Global Refining Industry On Verge Of Rebound

Leo Aalund Managing Editor-Technology The global oil refining industry is on the verge of a major rebound after about 15 years in economic doldrums. Capacity closures and rationalizations have driven utilization rates up near the maximum, while planned capacity expansions won't keep up with rising demand. As a result, the U.S., where gasoline demand is growing, must markedly increase its imports of gasoline. Much of this will come from Europe, where gasoline demand is stagnant. Another characteristic of this new era in refining is the appearance of a new breed of refiner, who is driven by downstream markets rather than by crude oil. Concurrently, so...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected