AFRICAN REFINING IN A GROWING
|
|
- Lucinda Robbins
- 6 years ago
- Views:
Transcription
1 AFRICAN REFINING IN A GROWING ENVIRONMENT TOTAL VIEW ARA week 2015 Mathieu Soulas Vice President Logistic & Supply Africa Middle East Marketing & Services
2 REFINING ENVIRONMENT 2
3 A GLOBAL REFINING OVERCAPACITY WITH REFINING CAPACITY GROWTH PULLED BY MIDDLE EAST AND ASIA Worldwide capacity additions Mb/d Worldwide refining i overcapacity (at 85% operating rates) Mb/d Overcapacity increased by 2 Mb/d 90 if no actions Rest of World Middle East 85 Existing overcapacity Asia '08 ' '10 ' '12 ' '14 ' '16 ' '18 demand Demand expressed in refining refining treatement treatment Ref. Refining Capacity capacity at 85% operating 85% operating rate rate Actions : Reduction of operating rates Projects delayed or cancelled Capacity closures 3
4 REFINING: INCREASING US COMPETITION WITH EMERGENCE OF NON CONVENTIONAL RESSOURCES US capacities and operating rates (Mb/d) 20 refining capacity refining treatment operating rate 100% 96% 92% $/mmbtu Natural Gas EU (NBP) 14 88% 8 6 Henry Hub 12 84% 4 2 Ethane US % Growth domestic production More competitive US refining = 1.5 Mb/d additional production since 2011 Logistical constraints + exportation ban Advantaged crude Support margin Throughput increase 4
5 EVEN WITH WORLDWIDE RATIONALIZATION IN OECD COUNTRIES EUROPE (4.6% DECREASE VS 2007). Shutdowns/ Conversion (1) GB Petroplus Teesside 120 kbd 2009 (2) France Total Flandres 140 kbd 2010 (3) France Total Normandie 140 kbd 2010 (4) Roumanie OMV Arpechim 65 kbd 2010 (5) Allemagne COP/HESTYA Wilhelmshaven 260 kbd 2011 (6) France Petroplus Reichstett 80 kbd (7) Italie Tamoil Cremone 90 kbd 2011 Mb/j (8) Italie ENI Porto Marghera 70 kbd 2012 (9) GB Petroplus Coryton 220 kbd 2012 (10) Italie TotalErg Rome 90 kbd 2012 (11) GB ExxonMobil Fawley 80 kbd 2012 (12) France Petroplus Petit Couronne 160 kbd 2013 (13) Allemagne Shell Harburg 100 kbd 2013 (14) Italy MOL Mantova 55 kbd 2014 Total Europe = 1.6 Mbd to terminal. Partial shutdowns Ou Capacity reduction AMERICAS 10 (1) US New Mexico Western refining Bloomfield 20 kbd 2009 (2) Canada Shell Montreal 125 kbd 2010 (3) US New Jersey Sunoco Eagle Point 150 kbd 2010 (4) US Virginia Western refining Yorktown 65 kbd 2010 (5) US Oklahoma Holly Frontier Tulsa (2 sites) 35 kbd 2010 (partielle) (6) US Virgin Islands Hess/PDVSA St Croix 500 kbd 2011 & 2012 (7) US Pennsylvania Sunoco Marcus Hook 180 kbd 2012 (8) US New Jersey Hess Port Reading 0 kbd (FCC :65kbd) 2013 (9) Canada Imperial Oil Dartmouth 85 kbd 2013 JAPAN /AUSTRALIA (1) Japan Toyama 60 kbd 2009 (2) Japan Yokkaishi 50 kbd 2010 (partielle) (3) Japan Sakaide 30 kbd (partielle) 110 kbd (4) Japan Chiba 20 kbd 2010 (partielle) (5) Japan Kawasaki (Ohgimachi/Keihin) 120 kbd 2011 (partielle) (6) Japan Negishi 70 kbd 2011 (partielle) (7) Japan Ohita 24 kbd 2011 (partielle) (8) Japan Kashima 21 kbd 2011 (partielle) (9) Japan Mizushima 110 kbd 2011 (partielle) (10) Japan Tokuyama 120 kbd 2014 (11) Japan Muroran 180 kbd Total North America = 1.2 Mbd Total Japan = 0.9 Mbd (10) Aruba Valero Aruba 235 kbd 2012 Total Latin America = 0.2 Mbd (12) Australia Clyde 80 kbd 2012 (13) Australia Kurnell 135 kbd 2014 (14) Australia Geelong 120 kbd 2014 (end of) Total Australia = 0.3 Mbd RC / SDR / BIM - May Sources : BIM database 5
