Economics of Oil Refining SpringerLink
1 Introduction. Refining is a key step in the oil industry, as we do not directly consume crude oil. A petroleum refinery is a set of installations intended to
Global oil refinery industry - statistics & facts | Statista
Global oil refinery capacity 1970-2021. Refinery capacity for crude oil worldwide from 1970 to 2021 (in 1,000 barrels per day) Premium Statistic. Global oil refinery capacity 2010 & 2021, by country.
Refining crude oil the refining process U.S. Energy
Petroleum refineries convert (refine) crude oil into petroleum products for use as fuels for transportation, heating, paving roads, and generating electricity and as feedstocksfor making chemicals. Refining breaks crude oil down into its various components, which are then selectively reconfigured into new products. Petroleum refineries are complexa...Wikipedia
New tech could provide cheaper, less-polluting way to refine
The first step in petroleum refining is separating that mix through a distillation process. The raw crude oil is heated up to about 500 C. Lighter components, such as those that make up gasoline, vaporize at lower temperatures and are captured. Heavier components, such as home heating oil, vaporize at higher temperatures.
Petroleum refining processes
Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil and fuel oils. Refineries are very large industrial complexes that involve many different proc
Crude oil to chemicals: How refineries can adapt | McKinsey
It allows refineries to produce petrochemicals from heavy oils by converting a low-value refinery stream into high-value products suitable for integrated processes. It was developed by the JX Nippon Oil and Energy Corporation, King Fahd University of Petroleum and Minerals, Axens, and Saudi Aramco. In 2019, S-Oil of South Korea became one of
(PDF) Oil Refining ResearchGate
In the industry, the refining process is commonly called the downstream sector, while raw crude oil production is known as the upstream sector. Discover the
Petroleum refining | Definition, History, Processes, & Facts
petroleum refining, conversion of crude oil into useful products. The refining of crude petroleum owes its origin to the successful drilling of the first oil wells in Ontario, Canada, in 1858 and in Titusville, Pennsylvania, U.S., in 1859. Prior to that time, petroleum was available only in very small quantities from natural seepage of subsurface oil in various areas throughout the world
Edible oil refining process systems Alfa Laval
Edible oil refining process systems. Refining crude oil into edible oil requires deep process knowledge—from degumming, neutralization and dewaxing through to
Refining Vegetable Oils: Chemical and Physical Refining - Hindawi
This review presents recent technologies involved in vegetable oil refining as well as quality attributes of crude oils obtained by mechanical and solvent extraction. Usually, apart from virgin oils, crude oils cannot be consumed directly or incorporated into various food applications without technological treatments (refining). Indeed, crude oils like soybean, rapeseed, palm, corn,
