- China petchem plants face shutdown as tariffs on US LPG loom
April 09, 2025
Armaan Ashraf, global head of natural gas liquids at consultancy FGE, said tarifs could force Chinese PDH operators to cut average operating rates by nearly 15 percentage points and curb demand for propane from steam crackers a...
- China teapot oil refiners improve run rates but demand woes, sanctions weigh
April 07, 2025
Consultancy FGE estimates a recovery of 50,000 barrels per day (bpd) for Shandong independents' crude runs in March, having dropped by 400,000 bpd between December 2024 and February 2025.
Runs should recover further in April a...
- Iran has ample crude storage to weather US sanctions
April 02, 2025
Iran could maintain stable crude output even if nuclear talks with the US collapse and Washington reimposes stricter sanctions, FGE analyst Mia Geng said Wednesday. The OPEC producer has ample storage capacity to absorb surplus...
- Record OPEC+ fuel exports blunt group's crude supply cut
March 13, 2025
"When you are crude producer and refiner, then you can supply the world: You can sell your LPG and naphtha to Asia, sell your gasoline to Africa and Latin America, sell your diesel and jet to Europe," FGE [Managing Director Mid...
- Iraq scrambles for alternatives as US cuts Iran energy waivers
March 12, 2025
The United States' decision not to renew waivers includes only electricity imports from Iran, not all gas imports, FGE revealed.
Iraq relies on Iran for 22% of its total gas and electricity imports according to FGE, raising co...