6 AFRICAN REFINING ENVIRONMENT 6
7 REFINING: NEW COMPETITORS, NEW FLOWS Growth US distillate exports to EUR CEI North America Sharp decrease EUR gasoline exports to the US Europe Growth ME distillates exports to EUR Competition US EUR on gasoline exports to Africa Middle East Asia US Refining competitive advantage versus EUR and Asia Africa (Margin in $/t) $/t 70 $/t South America gasoline distillate ERMI avantage avantage USGCI brut energie 7
8 AFRICAN REFINERIES COMPETITORS EXAMPLE: SATORP Jubail / Saudi Arabia. 400 kbd, 12 G$, start-up % Arab heavy crude feed, 0% fuel oil (full conversion)
9
10 10
11 11
12 12
13 13
14 TOTAL IN AFRICA & DISCUSSION 14
15 TOTAL DOWNSTREAM IN AFRICA: DIFFERENTIATION THROUGH LEADERSHIP ON THE CONTINENT
16 TOTAL INVOLVED IN AFRICAN REFINING 16
17 EVOLUTION OF THE AFRICAN REFINING INDUSTRY New capacities Landlock countries: continue to develop taylor made sites Niger, Tchad, soon Uganda: based on local oil ressources easing petroleum products supply Oil producing countries: potential for a few worldclass sites (Nigeria) Old sites Sustainability requires political support Wood Mackenzie 2014 study: a lot of unseen benefits: broader industrial development, tankers CO2 emissions, direct & induced employment Products quality changes: how to face huge investments? Sulfur: investment around 300 M$ for the gasoil of a 3 Mt/y refinery and LS products are available at almost no cost Octane: very expensive to adapt. Need for Isomerization, Alkylation units Benzen: very expensive to adapt. Need to remove it, to destroy it (hydrogenation or export to petchem site) and to replace its very important octane impact
18 TOTAL MARKETING & SERVICES IN AFRICA OUR VISION
19 THANK YOU 19
Recent Developments in EU Refining and in the Supply and Trade of Petroleum Products
Recent Developments in EU Refining and in the Supply and Trade of Petroleum Products Third Meeting of the EU Refining Forum Brussels, 22 May 2014 Toril Bosoni, International Energy Agency OECD/IEA 2014
More informationPetroplus. Overview & Outlook: Independent Refining February 17, 2009
Petroplus Overview & Outlook: Independent Refining February 17, 29 Disclaimer While all reasonable care has been taken to ensure that the facts stated herein are accurate and that the opinions contained
More informationPRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS
PRESENTATION TO FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS Nathalie BRUNELLE Senior VP Strategy, Development, Research Refining & Chemicals January 22, 214 Riyadh, Saudi Arabia janv.-7 juin-7 nov.-7
More informationThe Changing Face of Global Refining
The Changing Face of Global Refining OPIS National Supply Summit Las Vegas, Nevada October 24-26, 2010 John B. O Brien, Executive Chairman Baker & O Brien, Inc. All rights reserved. The Changing Face of
More informationIEA Refinery Outlook European Recovery in Sight?
