OPEC refining capacity to expand 2 mb/d by 2015

OPEC estimates show that OPEC refining capacity will expand by more than 2 mb/d by 2015. This includes around 1.5 mb/d of additional distillation capacity and another 0.6 mb/d capacity in condensate...

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Libya: $10bn to Upgrade and Expand Refining & Petrochemicals

The Government of Libya has allocated $10bn for a program to upgrade and expand oil refining and petrochemical units. The National Oil Company of Libya has entered into a joint Venture with major...

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Ernst & young downstream outlook

According to Ernst & Young oil and gas outlook, the downstream sector remains under pressure. Refiners are likely to continue to be squeezed by upward crude price pressures and very limited...

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