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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

JULY 21, 2022

In the United States, refining capacity has decreased by about 1.1 Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan. The most global refining capacity under development is in China.

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Global China Kuwait Oman 448
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

AUGUST 25, 2015

In both the United States and Russia, each of which produces roughly as much as Saudi Arabia, output increased in 2015 rather than decreasing, and will continue to increase in 2016 in the U.S. As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. percent in 2016.

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Saudi Arabia Russia Oil 2015 150
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