Refining

Photo from Chevron Corp. subsidiary Chevron USA Inc.
Chevron El Segundo refinery
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A fire at Chevron's El Segundo refinery heightens concerns over California's refining industry amid other oil and gas refining operators' plans to close refineries.
Oct. 3, 2025
196157723 © Oleg Kachura | Dreamstime.com
Macquarie strategists note that China’s oil demand is set for a stronger trajectory in 2026, as robust refining activity and a push toward petrochemical expansion offset structural challenges in fuel consumption.
Photo from Esso Société Anonyme Française SA.
Notre Dame de Gravenchon refinery in Port Jérôme sur Seine, Normandy, France.
Photo from ExxonMobil Corp.
ExxonMobil Singapore refinery
Photo from Shell Nederland Raffinaderij BV.
Shell Nederland Raffinaderij BV Rotterdam construction
Image from TotalEnergies.
petrochemical complex

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