Refining Thematic: The Myth of EVs vs Gasoline * Refining Conference Schedule Launch *

By Paul Sankey Published on December 6, 2023 at 9:08 AM

The final section of our 2024 refining themes takes us to the single biggest sector in global oil, and one with potentially the most dramatic transition: US gasoline. So far we have covered: DIVERGING BALANCES – short distillate, long gasoline; China petchem solves excess gasoline?​ ​CAPACITY ADDS – Major additional capacity East of Suez, Nigeria’s Dangote, Mexico’s Dos Bocas​ ​DIFFERENTIALS NARROW – Saudi cuts vs burgeoning US light-sweet, Q3 2023 start up of Canada’s TMX​ ​RENEWABLE DIESEL …

Read More

Refining Thematic III: Trans Mountain Pipeline Expansion

By Paul Sankey Published on November 17, 2023 at 11:43 AM

Trans Mountain Pipeline expansion & WCS Diffs The North American oil world is keenly watching progress on the last legs of the Trans Mountain pipeline expansion, the long-awaited 590 kbd expansion of pipeline moving production from Alberta to the Vancouver area. Costs have ballooned from C$5.4B up to over C$31B and after years of delay, the expansion startup is almost here. This is possibly the single most cost-overrun project in global oil & gas history …

Read More