REFINERY EXPANSION & UPGRADING INTERACTIVE TECHNOLOGY FORUM 28TH & 29TH NOVEMBER,2007

摘要

Surpassing the upcoming challenges and responding swiftly to a highly volatile and susceptible market arena is actually the growing global concern for the refineries in the present time.The refineries have been on the profitable end due to the global shortage in refining capacities,thereby building on their net earnings.It is currently pulling in a profit of 30 for every barrel of oil that they use to produce gasoline(before taxes and other expenses).This is the highest profit seen since back in 2005 when Hurricane Katrina reeked havoc on the market.With refineries piling on their profits,the question arises,how much of it will be re invested in building new refineries to keep pace with the growing demand?..