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.
Operating costs | McKinsey Energy Insights
Operating costs typically refer to only the non- hydrocarbon costs associated with running the refinery. Refinery costs are typically measured per barrel of crude oil processed. These are typically grouped into fixed and variable categories depending on whether they vary with throughput or not.
Largest oil refineries worldwide by capacity 2023 Statista
Largest global oil refineries by capacity 2023. Located in India, the Reliance Industries-owned Jamnagar Refinery is the largest oil refinery in the world. As
How a massive refinery shortage is contributing to high gas
Gas prices started skyrocketing following a raft of sanctions on Russian oil, after its invasion of Ukraine in February. The national average price of gasoline surpassed $5 a gallon for the...
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
Refining crude oil - refinery rankings - U.S. Energy
Top 10 U.S. refineries operable capacity* As of January 1, 2022 See full list of refineries Last updated: June 21, 2022, with most recent data available at the time of update. Also in Oil and petroleum products explained Oil and petroleum products Refining crude oil Where our oil comes from Imports and exports Offshore oil and gas Use of oil
Top 10 large oil refineries Hydrocarbons Technology
Jamnagar refinery is the world’s largest oil refinery with an aggregate capacity of 1.24 million barrels per day (bpd). The refinery complex is located at Jamnagar in Gujarat, India. It is owned and operated by Reliance Industries. The refinery complex is spread across 7,500 acres and has more than 50 process units whic
Exclusive: Exxon prepares to start up $2 bln Texas oil
Refiners are earning about $35.40 per barrel using the industry's crack spread , a profit measure which compares the cost of crude oil to sale prices for gasoline and diesel, according
Refinery Capacity Report U.S. Energy Information
Refinery Capacity Report. With Data for January 1, 2022 Release Date: June 21, 2022 Next Release Date: June 2023. Previous Issues. Select Year. Data series
Oil Refining Four Big Challenges - Forbes
By 2050, under AET-2, the refining sector has withered to one-third of its current capacity, with less than 150 of the current 700-plus sites in operation; and our global composite gross refining
