Expert Blog on Upstream and Downstream Oil &Gas Industry
The downstream refining business has off late become very complex owing to the new challenges that refiners face in terms of the quality of feedstock available, growing need to produce clean fuels, demand and price volatility, process integration &inter-convertibility and hydrogen management. Refiners need to be more agile and be able to quickly adapt to innovative trends in process technology to stay competitive in the market.
Published in Downstream
Starting mid-2014, refiners world-wide have seen a constant dip in crude oil prices owing to Saudi Arabia’s consistent efforts to knock out the stable US Shale oil production, lackluster demand growth from weakened economies in China, Japan and Europe and the much awaited interest rate hike by the US federal reserve bank. So, what should be the top strategies of refiners who are net importers of crude oil to squeeze the best out of the currentmarket conditions?
Published in Downstream

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