Downstream
Base oils drive HF Sinclair’s strategic transformation
Base oils are becoming a strategic asset for HF Sinclair following new supply agreements and the reorganization of its lubricants business.
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ORLEN’s transshipment terminal strengthens the Gdańsk refinery
ORLEN’s transshipment terminal has officially commenced operations alongside the company’s refinery in Gdańsk, Poland, marking another milestone in the modernization of the group’s energy…
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Refineries Gain Ground in Venezuelan Oil Market
Direct purchases from PDVSA expand refineries' share and reduce traders' dominance.
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Honeywell Acquires Johnson Matthey Catalytic Technologies
Honeywell Technologies expands its offering for refining and petrochemicals after integrating Johnson Matthey's catalytic technologies business.
Downstream
PetroChina launches ethylene project in Xinjiang
The plant will produce 1.2 million tons of ethylene per year and will use photovoltaic energy from the Tarim deposit.
Downstream
Sinopec strengthens its aviation fuel business after integrating CNAF
Sinopec integrates CNAF to secure aviation fuel supply and expand SAF development in China.
Downstream
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.
Downstream
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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