IEA Refinery Outlook European Recovery in Sight? Platts 6 th Annual European Refining Markets Conference Brussels, 24-25 September 2012 Toril Bosoni, International Energy Agency Subdued Global Oil Demand
More informationPetroplus. UBS European Mid-Cap Oil Conference London March 26, 2009
Petroplus UBS European Mid-Cap Oil Conference London March 26, 29 Disclaimer While all reasonable care has been taken to ensure that the facts stated herein are accurate and that the opinions contained
More informationGlobal Downstream Petroleum Outlook
Global Downstream Petroleum Outlook Claude Mandil Executive Director International Energy Agency 3 rd OPEC International Seminar Vienna, 12 September 26 Spare Refinery Capacity Has Tightened 9 1% 85 95%
More informationRecent Developments in EU Refining and in the Supply and Trade of Petroleum Products
Recent Developments in EU Refining and in the Supply and Trade of Petroleum Products Second Meeting of the EU Refining Forum Brussels, 27 November 2013 Toril Bosoni, International Energy Agency OECD/IEA
More informationNew York Energy Forum
Presentation at the New York Energy Forum 30 June 2014 Antoine Halff The oil market at a junction Balances loosen up on paper but must be seen in perspective The unconventional supply revolution enters
More informationThe Global Downstream Market
The Global Downstream Market ANIMP Add. 2 1 The global picture The market is a challenging one for many refiners, but the picture is varied, region by region Significant capacity expansion is expected
More informationEuropean Energy Union Impact on the Refining & Petrochemical Business. John Cooper, Director General Budapest, 13th October 2015
European Energy Union Impact on the Refining & Petrochemical Business John Cooper, Director General Budapest, 13th October 2015 FuelsEurope represents 42 Member Companies 100% of EU Refining Page 2 AGENDA
More informationWorld Oil Outlook A Perspective from OPEC
World Oil Outlook A Perspective from OPEC Dr. Fuad Siala OPEC Secretariat Transport, Energy & Fuels Working Together for a Sustainable Future Brussels, Belgium May 8-1, 27 Energy demand by fuel type 18
More informationDownstream & Chemicals
Downstream & Chemicals Mark Nelson Executive Vice President Downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale and technology
More informationImplications for Security of Supply. Clingendael International Energy Programme The Hague 4 April Toril Bosoni, International Energy Agency
IEA Refinery Rationalisation Implications for Security of Supply Clingendael International Energy Programme The Hague 4 April 20122 Toril Bosoni, International Energy Agency Background Since the economic
More informationGlobal Refining : Delivering Long-Term Value
Taking on the world s toughest energy challenges. Global Refining : Delivering Long-Term Value J. Steve Simon Sr. Vice President, Exxon Mobil Corporation Goldman Sachs Global Energy Conference January
More informationJapan s refining environment
Japan s refining environment Platts Asian Refining Summit 3 March 2016, Singapore Yoshi Kobayashi The Institute of Energy Economics, Japan (IEEJ) Oil in Japan 2 Oil is the largest energy source for Japan
More informationEuropean Oil Product Storage
European Oil Product Storage Rotterdam StocExpo Chris Barry Principal Downstream Consulting March 2017 Over the last 40 years, Wood Mackenzie has evolved naturally along the energy value chain to capture
More informationGlobal Overview of Middle Distillates Supply and Demand ICE Market Forum Rotterdam, November 2012
Global Overview of Middle Distillates Supply and Demand ICE Market Forum Rotterdam, November 2012 About Petromatrix Based in Switzerland (city of Zug) Publishes a daily newsletter on oil markets Mix of
More informationCrude Export and the New Dynamics
27 April 2016 Crude Export and the New Dynamics Mel Larson, Principal Consultant SUPERIOR RESULTS. SUSTAINED. Topics of Interest Crude Export Impact The Great Divide Export to everywhere The US Advantage
More informationREFINING MOMENT EUROPE S. insight DECEMBER 2013
STUART ELLIOTT Senior Managing Editor, Europe & Africa Oil News EUROPE S REFINING MOMENT After enjoying strong margins in the early part of the century, Europe s refining sector has wilted in the face
More informationCONTENTS 1 INTRODUCTION SUMMARY 2-1 TECHNICAL ASPECTS 2-1 ECONOMIC ASPECTS 2-2
CONTENTS GLOSSARY xxiii 1 INTRODUCTION 1-1 2 SUMMARY 2-1 TECHNICAL ASPECTS 2-1 ECONOMIC ASPECTS 2-2 3 INDUSTRY STATUS 3-1 TRENDS IN TRANSPORTATION FUEL DEMAND 3-3 TRENDS IN ENVIRONMENTAL REGULATION 3-3
More informationOCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By:
THE NEW ECONOMICS OF OCTANE What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 A Report By: T. J. HIGGINS Contents Foreword... 1 1. Executive Summary... 2 2. Tracking the Changing
More informationDownstream & Chemicals
Downstream & Chemicals Pierre Breber Executive Vice President 017 Chevron Corporation Downstream portfolio Fuels refining & marketing Integrated value chains Lubricants & additives Globally positioned
More informationAbstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999)
Abstract Process Economics Program Report 222 PETROLEUM INDUSTRY OUTLOOK (July 1999) Global energy demand is rising, with fossil fuels oil, natural gas, and coal continuing to provide more than 90% of
More informationFocus on Refinery Product Flows
December 14, 2016 Focus on Refinery Product Flows Stratas Advisors Gasoline Imports in 2014 CIS and the Middle East are the largest gasoline exporters to Asia. While China and India do not import gasoline
More informationMarket Report Series: Oil 2018 Analysis & Forecasts to Energy Community 10 th Oil Forum, Belgrade, 25 September 2018
Market Report Series: Oil 218 Analysis & Forecasts to 223 Energy Community 1 th Oil Forum, Belgrade, 25 September 218 Short term update: crude prices (excl. WTI) up strongly Aug/Sep $/bbl 8 Benchmark Crude
More informationEvolving Global Oil Trade Flows. IEA-IEF-OPEC Joint Meeting Vienna, March 2018
Evolving Global Oil Trade Flows IEA-IEF-OPEC Joint Meeting Vienna, March 2018 SHIFTING FLOWS: WHAT HAS THIS MEANT IN PRACTICE? US/Europe crude imports & exports Saudi crude to Poland Chinese teapots importing
More informationBusiness Opportunities downstream. Hellenic Petroleum s perspective
Business Opportunities downstream Hellenic Petroleum s perspective 9 th SE Europe Energy Dialogue Thessaloniki, Greece 29-30 June 2016 Daniil Antonopoulos Thessaloniki Refinery Operations Manager Hellenic
More informationRefinery / Petrochemical. Integration. Gildas Rolland
Refinery / Petrochemical Integration Gildas Rolland 1 Global Middle Eastern Market 2 nd ~30% 10ppm Growing market for global Refined Product Demand +1.6% AAGR 2014-2035 of worldwide refining capacity expansion
More informationAbstract Process Economics Program Report No. 158A OCTANE IMPROVERS FOR GASOLINE (February 1992)
Abstract Process Economics Program Report No. 158A OCTANE IMPROVERS FOR GASOLINE (February 1992) Lead phaseout in the United States has brought about a strong interest in oxygenated octane improvers for
More informationEmerging Trends in Petroleum Markets
Emerging Trends in Petroleum Markets For Defense Logistics Agency, Worldwide Energy Conference Washington, D.C. By T. Mason Hamilton, Petroleum Markets Analyst U.S. Energy Information Administration Independent
More informationMethodology. Supply. Demand
Methodology Supply Demand Tipping the Scale 1 Overview Latin America and the Caribbean, a major petroleum product importing region, provides an important counterbalance to surpluses in refined product
More informationImplications Across the Supply Chain. Prepared for Sustainableshipping Conference San Francisco 30 September 2009
Implications Across the Supply Chain Prepared for Sustainableshipping Conference San Francisco 30 September 2009 Agenda Residual Markets & Quality Refinery Bunker Production Supply & Pricing 2 World marine
More informationTurmoil in Refining The Shakeout Continues
Turmoil in Refining The Shakeout Continues OPIS National Supply Summit Las Vegas, Nevada October 22 24, 2012 John B. O Brien Executive Chairman Baker & O Brien, Inc. All rights reserved. Conclusions from
More informationASPHALT SUPPLY IN A VOLATILE OIL WORLD
ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Baxter Burns Ergon CRUDE OIL SUPPLY A WORLD LOOK Crude Oil Supply (2006) World Crude Oil Production Millions of Barrels Per Day FSU/E.
More informationDOWNSTREAM PETROLEUM 2017 DOWNSTREAM PETROLEUM
DOWNSTREAM PETROLEUM International and Asian Refining The global refining industry is fundamentally changing as emerging and maturing trends re-shape the global supply and demand patterns for crude oil
More informationRefining Outlook: elements for a modern industrial culture in Italy
Refining Outlook: elements for a modern industrial culture in Italy Stefano Donzelli Foster Wheeler 24/10/12 Le strategie di mercato e di procurement per la filiera dell impiantistica italiana 1 Foreword
More informationA summary of national and global energy indicators. FEDERAL RESERVE BANK of KANSAS CITY
THE U.S. Energy DATABOOK A summary of national and global energy indicators JULY 1, 17 FEDERAL RESERVE BANK of KANSAS CITY SUMMARY OF CURRENT ENERGY CONDITIONS The number of total active drilling rigs
More informationProduct Tanker Market Outlook IMSF Geneva - May 2017
Product Tanker ket Outlook IMSF Geneva - 217 Global Presence 16 staff in strategic locations LONDON HOUSTON BEIJING SEOUL HONG KONG SINGAPORE Product Tanker ket Outlook 217 2 Where are we now? Product
More informationFuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8
Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 20, Volume 8 October 18, 2013 Copies of this publication may be obtained free of charge from: Natural Resources
More informationPerforming In A Volatile Oil Market
Performing In A Volatile Oil Market Matti Lehmus Executive Vice President, Oil Products Capital Markets Day Key Trends Impacting Refining Margins Demand growth to resume after steep drop Supply growth
