolio. The assets…
Downstream
Equinor secures Johan Sverdrup crude to supply up to 25% of ORLEN’s demand
Equinor and ORLEN signed a three-year agreement for Johan Sverdrup crude, with annual supplies ranging from nearly 5 million to more than 9 million…
Downstream
Cnergyico increases purchases of US crude amid risks in Hormuz
Cnergyico expands its purchases of US crude to reduce energy dependence on Gulf routes and bolster Pakistani supply.
Downstream
U.S. Refining Margins Send Industry Profits Soaring
U.S. refining margins helped Marathon Petroleum, Valero and Phillips 66 generate US$12.6 billion in combined profits during the second quarter of 2026.
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Dangote Terminal in Cameroon Targets Central Africa
The Dangote terminal in Cameroon could strengthen fuel storage and create a new distribution route linking Nigeria with Central African markets.
Downstream
BP sells Gelsenkirchen refinery and accelerates its strategic restructuring
BP completed the sale of the German refinery in Gelsenkirchen as part of its strategy to optimize assets and reduce operating costs.
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