North America Refining Industry to 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Refineries in North America

North America Refining Industry to 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Refineries in North America

Summary

“North America Refining Industry to 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Refineries in North America”, is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the North American refining market. It is an in-depth source of information on all active and planned refineries, refining margins and key trends and issues in the North American refining industry. The research also offers market share analysis of major refining companies in the region.

According to the report, driven by stringent regulations on emissions for petroleum products, expansion of refining capacity in North America will primarily be through addition of secondary conversion units. Coking capacity in the region will increase from 125.86 Million Tonnes per Annum (MMTPA) in 2008 to 148.88 MMTPA in 2013 at an AAGR of 3.36%.

However, lower gasoline demand in North America due to people shifting to diesel vehicles or more fuel efficient cars has led to the closure of main processing units like FCC and coking units in several refineries. This, in turn, has reduced throughput leading to low level of capacity utilization of around 81% in North America.

Scope

The report provides detailed information and analysis on refining capacities, margins, market shares of key companies and competitive scenario in the North American refining market. Its scope includes
- Crude distillation and other major unit capacities of 165 active refineries
- Information on distillation and other unit capacity additions through commissioning of new units and expansion of existing units
- Annual information covering historic data from 2000 to 2008 and forecasts till 2013
- Covers information on refineries in the United States and Canada
- Quarterly Gross Refinery Margin trends for US Gulf Coast, US West Coast and US East Coast markets from Q4, 2004 to Q2, 2009
- Refining, coking, fluid catalytic cracking and hydrocracking capacity market share of the key companies in North American refining market
- Analysis of the operations of the major refining companies including BP Plc, Chevron Corporation, ConocoPhillips, ExxonMobil Corporation, Royal Dutch Shell Plc and Valero Energy Corporation.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:
- Find the most attractive investment targets for your business with the help of an up-to-date review of planned expansions in secondary processing units across 165 active refineries in the region
- Plan your future investments in refining business by identifying gross refinery margin trends in each of the three major refining markets in North America since 2004
- Benchmark yourself against major refining companies in North America by leveraging on our detailed company analysis
- Gain insights into the strengths and weaknesses of your competitors based on market shares of key refining companies in North America.

Keywords

Oil, Downstream, World Refining Capacity, Spare Refining Capacity, Country-Wise Refining Capacity, Company-Wise Refining Capacity, Active Refineries, Planned Refineries, Inactive Refineries, Gross Refining Margins, Gross Refining Margins, Crude Distillati

