21 Oil Refinery Industry Statistics and Trends
#21. 17% of the cost in gasoline sales comes from the refining process. In comparison, 47% of retail gasoline pricing comes from the crude oil itself. (Statista) Oil Refinery Industry Trends and Analysis. Our current society is built on the consumption of oil.
Global Oil Refinery Market Outlook 2017 Growth, Trends
Global Oil Refinery Market Outlook - Growth, Trends and Forecasts 2017 - 2022. This press release was orginally distributed by SBWire. Deerfield Beach, FL -- -- 11/22/2017 -- Global Oil Refinery
Venezuela's Oil Tale
Oil export figures reported by the Central Bank of Venezuela (BCV) and the state-owned petroleum company, Petróleos de Venezuela, S.A. (PDVSA) claim total oil production of 3.1 million barrels per day (mbd) in the first half of 2010, with exports of 2.4 mbd—down from 2.8 mbd in exports from the same period in 2009.
Refinery-profitability statistics begin | Oil & Gas Journal
Overall trends in refining profitability in each region, in turn, reflect the combined impact of refined-product prices along with regional crude oil costs and typical refinery efficiencies.
PDF Global Trends in Oil & Gas Markets to 2025
TRENDS IN GLOBAL OIL & GAS MARKETS TO 2025. The present outlook reflects LUKOIL's position regarding global hydrocarbon market long-term prospects. The . outlook's objective is to analyze trends that will - in our view - determine the future of global oil and gas markets. Such analysis is prepared by the Company on a regular
Business Trends: Global refining overview—Part 3
November 2016 Trends and Resources Business Trends: Global refining overview—Part 3. Hydrocarbon Processing continues its series on the global refining industry. This series provides a detailed outlook on the state of the global refining sector, active and new project developments, and an overview of major refining trends in each region.
Venezuela's Oil Meltdown Defies Belief | OilPrice.com
Venezuela might have to declare force majeure on its oil exports as production plunges and its ports are unable to ship enough crude. The ongoing meltdown in Venezuela's oil sector could tighten
Oil Refinery Market - Global Industry Analysis, Size, Share
The global oil refinery market is expected to increase due to rising energy demand, evolving technology and new sources of the crude oil explored during the forecast period.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
How much does it cost to build an oil refinery and how long
I've worked in a refinery for almost 3 years now, and in the Oil & Gas industry for five. I'm not even close to knowing everything there is to know about running a refinery let alone building one. I'll do my best to answer. A good question but in...
List of oil refineries
The Oil & Gas Journal also publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Gasoline and diesel usage and pricing
The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar.
PDF P04 Oil Ref KV Apr2014 GSOK - Energy Systems Analysis
This trend is continuing in developing regions. After the evolution toward high quality refined products, a new trend is a switch in feedstock proportions, i.e. decreasing conventional oil use while increasing non-conventional oil and non-crudes such as biofuels, gas-to-liquids (GTL), coal-to-liquids (CTL) and natural gas liquids (NGL) .
PDF ENERGY STAR Guide for Petroleum Refineries
billion. Although refineries typically spend 50% of cash operating costs (i.e., excluding capital costs and depreciation) on energy, recent developments in natural gas prices have reduced this to approximately 30%. Even with these savings, energy remains a major cost factor and an important opportunity for cost reduction.
It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas. Since its founding on 1 January 1976 with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter.
Oil Refinery | Modcon Systems Ltd.
Oil Refinery The objective of modern oil refinery plant is manufacturing the high value and on-specification products at optimal cost and minimal environmental burden. Therefore on-line qualitative and quantitative measurements of physical properties and chemical composition are an indisputable requirement.
PDF The Economics of Petroleum Refining
The Economics of Petroleum Refining In the oil refining business, the cost of inputs (crude oil) and the price of outputs (refined products) are both highly volatile, influenced by global, regional, and local sumers Co-op refinery in Regina, SK cost $2.7 billion.
Palm Oil Refinery Plant Cost - palmoilmillplant.com
Palm Oil Refinery Set Up Cost. The cost to start and operate a palm oil refinery plant covers a lots of aspects. ABC Machinery, as a reliable and professional manufacturer and supplier for palm oil processing machinery and palm oil refining equipment, will tell you how to calculate the cost of running a palm oil refinery plant.
