RISING COSTS CALL FOR NEW EUROPEAN REFINING STRATEGIES

Brian N. C. Sweeney Arthur D. Little Ltd. London The outlook for the global refining industry is for increased spending and reduced margins, largely because of efforts to improve the environment. A look at these trends through the end of the decade is thus in order. Three major industry thrusts are proposed to see refiners through this uncertain period. The refining industry was on the crest of a wave in the 1960s, but in the 1970s, oil shocks brought a trough in its fortunes. The upstream,

Jul 19th, 1993
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