1 Table Of Contents 2
1.1 List of Tables 9
1.2 List of Figures 12
2 Introduction 13
2.1 What is This Report About? 13
2.2 How to Use This Report? 13
2.3 Market Definition 13
3 North America Refining Industry 14
3.1 North America Refining Industry, Snapshot 14
3.1.1 North America Refining Industry, Key Data, 2008 14
3.1.2 North America Refining Industry, Refining Capacity by US Regions and Canada, 2000-13 14
3.1.3 North America Refining Industry, Refining Capacity Share Vis-à-vis Growth by US Regions and Canada, 2003-08 15
3.1.4 North America Refining Industry, Coking Capacity by US Regions and Canada, 2000-13 16
3.1.5 North America Refining Industry, Coking Capacity Share Vis-à-vis Growth by US Regions and Canada, 2003-08 16
3.1.6 North America Refining Industry, Fluid Catalytic Cracking Capacity by US Regions and Canada, 2000-13 17
3.1.7 North America Refining Industry, Fluid Catalytic Cracking Capacity Share Vis-à-vis Growth by US Regions and Canada, 2003-08 18
3.1.8 North America Refining Industry, Hydrocracking Capacity by US Regions and Canada, 2000-13 19
3.1.9 North America Refining Industry, Hydrocracking Capacity Share Vis-à-vis Growth by US Regions and Canada, 2003-08 19
3.2 North America Refining Industry, Market Share Analysis by Key Companies 20
3.2.1 North America Refining Industry, Refining Capacity by Major Companies, 2000-13 20
3.2.2 North America Refining Industry, Refining Capacity Share Vis-à-vis Growth by Major Companies, 2003-08 21
3.2.3 North America Refining Industry, Coking Capacity by Major Companies, 2000-13 22
3.2.4 North America Refining Industry, Coking Capacity Market Share Vis-à-vis Growth by Major Companies, 2003-08 22
3.2.5 North America Refining Industry, Fluid Catalytic Cracking Capacity by Major Companies, 2000-13 23
3.2.6 North America Refining Industry, Fluid Catalytic Cracking Capacity Market Share Vis-à-vis Growth by Major Companies, 2003-08 24
3.2.7 North America Refining Industry, Hydrocracking Capacity by Major Companies, 2000-13 25
3.2.8 North America Refining Industry, Hydrocracking Capacity Market Share Vis-à-vis Growth by Major Companies, 2003-08 25
3.3 North America Refining Industry, New Units and Capacity Expansions by Country 26
3.3.1 North America Refining Industry, New Distillation Units and Capacity Expansions by Country, 2009-13 26
3.3.2 North America Refining Industry, New Coking Units and Capacity Expansion by Country, 2009-13 26
3.3.3 North America Refining Industry, New Fluid Catalytic Crackers and Fluid Catalytic Cracking Capacity Expansions by Country, 2009-13 28
3.3.4 North America Refining Industry, New Refineries and Hydrocracking Capacity Expansions by Country, 2009-13 28
3.4 North America Refining Industry: Trends, Drivers, and Challenges 30
3.4.1 North America Refining Industry: Major Trends 30
3.4.2 North America Refining Industry: Key Drivers 31
3.4.3 North America Refining Industry: Primary Challenges 31
3.5 North America Refining Industry, Gross Refining Margins 32
3.5.1 North America Refining Industry, Gross Refining Margins Overview 32
3.5.2 North America Refining Industry, Gross Refining Margins Trends 33
3.5.3 North America Refining Industry, Gross Refining Margins Trends, United States Gulf Coast 34
3.5.4 North America Refining Industry, Gross Refining Margins Trends, United States West Coast 36
3.5.5 North America Refining Industry, Gross Refining Margins Trends, United States East Coast 38
3.6 Refining Industry in the United States Gulf Coast 40
3.6.1 Refining Industry in the United States Gulf Coast, Crude Distillation Unit Capacity, 2000-13 40
