Top 20 biggest oil refineries in the world. Located in Baton Rouge, Louisiana, it is owned by Exxon Mobil Corporation (NYSE:XOM) and has a refining capacity of 513,000 barrels per day as of 2022. The refining industry plays a crucial role in meeting the world's growing demand for various petroleum products. Exxon Singapore Refinery – 592,000 BPD – Singapore. The United States had the world’s largest oil refinery capacity as of 2022, at nearly 18. Here is the list of top 12 largest oil refineries in India by capacity. 24 million barrels of crude oil per day. (PCCYF) Revenue (TTM): $486. Cite Share. e. Jamnagar Refinery, India; capacity: 1,240,000 barrels per day. This is a list of countries by oil production (i. Feb 22, 2019 · The Asian giant has the second biggest oil refining capacity in the world at 14,513 thousand barrels per day in 2017. Together with the refineries of Total/Lukoil in Vlissingen, Shell in Godorf, BP/Rosneft in Gelsenkirchen and Total and ExxonMobil in Antwerp, the port of Rotterdam makes up one of the three largest fuel hubs in the world. Reliance Petroleum Ltd. Refined products are distributed to three main channels: The UK inland market; Ireland, where it is the single largest supply source; East coast USA (petrol) Jan 25, 2024 · Largest Rosneft oil refinery on the Black Sea, Putin's crony Sechin's pride and joy, is ablaze in Tuapse after a reported drone attack. Other Notable Largest Oil Refining Companies in the List. Jan 1, 2011 · Update: As of late 2012, the top 5 largest refiners/refining companies in the United States have been Valero/12 refineries with 2,096,500 b/cd of crude capacity, Phillips 66, ExxonMobil, BP and Marathon---please see Warren R. The United States is the biggest refiner in the world followed by China, Russia, Japan and India. 3. Jun 6, 2023 · Listed below are the ten active largest oil refineries by CDU capacity in Middle East in 2022, according to GlobalData’s Refinery Database. 5 million tonnes per year, with the refinery boasting one of the largest FCC units in Europe (circa 4 million tonnes per year). It is operated by the Indian multinational Reliance Industries. Capacity - 23. Nigeria's Dangote refinery is among the largest refineries in the world, according to NS Energy and SK Energy data. 4%. This makes it the world’s single-largest processing site for crude oil. With a refining capacity of 669,000 barrels per day, it is Click To Comment. The industry is dominated by large multinational corporations, such as Exxon Mobil Corporation (NYSE:XOM), BP p. It is owned by Chevron and GS Holdings(50% Chevron/ 50% GS Holdings). %. It commissioned in July 1999 with a capacity of 668,000 barrels per day. It is also ExxonMobil’s largest in the world. Fushun Petrochemical Company is the major refinery in China. Top 5 oil producing countries 1980–2020 World oil production. Refineries are commissioned to produces a range of petroleum products and to to wide variety of crude oils. 24 million barrels per day (bpd) , according to Statista . Ulsan Refinery is the second largest (850,000 barrels per day), and the third-largest Oil refinery is GS-Caltex Yeosu Refinery (830,000 barrels per day) both refineries are located in Oct 14, 2022 · The Dangote Refinery, situated on 6,180 acres (2,500 hectares) of land, is Africa’s biggest oil refinery and the world’s biggest single-train petroleum facility. Owner/Operator – BP. In its new Aug 15, 2023 · Refining Capacity: 669,000 b/cd. The Jamnagar refinery is a private-sector crude oil refinery in Jamnagar, Gujarat, India. The U. 12 million oil barrels daily and yields gasoline, diesel, asphalt, liquified petroleum gas, and jet fuel. China Petrochemical Corp, China National Petroleum corp, Exxon Mobil Corp, Saudi Arabian Oil Co, and Valero Energy Corp are the major 5 oil refining companies in the world in 2021 by capacity. Phillips 66 ()Total revenue of the company in 2019 (in billions of dollars): 109,559. Originally published on May 16, 2021. , 2009-2014 Petroleum refinery end-use market output in the U. Chevron, Gazprom, ExxonMobil, BP, and several other oil giants join Aramco on the list of top 20 GHG emitters between 1965 and 2017. Paraguana Refinery. , petroleum production), as compiled from the U. Olsan refinery is third biggest refinery of South Korea. Baton Rouge Refinery is the first refinery in our list of the top 20 largest refineries in the world that is located in the US. Aug 15, 2023 · In this article, we will be covering the top 20 largest refineries in the world. completed construction of its Feb 7, 2012 · 10 BP Texas City. Source: Rextag. Join Our Community. Ras Tanura closes the ranking of the Top 10 largest refineries in the world, with a crude refining capacity of 550,000 bpd. Singapore Refinery, ExxonMobil - Singapore. With a processing capacity of 840,000bpd, the Ulsan refinery is one of the world’s largest oil refineries in the world. Compared with shorter-term data, the full-year Oct 13, 2011 · Refining and Petrochemicals Middle East reveals the top 25 refineries in the region, based on their designed processing capacity. We have the spectacular Singapore Refinery on Jurong Island in Singapore to complete our list. 5,767 miles. Some of the best oil refinery stocks to buy include Marathon Petroleum Corporation (NYSE: MPC Nov 2, 2023 · 7. 