More informationChallenges and Opportunities
AFRICAN REFINERS ASSOCIATION Challenges and Opportunities ANNUAL GENERAL MEETING PRESIDENT S OVERVIEW CAPE TOWN MARCH 11 TH 2008 2007-08 Achievements 2007-08 achievements EXECUTIVE COMMITTEE MEETINGS Casablanca
More informationDownstream & Chemicals
Downstream & Chemicals Pierre Breber Executive Vice President Profitable downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale
More informationThe Changing composition of bunker fuels: Implications for refiners, traders, and shipping
Platts 4 th European Refining Markets Conference The Changing composition of bunker fuels: Implications for refiners, traders, and shipping Wade DeClaris, EVP Marine World Fuel Services Corp. Agenda: Role
More informationGrowing Latin America: Feedstocks and Competitiveness
MIDSTREAM DOWNSTREAM CHEMICAL Presentation Growing Latin America: Feedstocks and Competitiveness November 216 ihsmarkit.com Dr. Nick Rados, Global Business Director, Feedstocks +1 832 619 8593, nick.rados@ihsmarkit.com
More informationGlobal Motorcycle Market Research Report 2018
Report Information More information from: https://www.wiseguyreports.com/reports/3271957-global-motorcycle-market-research-report-2018 Global Motorcycle Market Research Report 2018 Report / Search Code:
More informationASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company
ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Issues to be Discussed Crude Oil Supply Crude Oil Pricing Refining Capacity Products Supply Products Pricing Future of the Industry
More informationDownstream & Chemicals
Downstream & Chemicals Mike Wirth Executive Vice President Strategy Focused on Competitive Returns Deliver competitive returns and grow earnings across value chain Improving Operational Excellence Growing
More informationVTTI. Storage Markets : Our Perspective. StocExpo Europe March Onur Capan: Market Intelligence
VTTI Storage Markets : Our Perspective Onur Capan: Market Intelligence StocExpo Europe March 2017 VTTI track record at its 10 th anniversary VTTI has grown in 10 years to be one of the largest global independent
More informationVTTI placing Cyprus on the Oil Trading Map 19 June 2018
VTTI placing Cyprus on the Oil Trading Map 19 June 2018 VTTI offers oil storage solutions in strategic locations, in a way that is fast, flexible, safe and environmentally sound. We are importantly driven
More information15 th Grace EMEA FCC Technology Conference
15 th Grace EMEA FCC Technology Conference Agenda Grace Company Overview Comments on the Future FCC Catalyst Market Supply/Demand Grace s Investments 2 Grace: #1 or #2 in markets for over 70% of 2014 sales
More informationExecutive Panel Discussion
Theme: Executive Panel Discussion, Thursday Dec 14, 2017 Executive Panel Discussion Moderator: Dave Witte - IHS Markit Panelists: Walter Pinto - Lyondellbasell Tony Jones - Valero Ron Corn - CPChem Mike
More informationSAUDI ARAMCO AND TOTAL AWARD EPC CONTRACTS FOR JUBAIL. DHAHRAN, SAUDI ARABIA AND PARIS, FRANCE (June 18, 2009) Saudi
SAUDI ARAMCO AND TOTAL AWARD EPC CONTRACTS FOR JUBAIL EXPORT REFINERY DHAHRAN, SAUDI ARABIA AND PARIS, FRANCE (June 18, 2009) Saudi Aramco Total Refining and Petrochemical Company (SATORP) finalized the
More informationASPHALT SUPPLY IN A VOLATILE OIL WORLD. Bill Haverland ConocoPhillips Company
ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Issues to be Discussed Crude Oil Supply Crude Oil Pricing Refining Capacity Products Supply Products Pricing Future of the Industry
More informationDownstream Petroleum Sector The Growing Prominence of Asian Refining
Downstream Petroleum Sector The Growing Prominence of Asian Refining Mr. Fahad Al-Dihani Deputy CEO,MAA Refinery, Kuwait National Petroleum Company-Kuwait Outline.. Global refining trends Kuwait s Position
More informationA perspective on the refining industry. Platts European Refining Summit Brussels, 29 September2016 Kristine Petrosyan, International Energy Agency
A perspective on the refining industry Platts European Refining Summit Brussels, 29 September2016 Kristine Petrosyan, International Energy Agency OECD/IEA 2016 mb/d European refiners: busy 2015 OECD Europe
More informationThe Outlook for Energy: A View to 2040
The Outlook for Energy: A View to 24 Todd Onderdonk June 213 This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply)
More informationINTERTANKO Istanbul Tanker Event. Demand Developments. David Martin Oil Industry & Markets Division OECD/IEA
INTERTANKO Istanbul Tanker Event Demand Developments David Martin Industry & s Division david.martin@iea.org - Istanbul, April 20-23, 2008 Medium-Term Outlook What is driving oil prices? Fundamentals or
More informationMarket Report Series Oil 2018 Analysis and Forecasts to Columbia University Centre on Global Energy Policy, New York, May 22 nd 2018
Market Report Series Oil 218 Analysis and Forecasts to 223 Columbia University Centre on Global Energy Policy, New York, May 22 nd 218 Robust global oil demand growth to 223 1.8 1.6 1.4 1.2 1..8.6.4.2.