3.6.2 Refining Industry in the United States Gulf Coast, Coking Capacity, 2000-13 43
3.6.3 Refining Industry in the United States Gulf Coast, Fluid Catalytic Cracking Capacity, 2000-13 44
3.6.4 Refining Industry in the United States Gulf Coast, Hydrocracking Capacity, 2000-13 46
3.7 Refining Industry in the United States Midwest 47
3.7.1 Refining Industry in the United States Midwest, Crude Distillation Unit Capacity, 2000-13 48
3.7.2 Refining Industry in the United States Midwest, Coking Capacity, 2000-13 49
3.7.3 Refining Industry in the United States Midwest, Fluid Catalytic Cracking Capacity, 2000-13 50
3.7.4 Refining Industry in the United States Midwest, Hydrocracking Capacity, 2000-13 51
3.8 Refining Industry in the United States West Coast 51
3.8.1 Refining Industry in the United States West Coast, Crude Distillation Unit Capacity, 2000-13 52
3.8.2 Refining Industry in the United States West Coast, Coking Capacity, 2000-13 53
3.8.3 Refining Industry in the United States West Coast, Fluid Catalytic Cracking Capacity, 2000-13 54
3.8.4 Refining Industry in the United States West Coast, Hydrocracking Capacity, 2000-13 55
3.9 Refining Industry in the United States East Coast 55
3.9.1 Refining Industry in the United States East Coast, Crude Distillation Unit Capacity, 2000-13 56
3.9.2 Refining Industry in the United States East Coast, Coking Capacity, 2000-13 56
3.9.3 Refining Industry in the United States East Coast, Fluid Catalytic Cracking Capacity, 2000-13 57
3.9.4 Refining Industry in the United States East Coast, Hydrocracking Capacity, 2000-13 57
3.10 Refining Industry in the United States Rocky Mountain 58
3.10.1 Refining Industry in the United States Rocky Mountain, Crude Distillation Unit Capacity, 2000-13 58
3.10.2 Refining Industry in the United States Rocky Mountain, Coking Capacity, 2000-13 59
3.10.3 Refining Industry in the United States Rocky Mountain, Fluid Catalytic Cracking Capacity, 2000-13 60
3.10.4 Refining Industry in the United States Rocky Mountain, Hydrocracking Capacity, 2000-13 61
3.11 Refining Industry in the United States, Maintenance Schedules, 2005-10 62
3.12 Refining Industry in Canada 79
3.12.1 Refining Industry in Canada, Crude Distillation Unit Capacity, 2000-13 79
3.12.2 Refining Industry in Canada, Coking Capacity, 2000-13 80
3.12.3 Refining Industry in Canada, Fluid Catalytic Cracking Capacity, 2000-13 81
3.12.4 Refining Industry in Canada, Hydrocracking Capacity, 2000-13 82
3.12.5 Refining Industry in Canada, Maintenance Schedules, 2005-10 83
4 Profile of BP p.l.c. 84
4.1 BP p.l.c., Key Information 84
4.2 BP p.l.c., Company Overview 84
4.3 BP p.l.c., Business Description 84
4.3.1 BP p.l.c., Business Description, Business Overview 84
4.3.2 BP p.l.c., Business Description, Exploration and Production 85
4.3.3 BP p.l.c., Business Description, Other Businesses and Corporate Segment 86
4.3.4 BP p.l.c., Business Description, Refining and Marketing 87
4.4 BP p.l.c., SWOT Analysis 89
4.4.1 BP p.l.c., SWOT Analysis, Overview 89
4.4.2 BP p.l.c., SWOT Analysis, Strengths 90
4.4.3 BP p.l.c., SWOT Analysis, Weaknesses 91
4.4.4 BP p.l.c., SWOT Analysis, Opportunities 91
4.4.5 BP p.l.c., SWOT Analysis, Threats 92
5 Profile of Chevron Corporation 93
5.1 Chevron Corporation, Key Information 93
5.2 Chevron Corporation, Company Overview 93
5.3 Chevron Corporation, Business Description 93
5.3.1 Chevron Corporation, Business Description, Business Overview 93
5.3.2 Chevron Corporation, Business Description, Chemicals 94
