European refinery closures
WebOct 19, 2024 · LONDON/NEW YORK (Reuters) - European and U.S. oil refineries face a wave of closures due to plateauing fuel demand, tightening environmental rules and … WebMar 24, 2024 · According to the IEA, global refinery closers outpaced capacity additions in 2024 for the first time in 30 years. So who's left to meet record oil product demand? …
European refinery closures
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WebJan 25, 2024 · The closure of the Wakayama refinery, with a 127,500 barrels-per-day (bpd) crude distillation unit, will follow the planned shutdown of the company's 120,000 bpd … WebNov 17, 2024 · A closure of part of Petroineos’ Grangemouth refining capacity would be unlikely to move the needle on European oversupply, according to Connolly. “The effect …
WebDec 21, 2024 · More European refinery closures and conversions are on the cards for 2024 after dominating the sector in 2024 when the COVID-19 pandemic led to plunging … WebNov 17, 2024 · A closure of part of Petroineos’ Grangemouth refining capacity would be unlikely to move the needle on European oversupply, according to Connolly. “The effect on Europe is limited, with ample global supply currently and predicted reduced transportation fuels demand in Europe in the medium to longer term,” he said.
Web48 minutes ago · War is a dirty business. The war profiteers descend on these battlefields like vultures. There are no exceptions. Ask Bosnians. Ask Iraqis. Ask Syrians. Take your … WebOct 6, 2024 · According to union sources, cited in local media reports, operations have been scaled down, with 30% halted already and more could follow. Meanwhile, repair works at Romania's Petromidia refinery, which halted operations July 2 following a fire at a diesel hydrotreating unit, or HPM, are nearing completion, the company said Sep. 28.
WebEuropean refinery closures Total number of refineries 2009-2024 Hide/show. Germany
WebApr 14, 2024 · – The bio-refinery market was valued at US$ 122.0 Bn in 2024 and is estimated to expand at a CAGR of 9.1% Wilmington, Delaware, United States, , April 14, 2024 (GLOBE NEWSWIRE) -- Transparency ... poway driving lessonsWebJun 12, 2024 · In the insight, we analyse how the margin environment has changed, future risks and any upside for European refining. We also briefly look at other refineries in the Atlantic basin, which may also be at risk of closure. We then analyse in detail refineries in seven regions in Europe and discuss which assets are most at risk of closure. towable used carsWebNov 8, 2024 · Austria-based OMV reported utilization of 86% at its European refineries in the first nine months of the year, down from 87% last year. Its refineries in Europe ran at … poway driving school behind wheelWeb2 days ago · Shark Tank’s Kevin O’Leary says he wants to build a $14 billion oil refinery and predicts the U.S. won’t stop using hydrocarbons for 50 years. Kevin O’Leary said he wanted to invest in U.S ... towable underwater metal detectorWebJan 8, 2024 · Pandemic hastens threat of closure for struggling oil refineries. 1/8/2024. The collapse in oil demand from the COVID-19 pandemic is hastening the reckoning for those refiners already struggling as new capacity overtakes demand, posing an existential threat to many, particularly Europe’s ageing plants. Even before the pandemic struck, … towable uhaulWebDec 9, 2024 · Refinery closures need to be minimized to avoid the social impact these have on communities. Such a concerning outlook proved once again that the future refiner must be as flexible as possible and ... towable utility wagonWebJun 11, 2024 · New capacity coming onstream in 2024-22 is expected to amount to 3.8 million b/d, against announced refinery closures or conversions amounting to 2.3 million b/d, the IEA said. China is leading the net additions, followed by the Middle East and Africa, whereas in the rest of the world capacity is declining, particularly in Europe, the US and ... poway driving school for teen