More informationRefinery Update. John C. Felmy Chief Economist American Petroleum Institute October 2006
Refinery Update John C. Felmy Chief Economist American Petroleum Institute Felmyj@api.org www.api.org October 2006 1 2 Diesel, gasoline & crude oil prices $3.87 $3.22 10/16/2006 Diesel (EIA) $2.50 Retail
More informationSS GEN-02 Business Focus with Simulation
Slide 1 SS GEN-02 Business Focus with Simulation Dr. Martin A. Turk social.invensys.com @InvensysOpsMgmt / #SoftwareRevolution /InvensysVideos /InvensysOpsMgmt 2013 Invensys. All Rights Reserved. The names,
More informationOutlook for Marine Bunkers and Fuel Oil to A key to understanding the future of marine bunkers and fuel oil markets
Outlook for Marine Bunkers and Fuel Oil to 2035 A key to understanding the future of marine bunkers and fuel oil markets 01 FGE & MECL 2014 Study completed by FGE and MECL FGE London FGE House 133 Aldersgate
More informationMERTC 23 rd 24 th January, 2017 Manama, Kingdom of Bahrain
Future Challenges and Needs of the Refining Industry MERTC 23 rd 24 th January, 2017 Manama, Kingdom of Bahrain Dr. Dawood Nassif Board Director, BAPCO D. Nassif MRTC, January, 2017 Refiner s Challenges
More informationUS Shale Oil Development and Impact on Aromatics Supplies
US Shale Oil Development and Impact on Aromatics Supplies Chuck Venezia Vice President, Petrochemicals Argus DeWitt September 23, 2014 The Shale revolution in the US has changed global market dynamics
More informationThe Case for Mexico to Improve Vehicle Fuel Efficiency
The Case for Mexico to Improve Vehicle Fuel Efficiency Feng An Energy and Transportation Technologies LLC Katherine Blumberg International Council on Clean Transportation Workshop on Sustainable Transport
More informationEuropean Union follow-up A view from the industry
5th EU Refining Forum, Brussels June 15, 2015 European Union follow-up A view from the industry Gianni Murano, ExxonMobil CEO of Esso Italiana, former refinery manager of Trecate refinery This presentation
More informationGlobal Coal and Coke Flows, 2008
Global Coal and Coke Flows, 2008 Phil Fisher Pet Coke Consulting Argus Petroleum Coke Summit September 17-18, 2009 Houston, TX Global Coal and Coke Flows What we will see: 1 How much steam coal is produced/
More informationIssues to be Discussed ASPHALT SUPPLY IN A VOLATILE OIL WORLD. Crude Oil Supply (2006) CRUDE OIL SUPPLY. Crude Oil Demand CRUDE OIL PRICING
6 SEAUPG CONFERENCE - WILMINGN, NORTH CAROLINA Issues to be Discussed ASPHALT SUPPLY IN A VOLATILE OIL WORLD Bill Haverland ConocoPhillips Company Crude Oil Supply Crude Oil Pricing Refining Capacity Products
More informationANNUAL STATISTICAL SUPPLEMENT
ANNUAL STATISTICAL SUPPLEMENT with 2016 data 2017 Edition This Statistical Supplement has been prepared to provide a longer historical perspective for the oil demand, supply, trade, stocks, prices and
More informationPrecios del Petróleo, la OPEP y los Mercados
Precios del Petróleo, la OPEP y los Mercados Javier Díaz Manager, Energy Analysis & Consulting S&P Global Platts August 23, 2017 X Feria y Congreso International BOLIVIA GAS & ENERGIA 2017 Key Themes in
More informationGlobal Competition & the Role for Europe s Refineries & Fuels. John Cooper, Director General
Global Competition & the Role for Europe s Refineries & Fuels John Cooper, Director General Warszawa, 31 March 2016 John Cooper, FuelsEurope: Global Competition & the Role for Europe s Refineries & Fuels
More informationResidual Fuel Market Issues
Residual Fuel Market Issues 26 February 2009 Kurt Barrow Crude Oil Quality Group Meeting Long Beach, CA Agenda Trends In Residue Demand IMO Bunker Regulations Implications for Shipping and Refining Industry