4. Sinopec and CNPC/PetroChina are the major players in the oil refinery sector of China. It entered into operations in 1964. In operation Recently added (2015-19) Under construction 0 20 40 60 80 100. Port Arthur II is a coking refinery located in Texas, the US. ExxonMobil owns the refinery and has a total processing capacity of 605 thousand barrels per day. Overview of Sinopec Group. l. Top 2: Sinopec Group. Collectively, the major 10 oil refining companies in the world had an average refinery capacity of 3,574mbd, where the Feb 15, 2023 · The Jamnagar refinery is a private-sector crude oil refinery in Jamnagar, Gujarat, India. Jan 14, 2021 · Pixabay/Public Domain. Key Challenges Faced by largest oil refining companies in the world. Total profit of the company in 2019 (in billions of dollars): 3,076 Oct 15, 2023 · Jamnagar Refinery. It holds a 50% ownership in a joint venture for chemicals that has made investments . It can process 730,000 barrels per day. May 20, 2021 · Photo by SimonSkafar/E+ via Getty Images. Dec 27, 2022 · The petro majors of the world, or the largest oil companies on the planet, namely Exxon Mobil Corporation (NYSE: XOM ), Chevron Corporation (NYSE: CVX ), BP p. Daily Production (In Barrels): 730,000. Refineries play a vital role in the world’s energy market as well [] Jan 15, 2024 · Nigeria is one of Africa's top oil producers but imports refined petroleum products for its use. Economic growth returned to China in late 2020, and with it came capacity expansion for oil refineries Mar 15, 2023 · 10. com profiles the top 10 countries with the refinery capacity calculated by day. Shares traded higher on strong U. Aug 15, 2023 · First up on our list of the 20 largest refineries in the world is Saudi Aramco Total Refinery & Petrochemicals Co. Lotus Midstream. With the help of gasoline pipelines and storage facilities, American crude refiner Phillips 66 runs 13 refineries throughout the United States and Europe. The refinery produces LPG, gasoline, diesel, jet fuel and asphalt. Mar 28, 2023 · Oil is an essential resource powering industries and economies around the world. Upon completion, the refinery will be able to process 650,000 barrels of crude oil per day into refined petroleum products, which will help Nigeria become an oil refining country. The number of active refineries in the Arab world reached 64 this year, with a total refining capacity of 7. It became operational in 1949. Location – Texas City, Texas, USA. 1 million barrels of oil per day. This refinery is owned by Saudi Arabian Oil Co and operated by Motiva Enterprises. Middle East. No. Jamnagar Refinery - Reliance Industries Limited Jamnagar In this article, we will be covering the top 20 largest refineries in the world. Dec 13, 2023 · Also known as Sinopec, China Petroleum & Chemical is among the very largest oil refining, gas, and petrochemical companies in the world. (SATORP), an oil refinery in Jubail, Saudi Arabia. 1. It is in the prime position with a refining capacity of approximately 1. Last updated 27 May 2020. oil refiner, was roughly 4 million barrels per day. 83 million barrels per day, according to the Organisation of Arab Petroleum Exporting Countries (OAPEC), with the majority of these refineries located in the Click To Comment. Phillips 66 (PSX) – Net Income $1. The refinery is located on the Persian Gulf coast near the industrial port city of Jubail in Saudi Arabia and is owned by Saudi Aramco. 6. 7 million barrels daily by 2028. 4% of the world's oil production in 2020. T Aug 15, 2023 · In this article, we will be covering the top 20 largest refineries in the world. We have also discussed the latest global predictions about crude oil prices. True and Leena Koottungal, "Asia, Middle East Lead Modest Recovery in Global Refining," OGJ, Dec 3, 2012, Table 2 in my Dec 16, 2021 · China – Oil: 27,441km (17,051 miles); Gas: 76,363km (47,450 miles) Australia – Oil: 1,636km (1,017 miles); Gas: 23,002km (14,293 miles) The map below shows pipeline networks across the globe Nov 18, 2022 · Nameplate crude oil distillation capacity is about 10. Top 3: ExxonMobil Corporation. Top 1: Saudi Aramco. The region was led by China and India, China being the world's fifth-largest oil-producing nation. Feb 3, 2023 · The global petrochemical market size is