PDVSA risks losing Curacao on failure to invest: Fuel for
PDVSA risks losing Curacao on failure to invest: Fuel for Thought The failure of Venezuelan state-owned oil company PDVSA to live up to its contractually obligated investments in Curacao's Isla refinery has come back to bite them and they now risk losing it to China, which has stepped up to the plate with its own plan.
SCADA system for oil refinery control - ScienceDirect
The SCADA real system for oil refinery process control is designed to monitor and control all the system process instead of the conventional control through DCS is presented in this paper. An oil refinery process consists of four main units: a crude oil storage unit, a crude oil pretreatment unit, a distillation unit and products storage
PDF The Intelligent Refinery
THE INTELLIGENT REFINERY - DISTILLING DIGITAL, DRIVING INNOVATION 2 The Survey was conducted by PennEnergy Research in partnership with the Oil and Gas Journal on behalf of Accenture. Respondents were oil refining and gas industry professionals from a cross-segment of the industry, including: Executives and Mid Level Management.
PDF Diesel vs Gasoline Production - US Department of Energy
1 Gasoline vs Diesel Price Gasoline and Diesel prices are controlled by the law of supply and demand However they can be affected by: Fundamental energy content - The cost of crude oil - Refinery configurations - Industry capacity utilization
At the Wellhead: Venezuela's upgraders are - The Barrel Blog
Venezuela has extensive heavy oil reserves, and increasingly, no way of treating it. It's not a feedstock that can just get thrown into any refinery. Platts Venezuelan correspondent Mery Mogollon discusses that particular problem-one of many-in this week's Oilgram News column, At the Wellhead.
2020 Oil and Gas Industry Outlook | Deloitte US
Explore our 2020 oil and gas industry outlook to help your energy business get ahead of upcoming challenges. Looking for the latest trends in the oil and gas industry? Explore the uncertainties, risks, and opportunities in our 2020 oil and gas industry outlook.
Refinery Economics | EME 801: Energy Markets, Policy,
Determining profitability for a specific refinery is very difficult since data on operational and environmental compliance costs are generally not available. A rough measure could be obtained by calculating the cost of crude-oil feedstock (though to do this with precision would require knowledge of the crude blends used in a specific refinery
U.S. Energy Information Administration (EIA) - Analysis
Upgrading of refinery capacity also continued in 2009, further expanding their ability to refine the lowest quality (and lowest cost) crude oils available and produce more highly-valued products. Despite these cost reduction and revenue maximization efforts, the FRS companies experienced the worst year in survey's history.
Crude Oil Refining Process to Gasoline - Cost
Ballpark Estimate: $0.30 to $0.60 a gallon. With the high cost of filling your gas tank today, you might be interested in understanding the process and the real costs associated with getting the gasoline at your local station from the crude oil at the refineries. Oil companies are making record profits and it is easy to […]
Chavista Volunteers Repair Venezuelan Oil Complex to Boost
Merida, September 19, 2018 (venezuelanalysis.com) - More than sixty volunteer workers belonging to the Workers' Productive Army have carried out a week's restoration and "stabilisation" work at Venezuela's largest oil refinery complex as a response to the country's economic crisis and collapsing oil output.
PDF Using Wireless Gas Detection To Prevent Refinery Incidents
And the accidents are not just a challenge for refineries in the U.S. One of the deadliest oil refinery accidents occurred at Venezuela's largest refinery in August 2012. Three tanks at the refinery exploded, which killed 41 and injured more than 80 people. Early reports said more than 200 nearby homes were damaged by the
Feasibility Study for A Petroleum Refinery for The Jicarilla
A feasibility study for a proposed petroleum refinery for the Jicarilla Apache Indian Reservation was performed. The available crude oil production was identified and characterized. There is 6,000 barrels per day of crude oil production available for processing in the proposed refinery. The proposed
What are the new technologies in oil and gas refining
Emerging technologies, such as those covered here, from laser drilling to new types of solar photovoltaic modules, could also disrupt the trends and economics of the energy system.
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