03.06.2013
- Shifts In Global Competition - The European refining and petrochemicals industry faces significant structural challenges. A declining demand for many refinery products and...
10.05.2013
- At least five refineries in Northwest Europe and the Mediterranean have been reducing output since the second half of April due to weak margins, particularly for gasoline and...
16.04.2013
- Europe, the Mediterranean and the United States will ship about 1 million tons of naphtha to Asia next month, similar to volumes that have been running more than 60% higher than...
14.03.2013
- Vitol, the world's largest oil trading house, has been barred by pricing agency Platts from its daily European "window" naphtha trading session after failing to deliver on time...
19.02.2013
- Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...
11.10.2012
- India's second largest refiner, Bharat Petroleum (BPCL), will complete expansion projects costing more than $3 billion at two refineries by 2015, as it moves to boost output and...
03.10.2012
- Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...
06.02.2012
- Dow Chemical, one of the largest U.S. buyers of natural gas, is considering a hedging program for the first time in a decade to lock in rock-bottom prices for the fuel. The move by...