More informationTHE CHANGING WORLD OF RAW MATERIALS: IMPACT OF ADHESIVES AND COATINGS. Ingrid Brase
THE CHANGING WORLD OF RAW MATERIALS: IMPACT OF ADHESIVES AND COATINGS Ingrid Brase Presentation Outline Supply chain overview Factors impacting feedstock supply Crude oil Natural gas Supply chain Raw material
More informationThe Outlook for Energy:
The Outlook for Energy: A View to 2040 Paul L. Tanaka November 9, 2015 This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and
More informationChina s big four state refineries receive increased product export quotas
China s big four state refineries receive increased product export quotas As fuel demand growth has taken a step back in China, the increased refinery output has squeezed margins and created an overhang
More informationRecent Developments in EU Refining and Product Supply. EU Refining Forum, 12 April 2013
Recent Developments in EU Refining and Product Supply EU Refining Forum, 12 April 2013 OECD/IEA 2012 EU refinery closures to date mb/d Refinery Closure 500 400 300 200 100 0 2 008 2009 2010 2011 2012 2013
More informationECA changes and its impact on distillate demand
ECA changes and its impact on distillate demand Platts 4th Annual Middle Distillates Conference 30th January 2014 Hugh Tucker Technical Director UK Petroleum Industry Association Trade Association for
More informationRegional Energy Trade and Refining Industry in Northeast Asia
15 th Northeast Asia Economic Forum 5-7 September 2006, Khabarovsk Russia Regional Energy Trade and Refining Industry in Northeast Asia Kensuke Kanekiyo Managing Director The Institute of Energy Economics,
More informationChristine Shearer & Ted Nace, CoalSwarm
Christine Shearer & Ted Nace, CoalSwarm Global Coal Plant Tracker First public map and database of proposed coal plants: EndCoal.org Wiki pages on CoalSwarm.org for each proposed plant Multi-national effort
More informationB A K E R & O B R I E N
B A K E R & O B R I E N I N C O R P O R A T E D Q3 : U. S. Refining Margins Remain Robust Special Topic: Domestic Light Oil Processing in the U.S. Gulf Coast Have We Hit the Limit? Houston, October 30,
More informationERGMed Coastal. Refining
ERGMed Coastal Refining 11 Refining Industry Trend: Capacity World total oil products demand and crude runs increasing, faster than refining capacity. World Source: International Energy Agency (IEA), Oil
More informationANNUAL STATISTICAL SUPPLEMENT
ANNUAL STATISTICAL SUPPLEMENT with 2008 data 2009 Edition This Statistical Supplement has been prepared to provide a longer historical perspective for the oil demand, supply, trade, stocks, prices and
More informationFirst in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO
First in Mind First in Choice Capital Markets Day 26 Gunnar Brock, President and CEO 1 December 4, 26 www.atlascopco.com Atlas Copco in a Snapshot Continuing operations A world leading provider of industrial
More informationOil Refining in a CO 2 Constrained World Implications for Gasoline & Diesel Fuels
Oil Refining in a CO 2 Constrained World Implications for Gasoline & Diesel Fuels Amir F.N. Abdul-Manan & Hassan Babiker Strategic Transport Analysis Team (STAT), Saudi Aramco Agenda 1. Global Mobility
More informationGlobal Biofuels Market & Policy Developments
Global Biofuels Market & Policy Developments Liisa Kiuru Executive Director, International Fuel Quality Center lkiuru@ifqc.org Presented to Missao Tecnica Internacional de Logistica: Petroleo Presentation
More informationOPPORTUNITY CRUDES: TO PROCESS OR NOT TO PROCESS?
