Downstream refining and marketing of petroleum and petrochemical products is a dynamic business driven by the shift in economic prosperity of developing nations and changing energy demand patterns globally.
Many of the traditional downstream players are divesting their assets in developed markets, whilst new projects are beginning to be developed in the higher growth markets of Asia. Developments in the Middle East, particularly in petrochemicals (including ethylene, propylene, aromatics, acetyls and fertilizers), continue to generate significant opportunities. All these factors make this an exciting industry to work in, and one that requires its advisers to have sector–specific knowledge backed up by a global resource capability.
Allen & Overy has been at the forefront of this market, advising IOCs, NOCs and host governments, sponsors, funders (equity and debt), and contractors on market leading transactions globally.
News & insights
News: 29 JULY 2020
Allen & Overy has announced today that it advised Czech Gas Networks Investments S.à r.l (CGNI) on its successful issuance and placement of EUR 600 million and CZK 6.75 billion notes with investors on…Read more
News: 17 JULY 2020
Allen & Overy has advised PTT Public Company Limited (PTT), Thailand’s fully integrated multinational petroleum and petrochemical company, on its establishment of local and global MTN programmes and…Read more
Publications: 19 JUNE 2020
As part of a broader effort to reshape the EU’s trade policy, the European Commission (EC) proposes to expand its toolbox to tackle foreign subsidies undermining the level playing field in the EU’s…Read more