Tag Archives: Platts

The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.

The two sides are yet to sign any official agreement regarding the extension of the deadline.

Part of the project includes a third agreement with Zhejiang Energy to invest in a retail fuel network.

Japan relies heavily on imports from the Middle East.

Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.

PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.

Japan did not import any crude from Iran in November.

Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.

Japanese refiners and shipping companies have recently clarified their concerns over relevant shipping insurance.

Market participants would be looking out for last week'.s US inventory data to provide further price direction.