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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

JULY 21, 2022

Chinese capacity is scheduled to increase significantly this year because of the start of at least two new refinery projects and a major refinery expansion. The 650,000 b/d Dangote Industries refinery in Lagos, Nigeria, set to be the largest in the country when completed, may come online in late 2022 or 2023.

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Global China Kuwait Oman 448
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Saudis Expand Price War Downstream

Green Car Congress

JULY 28, 2015

Is Saudi Arabia likely to win a potential price war against Asian producers of diesel? million barrels of low-sulphur diesel to Asian and European markets, the Saudis are directly competing with Asian refiners, potentially sparking a price war. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico.

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Saudi Arabia Price Oil India 150
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