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Refinery & Petrochemical Processing
Refinery News
U.S. oil refining capacity down in 2021 for second year
Capacity for U.S. oil refiners fell in 2021 for the second year in a row, the most recent government data showed, as plant shutdowns kept whittling away on their ability to produce gasoline and diesel. Read more
The U.S. accounted for the highest capacity in the refining industry in 2021
The US, China, Russia, India, and South Korea are the major countries that accounted for more than 47% of the total refining capacity of the world in 2021. Read more
Mexico president says new Pemex refinery will reach full capacity in 2023
Mexican President Andres Manuel Lopez Obrador said that a new refinery owned by state-run Petroleos Mexicanos will reach full operating capacity by next year, despite industry experts saying it will take until at least 2024. Read more
