Crude oils can be differentiated upon their API gravity density and sulfur content. Most of this increase—approximately 2 MMbpd—will be from China.
As detailed in the March issue of Hydrocarbon Processing, the global refining industry is forecast to add more than 11 MMbpd of secondary unit capacity by the early s. Refineries Due to the crude oil price differential and the differentials between inland and coastal crude oils, refiners depending on crude oil from North America are expected to enjoy higher refinery margins.
Key Topics Covered in the Report: By no means is this the end of the boom in the Middle East downstream industry. Want to share your opinion on this article. Top Fortune Organizations trust us for research data. Global eFuel Market by Manufacturers, Regions, Type and Application, Forecast to E-fuel is being produced by using carbon dioxide CO2 instead of fossils buried beneath the earth surface, this ensures that there is no addition of CO2 in the atmosphere.
A forecasted decline in the rate of growth for transportation fuels is causing many refining companies to re-think their petrochemical strategy, seeking a higher conversion of crude oil into chemical products. Middle East Capacity Addition In the last couple of years, three world scale projects have come online in the region.
This will force refiners to shift their product slate from marginal crude processing; away from both the light ends naphtha and gasoline and the heavy ends fuel oil towards the middle distillates. Market structure of Country Refining Industry, companies, capacities and market share.
Most of this new capacity will be located in the Asia-Pacific region. Evolution of the Chinese chemical industry: The report covers various aspects such as market size by naphtha production and naphtha consumption and market segmentation by production of naphtha from refineries and plants, consumption of naphtha by different sectors, by exports, imports and inland availability of naphtha and by geography.
Global Automotive Energy Recovery Market by Manufacturers, Regions, Type and Application, Forecast to Automotive energy recovery system utilizes dissipated energy to perform various functions in a vehicle such as to provide power to engine or batteries and to enhance engine efficiency by recycling exhausted gasses.
This Study will add value to Downstream Operators Needing a perspective on the extent to which the emerging pressures on their business emanate from local or international sources. Kuwait is also planning significant expansion projects. As we noted earlier, growing local demand is certainly a major driver, with regional demand anticipated to grow by 1.
North American Oil Production on Rise Oil production in North America has been on the rise in the past few years due to the shale oil boom and the sand oil. Although this region comes to mind primarily due to its importance in the production of oil, the regional refining industry is also growing by leaps and bounds.
The naphtha production over the years had witnessed tremendous growth at a CAGR of 7. The increase in refining capacity will also help the country to meet growing domestic consumption of petroleum products.
The total naphtha consumption is forecasted to mount at CAGR of 7. The Global Nickel Cadmium Battery Market has been growing modestly due to rising demand from automobile sector, cost efficiency and Your Details are safe with us.
Refining Refining crude oil results in output being higher than the input. Integrated Companies Seeking an outside perspective on the likely future economic operating environment of the sector. Global Nano Battery Market by Manufacturers, Regions, Type and Application, Forecast to Nanobatteries are fabricated batteries employing technology at the nanoscale, particles that measure less than nanometers or meters.
Impact of Capacity Additions on Global Trade Flows The sum of the developments covered above will increase refining capacity by 2. Sep 26, · Moody's: Outlook for refining and marketing industry in North America, EMEA remains negative as demand continues to lag supply 26 Sep New York, September 26, -- Moody's outlook for the refining and marketing industry in both North America and Europe, the Middle East and Africa (EMEA) remains.
The Oil and Gas Industry Outlook explores the current state of the oil and gas industry and the long-term impacts of the extended oil price downturn. Oil and Gas Industry Outlook Download the PDF John England's take on It’s been an interesting as the news cycle has been dominated by politics, natural disasters, and tense geopolitical challenges; also, the oil market is still challenged by high stocks and sluggish prices.
The Middle East is expected to be the fastest growing region in terms of refining capacity in the coming years. Check out the following video to know what Ekaterina Kalinenko, project director, Euro Petroleum Consultants, has to say about the future of the downstream industry in the Middle East.
PETROLEUM INDUSTRY OUTLOOK (July ) Global energy demand is rising, with fossil fuels—oil, natural gas, and coal—continuing to after will originate in the Middle East whose oil reserves can easily support the higher out-put.
the Middle East.
At the same time, the world refining industry has faced years of low profits and is. Download all the latest Oil Refining market reports you need, instantly, in one place.
Click to start now! Search industry reports, statistics & slideshows. Search inside Oil Refining. Market Research Refining Industry Outlook in Middle East .Refining industry outlook in middle east