projected to be valued at $798. The United Arab Emirates is an OPEC member, and has ranked among the world's top 10 oil-producing countries for decades. Nov 5, 2023 · The top three oil refinery stocks in this list are Marathon Petroleum Corporation (NYSE: MPC ), Valero Energy Corporation (NYSE: VLO ), and Phillips 66 (NYSE: PSX ). (NYSE: BP ), and Shell plc (NYSE: SHEL) raked in $20 billion, $11 billion, $9. And North America is a major oil hub. I did all my best to study the information and create this video. In this article, we will look at the 13 largest refineries in the US. Jan 31, 2022 · The Asia Pacific accounted for 8. , Ltd. Ras Tanura Refinery – 550,000 barrels a day. Garyville Refinery (Marathon Petroleum) Garyville, Louisiana, United States. This refinery have best vacuum distillation unit in the world. The largest refinery in the world is the Jamnagar Regional distribution of oil refineries, 2020. The nation's oil and natural gas sector has struggled for many years, and most of its state-run May 22, 2023 · The $19 billion facility built by Aliko Dangote, Africa’s wealthiest man, in Nigeria’s economic hub of Lagos is one of the world’s biggest oil refineries and has a capacity of 650,000 Dec 16, 2022 · It is expected to remain a major region given the planned refinery projects in China and India. Paraguana is a coking refinery located in Falcon, Venezuela. This refinery is owned by Kuwait Petroleum and operated by Kuwait Integrated Petroleum Industries Co. PetroChina Co. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 Mar 27, 2022 · MPLX LP. Al-Zour Refinery. Nov 23, 2018 · Ulsan Refinery, South Korea: Owned by SK Energy, the refinery is located in Ulsan Metropolitan City in South Korea. In 2022, it saw a May 24, 2023 · 9. Ltd. It operates upstream and downstream and has extensive operations in production, exploration, petrochemicals, refining, marketing, and international shipping. This refinery is owned by Petroleos de Venezuela and operated by Petroleos de Venezuela. Galveston Bay Refinery (Marathon Petroleum) Texas City, Texas, United States. Location: Paraguana, Falcon, Venezuela. Sep 17, 2023 · The Jamnagar oil refinery is the largest industrial complex in the world, covering an area of more than 30,000 km2. The refinery now has a capability of 1,240,000 barrels per day, making it the largest refinery in the world. It is owned by Chevron and GS Group, and it serves petroleum products all over the world. Jamnagar Refinery - Reliance Industries Limited Jamnagar Aug 25, 2023 · Planned global oil refinery facilities by region 2021 Revenue of petroleum refining in the U. Energy Information Agency’s The world’s largest oil refinery is located in Jamnagar, India, and is owned by the Reliance Industries Ltd. Operated by the Zawia Oil Refining Company, the refinery has a distillation capacity of 6,000 tons per year and production of 120,000 bpd, consolidating its position as the ninth largest in Africa by capacity. The country accounted for 14. Excellent distribution possibilities within Europe and overseas and Jun 15, 2019 · The Top Ten Oil Refineries in Southeast Asia. Reliance Industries Limited commissioned Reliance Jamnagar in 1999, which has since undergone several expansion projects to reach its current capacity. Aug 25, 2023 · Published by Statista Research Department , Aug 25, 2023. GS Caltex Yeosu Refinery (GS Caltex) This refinery is located in Seol, South Korea, and was founded in 1966. Daily processing volumes have declined by nearly one million barrels since 2012. S. May 4, 2023 · “Oil and natural gas explorer, APA Corporation (NASDAQ:APA) was the top contributor to relative returns in the period. Overview of ExxonMobil Corporation. Published by Statista Research Department , Jan 17, 2024. well performance and upbeat guidance Feb 24, 2023 · In this video the 5 largest crude oil refineries in the United States will be considered. In 1999, they commissioned the first phase of Jan 10, 2024 · These Are The Largest Oil Companies In The World 2024. If you want to skip our detailed analysis of the global oil and gas industry, you can go directly to the Top 5 Largest Refineries In The World. With a design capacity of about 592,000 barrels a day, the Exxon Singapore Refinery in Singapore is the largest refinery in South East Asia. Mar 12, 2022 · Daily Production (In Barrels): 940,000. Production: 4,237,000 bpd. Irving oil refinery is the biggest oil Apr 17, 2017 · The 10 Largest-Capacity Refineries in the World. c The petrochemical cluster in Rotterdam is not isolated. Port Arthur II Refinery. 