5.3.3 Chevron Corporation, Business Description, Downstream 94
5.3.4 Chevron Corporation, Business Description, Others 96
5.3.5 Chevron Corporation, Business Description, Upstream Segment 97
5.4 Chevron Corporation, SWOT Analysis 99
5.4.1 Chevron Corporation, SWOT Analysis, Overview 99
5.4.2 Chevron Corporation, SWOT Analysis, Strengths 100
5.4.3 Chevron Corporation, SWOT Analysis, Weaknesses 102
5.4.4 Chevron Corporation, SWOT Analysis, Opportunities 102
5.4.5 Chevron Corporation, SWOT Analysis, Threats 104
6 Profile of ConocoPhillips 105
6.1 ConocoPhillips, Key Information 105
6.2 ConocoPhillips, Company Overview 105
6.3 ConocoPhillips, Business Description 105
6.3.1 ConocoPhillips, Business Description, Business Overview 105
6.3.2 ConocoPhillips, Business Description, Chemicals Segment 106
6.3.3 ConocoPhillips, Business Description, Emerging Businesses Segment 106
6.3.4 ConocoPhillips, Business Description, Exploration and Production Segment 108
6.3.5 ConocoPhillips, Business Description, LUKOIL Investment 109
6.3.6 ConocoPhillips, Business Description, Midstream Segment 109
6.3.7 ConocoPhillips, Business Description, Refining, Marketing and Transportation 110
6.4 ConocoPhillips, SWOT Analysis 111
6.4.1 ConocoPhillips, SWOT Analysis, Overview 111
6.4.2 ConocoPhillips, SWOT Analysis, Strengths 112
6.4.3 ConocoPhillips, SWOT Analysis, Weaknesses 113
6.4.4 ConocoPhillips, SWOT Analysis, Opportunities 113
6.4.5 ConocoPhillips, SWOT Analysis, Threats 114
7 Profile of Exxon Mobil Corporation 115
7.1 Exxon Mobil Corporation, Key Information 115
7.2 Exxon Mobil Corporation, Company Overview 116
7.3 Exxon Mobil Corporation, Business Description 116
7.3.1 Exxon Mobil Corporation, Business Description, Business Overview 116
7.3.2 Exxon Mobil Corporation, Business Description, Chemical 116
7.3.3 Exxon Mobil Corporation, Business Description, Downstream 117
7.3.4 Exxon Mobil Corporation, Business Description, Upstream 119
7.4 Exxon Mobil Corporation, SWOT Analysis 121
7.4.1 Exxon Mobil Corporation, SWOT Analysis, Overview 121
7.4.2 Exxon Mobil Corporation, SWOT Analysis, Strengths 122
7.4.3 Exxon Mobil Corporation, SWOT Analysis, Weaknesses 123
7.4.4 Exxon Mobil Corporation, SWOT Analysis, Opportunities 124
7.4.5 Exxon Mobil Corporation, SWOT Analysis, Threats 126
8 Profile of Royal Dutch Shell plc 128
8.1 Royal Dutch Shell plc, Key Information 128
8.2 Royal Dutch Shell plc, Company Overview 128
8.3 Royal Dutch Shell plc, Business Description 128
8.3.1 Royal Dutch Shell plc, Business Description, Business Overview 128
8.3.2 Royal Dutch Shell plc, Business Description, Chemicals 129
8.3.3 Royal Dutch Shell plc, Business Description, Corporate 130
8.3.4 Royal Dutch Shell plc, Business Description, Exploration and Production 130
8.3.5 Royal Dutch Shell plc, Business Description, Gas and Power 133
8.3.6 Royal Dutch Shell plc, Business Description, Oil Products 134
8.3.7 Royal Dutch Shell plc, Business Description, Oil Sands 136
8.4 Royal Dutch Shell plc, SWOT Analysis 137
8.4.1 Royal Dutch Shell plc, SWOT Analysis, Overview 137
8.4.2 Royal Dutch Shell plc, SWOT Analysis, Strengths 138
8.4.3 Royal Dutch Shell plc, SWOT Analysis, Weaknesses 140
8.4.4 Royal Dutch Shell plc, SWOT Analysis, Opportunities 141
8.4.5 Royal Dutch Shell plc, SWOT Analysis, Threats 143
9 Profile of Valero Energy Corporation 146
9.1 Valero Energy Corporation, Key Information 146
9.2 Valero Energy Corporation, Company Overview 146
9.3 Valero Energy Corporation, Business Description 146
