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August 11, 2011 02:02 PM Eastern Daylight Time 

Research and Markets: Oil Refining Trends in United States 2011-2015: Global Oil Refining Capacity Is Around 83 Million Barrels per Day

DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/8a1f2d/oil_refining_trend) has announced the addition of the "Oil Refining Trends in United States (2011-2015)" report to their offering.

“Oil Refining Trends in United States (2011-2015)”

Over the last few decades, the global oil refining industry has gone through many ups and downs. Historically, oil refining has been a low margin sector, with fewer investments, particularly in upgrading the existing capacity. However, in the period from 1970s to 1990s, there has been a considerable amount of investments in the sector; though the demand remained low due to financial crisis in Asia and lower industrial growth worldwide. This resulted in surplus refining capacity worldwide during this period. In last decade, despite heavy investments in the sector, this trend has started to reverse with growing demand in emerging economies like China, India and Brazil. According to industry estimates, global oil refining capacity is around 83 million barrels per day; and to meet the growing global demand, this capacity has to reach the level of 93 million barrels per day by 2010.

This report focuses on country's overall oil refining capacity and a detailed assessment of companies that are operating in the sector. Some of the highlights of this report include:

  • Brief overview of energy production and consumption in the country and recent export / import trends; followed by forecast for energy demand and supply till 2015.
  • Trends in the oil and petroleum sector of the country with statistics on current production, consumption and international trade along with forecast for next 5 years.
  • In-depth analysis of oil refining operations in the country with statistics and trends relating to production, investment, government policies, market competition and forecast for capacity growth.
  • Profiles of major oil refining companies in the country, covering in detail their operations, financials, strategies and major oil refineries they are operating.
  • All the recent news relating to the sector including key policy announcements, mergers and acquisitions, any market related announcements, etc.
  • To give you most up-to-date information, report will be updated on delivery.

Companies Mentioned:

  • Exxon Mobil
  • Chevron
  • ConocoPhillips
  • Valero Energy
  • Marathon Oil
  • Sunoco
  • Hess
  • Tesoro
  • Murphy Oil
  • Western Refining
  • Frontier Oil

For more information visit http://www.researchandmarkets.com/research/8a1f2d/oil_refining_trend

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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