10. The Dangote Refinery, located in Lagos, Nigeria, with 650,000 bpd processing capacity, is ranked seventh on the list. (RIL). Al-Zour is a cracking refinery located in Al Ahmadi, Kuwait. Reliance owns the largest refinery in the world and is the world's largest refining hub. The $19 billion Dangote Petroleum Refinery facility has a capacity to produce 650,000 barrels a day and has started to produce diesel and aviation fuel, the company reported Saturday. The Ulsan Refinery also has the largest automobile assembly plant globally and houses the world’s largest shipyard, both operated by a renowned automobile company, Hyundai. By Scott Lewis. Download chart. Yeosu refinery is the second biggest refinery in the South Korea. Perhaps the most effective sanctions against Russia to date Jan 15, 2024 · Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait. The British super major’s largest refining complex and only entry in this top 10, Texas City is the third largest refinery in the USA and one of the most versatile, processing up to 54 different types of crude oil from oil over the world. China’s total refining capacity could total 19. The Canadian company, one of the world’s largest oil companies, transports about 30% of the crude oil produced in North America. Hydrocarbons-technology. 5 billion, and $8 billion in net income, which is the amount available to the firm after all of its Dec 18, 2021 · Jamnagar Refinery in India is the largest Oil refinery in Asia and in the World with a daily production capacity of 1,240,000 barrels, The SK Energy Co. United Arab Emirates. 4 Jun 16, 2023 · China overtook the United States to become the world’s largest refiner last year. At a glance. Paraguaná Refinery Complex Apr 19, 2023 · As a result, they are currently ranked 439 on the Fortune Global 500 List. China's state-owned oil giant Sinopec is among the largest refining companies in the Feb 8, 2024 · Thursday, February 08, 2024 at 3:20 PM by Zainab Iwayemi. If you want to Oct 25, 2021 · In fact, Saudi Aramco is the world’s largest corporate GHG emitter and accounts for over 4% of the entire world’s emissions since 1965. c. 8% of the world’s refinery capacity per day. Among the key players in this industry are the largest refineries in Jul 18, 2023 · Transneft is one of the world's largest oil trunk pipeline companies, transporting about 82% of Russia's oil through more than 67,000 kilometers of pipeline. 3 billion. Dec 1, 2013 · The top 10 oil refining countries account for more than 58% of the world's total refinery capacity. Enbridge owns the next largest crude oil pipeline network, with 12,974 miles of crude oil pipelines that are at least 10 inches in diameter. Owned by S-Oil Corporation (KRX: 010950), the S-Oil Onsan Refinery is located in Ulsan, South Korea. May 29, 2023 · Methodology for Ranking Largest Oil Refining Companies. Aug 30, 2021 · The refinery produces a capacity of 1. Energy Information Administration database for calendar year 2022, tabulating all countries on a comparable best-estimate basis. 2020-2025 Jan 22, 2024 · In 2022, the refinery throughput of ExxonMobil, the largest U. Sales: $70. Olsan Refinery, South Korea. Mar 25, 2021 · As the shift in oil demand from Covid-19 turned the tables of regional levels of fuel production and exports, China succeeded in overtaking the USA as the world’s biggest oil refiner in 2020. Reliance Industries owns it. Jun 6, 2023 · Listed below are the ten largest active oil refineries by CDU capacity in North America in 2022, according to GlobalData’s Refinery Database. Aug 15, 2023 · ExxonMobil Refining & Supply Co. The refinery, established in 1999 and situated on an area of around 2,400 acres, has a refining capacity of 1. 8 billion Jan 17, 2024 · Global refining capacity of key oil majors 2022. Jun 6, 2023 · Listed below are the ten largest active oil refineries by CDU capacity in the world in 2022, according to GlobalData’s refinery database. 14. Refineries play a vital role in the world’s energy market as well [] Oct 4, 2021 · The Zawiyah refinery is Libya’s second largest crude oil refinery, located approximately 40km west of the capital city, Tripoli. Aug 31, 2023 · Showing 10 out of 25 companies. An aerial view of an oil and Mar 25, 2022 · Pipelines are the primary method of transporting crude oil around the world, delivering oil and its derivative products swiftly to refineries and empowering reliant businesses. 5,913 miles. 56 billion in 2022, at a CAGR of 5. 24 million barrels per day as of 2020. 0 million Feb 20, 2024 · February 20, 2024 · 9 min read. India’s reliance Jamnagar is the largest refinery in India and the world, with a capacity of processing 1. Refineries play a vital role in the world’s energy market as well [] Jul 28, 2022 · Saudi Aramco is Saudi Arabia's national oil company and regularly wins the title of the world's most profitable company (thanks partly to the low cost of oil production in the kingdom). 8 billion by 2030, increasing from $523. Rosneft. mj we kv vc su xz wk ud uv gl