An integrated refinery, where refining and petrochemical units are interconnected, is an approach designed to make refinery operations more sustainable. The conventional model, where refiners generate revenue primarily by processing crude oil to produce transportation fuels, is increasingly under threat from falling fuels demand, particularly in Europe.
The nature and severity of COVID-19 has raised prospects of permanent alteration in the way people go about their daily routines. Global fuels demand may find it difficult to reach to pre-pandemic levels, putting standalone refiners at risk of closure. However, petrochemicals demand is anticipated to remain steady once the global economy recovers from the downturn. This puts integrated refinery model in a better position for long term sustainability.
An overview of integrated refineries as a theme within the downstream oil and gas industry.
Highlights the prevalent sectoral, technology, and macroeconomic trends impacting the integrated refineries theme
Evaluates the refining industry and tracks the key integrated refinery developments across different regions.
A brief overview of the integrated refineries value chain in the context of the oil and gas industry
Assessment of competitive positions of the major players in the integrated refineries theme
Reasons to buy
Understand the importance of integrating refining units with petrochemicals plants to mitigate the potential downside from evolving industry dynamics
Know about the sectoral, technology, and macroeconomic trends influencing the integrated refineries theme
Obtain insights on the industry outlook and competitive landscape for integrated refineries
Identify and benchmark key refinery operators and service providers in the integrated refineries theme
Table of Contents
Oil and gas trends 4
Technology trends 5
Macroeconomic trends 6
INDUSTRY ANALYSIS 8
A shift from motor fuels to petrochemicals 8
Why integration of refining and petrochemical units makes sense 11
Global outlook for integrated refineries 11
Competitive landscape of integrated refinery operators 13
Impact on COVID-19 pandemic on key upcoming integrated refineries 14
Prospect of peak oil demand: A boon for integrated refining? 15
VALUE CHAIN 16
Downstream companies 17
Technology & equipment providers 17
EPC contractors 18
Service providers 19
Refinery operators 20
Technology providers 21
APPENDIX 4: OUR “THEMATIC” RESEARCH METHODOLOGY 23