OPPORTUNITY CRUDES: TO PROCESS OR NOT TO PROCESS? Claire Weber Serena Yeung 1 Oct. 27, 2011 COQA Meeting Doubletree by Hilton Hotel Tulsa, Oklahoma HYDROCARBON PUBLISHING COMPANY Translating Knowledge
More informationStrategic Factors Impacting The California Crude Oil Market. About Purvin & Gertz, Inc. California Independent Petroleum Association
Strategic Factors Impacting The California Crude Oil Market Hyatt Regency Huntington Beach Mike Sarna Eric Wei Long Beach Office 1 About Purvin & Gertz, Inc. Privately-Owned, Independent International
More informationSaudi Aramco Refining Sector In a Changing Environment
Saudi Aramco Refining Sector In a Changing Environment The 36 th JCCP International Symposium Progress of the Petroleum Industry Reforms : Challenges and the Future Thursday, January 25, 2018 Outline Saudi
More informationOVERVIEW OF THE ASIAN FUEL MARKET
OVERVIEW OF THE ASIAN FUEL MARKET THE EUROPEAN FUELS CONFERENCE 9 March 2011 Sunanda Banerjee European Fuel Oxygenates Association - www.efoa.eu Mission and Vision Working closely with fuel policymakers,
More informationBunkers - pricing outlook
Bunkers - pricing outlook Robin Meech Marine and Energy Consulting Limited London Rmeech@RobinMeech.com 1 Marine and Energy Consulting Limited (MECL) was established 12 years ago Consulting Services Ship
More informationNatural gas. 26 Reserves 28 Production and consumption 33 Prices 34 Trade movements. 67 th edition
Natural gas 26 Reserves 28 Production and consumption 33 Prices 34 Trade movements 67 th edition Natural gas Total proved reserves At end 1997 At end 2007 At end 2016 At end Trillion Trillion Trillion
More informationOPEC PRIMARY ENERGY CONSUMPTION IN 2005 (1)
CHAPTER 4 I n 1384, political tensions in the Middle East and some oil-producing countries, sabotage in Iraq s oil industry and speculation in the market raised oil prices incrementally. As of the beginning
More informationRefining Industry to Asia-Pacific, Middle East and Africa to Emerge as Key Regions for Infrastructure Investments for Capacity Additions
Refining Industry to 2017 Asia-Pacific, Middle East and Africa to Emerge as Key Regions for Infrastructure Investments for Capacity Additions GBI Research Report Guidance GBI Research Report Guidance Chapter
More informationRegional Refining Outlook
Regional Refining Outlook Implications for Crude Demand Platts Crude Summit 15 May 213 David Wech JBC Energy GmbH 13 th May 213 Research - Energy Studies - Consulting - Training Disclaimer All statements
More informationPERSPECTIVES FOR THE BRAZILIAN REFINING INDUSTRY
PERSPECTIVES FOR THE BRAZILIAN REFINING INDUSTRY Jorge Celestino Refining & Natural Gas Executive Director 24.10.2016 Transformations facing the oil industry Changes in the competitive scenario: shale
More informationInformation Technology and Economic Development: An Introduction to the Research Issues
November 1998 Working Papers No. 153 Information Technology and Economic Development: An Introduction to the Research Issues TABLE 1 WORLD-WIDE INFORMATION TECHNOLOGY MARKET BREAKDOWN, 1995
More informationLow Sulphur Marine Fuel: Supply and refining challenges
Low Sulphur Marine Fuel: Supply and refining challenges Alan Reid Science Executive, Refinery Technology, CONCAWE 5 th Chemical & Product Tanker Conference London, 13 th March 2013 Outline What is CONCAWE?
More informationWorld crude oil exports by country, thousand barrels daily
World crude oil exports by country, 2002 thousand barrels daily Saudi Arabia 5 285 Former USSR 3 940 Norway 3 113 Iran 2 094 Nigeria 1 798 United Kingdom 1 746 Mexico 1 715 United Arab Emirates 1 614 Venezuela
More informationOperating Expenses and Margin Analysis of the European Union (EU) Refineries vs Regional Peers
Operating Expenses and Margin Analysis of the European Union (EU) Refineries vs Regional Peers Tracy Ellerington Third Meeting of the EU Refining Forum 22 May 214 Solomon Benchmarking Global Standard We
More informationMacroeconomic Assumptions
Macroeconomic Assumptions A major factor affecting the global economy this year continues to be weakness in Chinese financial markets and the resulting fallout affecting trading partners dependent on the
More information