Economics
SABIC says China petrochemical project to cost $3-4 B
Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.
Williams Partners to explore monetizing Geismar olefins plant
Williams Partners has initiated an adviser-led process to explore the monetization of its indirect ownership interest in the Geismar, Louisiana olefins plant and complex.
Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery
Saudi Aramco and its US refining JV Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery.
Enbridge defers Sandpiper Project
Enbridge Energy Partners will withdraw regulatory applications pending with the Minnesota Public Utilities Commission for the Sandpiper Pipeline project.
Ex-oil traders win partial victory over BP in Canada refinery dispute
A team of former Wall Street oil traders have won a partial victory in their continuing legal dispute with oil major BP over how to properly run a remote eastern Canadian refinery.
Brazil Supreme Court overturns Odebrecht asset freeze
A Brazilian Supreme Court judge overturned an audit court ruling that froze the assets of industrial conglomerate Odebrecht due to alleged overcharging on a refinery built for state oil company Petrobras.
Mild weather, lower demand impels Argentina to rework LNG import deals
Argentina is diverting or cancelling incoming shipments of liquefied natural gas (LNG) after mild late winter temperatures curbed fuel demand and forced state-run LNG buyer and importer Enarsa to rework some deals.
Global Project Data
This special installment of Global Project Data focuses on the global refining sector.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
Business Trends: Global refining overview—Part 1
The outlook of an industry can change dramatically in a short period of time. This series will examine the global refining sector in depth—where it stands, and where it is going.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