9.3.1 Valero Energy Corporation, Business Description, Business Overview 146
9.3.2 Valero Energy Corporation, Business Description, Refining 147
9.3.3 Valero Energy Corporation, Business Description, Retail 149
9.4 Valero Energy Corporation, SWOT Analysis 150
9.4.1 Valero Energy Corporation, SWOT Analysis, Overview 150
9.4.2 Valero Energy Corporation, SWOT Analysis, Strengths 151
9.4.3 Valero Energy Corporation, SWOT Analysis, Weaknesses 152
9.4.4 Valero Energy Corporation, SWOT Analysis, Opportunities 153
9.4.5 Valero Energy Corporation, SWOT Analysis, Threats 154
10 North America, Refining Industry, Financial Deals Landscape 156
10.1 Detailed Deal Summary 156
10.1.1 Merger 156
10.1.2 Acquisition 158
10.1.3 Equity Offerings 159
10.1.4 Debt Offerings 161
10.1.5 Partnerships 183
10.1.6 Asset Transactions 184
11 North America, Refining Industry, Recent Developments 186
11.1 License Awards 186
11.1.1 Jan 20, 2009: Petro-Canada Receives Approval For Oil Sands Processing In Alberta 186
11.2 Strategy and Business Expansion 187
11.2.1 Jul 24, 2009: Irving Oil, BP Not To Proceed With Proposed Second Refinery In Saint John, New Brunswick 187
11.2.2 Jun 04, 2009: Valero Energy Suspends Hydrocracker Project At Its Port Arthur Refinery In Texas 188
11.2.3 Apr 17, 2009: Headwaters, Criterion Form Alliance On Heavy Oil Upgrading Technology 189
11.3 Drilling and Production Updates 189
11.3.1 Jul 09, 2009: Chevron Provides Interim Update For Q2 2009 189
11.3.2 Jun 01, 2009: Motiva Enterprises Restarts Norco, Louisiana, Refinery 191
11.3.3 Apr 30, 2009: Tesoro Restarts Refinery in Kenai, Alaska 191
11.3.4 Mar 08, 2009: ConocoPhillips Recommences Sweeny Crude Unit in Texas 191
11.4 Financial Announcements 191
11.4.1 Aug 04, 2009: ONEOK Partners Reports Net Income Of $97.5 Million In Q2 2009 191
11.4.2 Aug 03, 2009: NuStar Reports Total Revenue Of $987.8 Million In Q2 2009 195
11.4.3 Jul 31, 2009: Chevron Reports Net Income of $1.75 Billion in Q2 2009 197
11.4.4 Jul 30, 2009: Imperial Oil Reports Net Income of CAD209 Million in Q2 2009 200
11.4.5 Jul 29, 2009: Hess Reports Net Income of $102 Million in Q2 2009 201
11.4.6 Jul 28, 2009: Valero Energy Reports Operating Revenues of $17.9 Billion in Q2 2009 202
11.4.7 Jul 23, 2009: EnCana Reports Net Earnings Of $239 Million In Q2 2009 204
11.4.8 Jul 22, 2009: Suncor Energy Posts CAD51 Million Net Loss in Q2 2009 207
11.4.9 Jul 15, 2009: United Refining Q3 Fiscal 2009 Net Sales Down 36.8% 208
11.4.10 Jul 09, 2009: CHS Reports Net Income of $64.6 Billion in Q3 Fiscal 2009 209
11.4.11 May 12, 2009: Harvest Energy Reports Net Income of CAD56.8 Million for Q1 2009 210
11.5 Other Significant Developments 212
11.5.1 Jul 29, 2009: Chevron Appoints Hewitt Pate As Vice President And General Counsel 212
11.5.2 Jul 28, 2009: Petro-Canada, Suncor Energy Start Issuing Layoff Notices To Executives 213
11.5.3 Jul 20, 2009: Chevron Files Appeal To Overturn Court Order To Stop Richmond Refinery Project 213
11.5.4 Jul 17, 2009: Total To Resume Unit 817 At Its Port Arthur Refinery In Texas 214
11.5.5 Jul 14, 2009: BP Shuts FCC Unit At Its Angeles-Area Refinery In Carson, California 214
11.5.6 Jul 13, 2009: Total To Resume Unit 835 At Its Port Arthur Refinery In Texas 214
11.5.7 Jul 12, 2009: ExxonMobil's Beaumont FCC Upset Has No Impact 214
11.5.8 Jun 29, 2009: ExxonMobil's Baytown Refinery Furnaces Back In Operation 214
11.5.9 Jun 25, 2009: Murphy Oil Receives Approval For Refinery Upgradation In Superior, Wisconsin 215
11.5.10 Jun 15, 2009: ExxonMobil Ordered By Court To Pay $507.5 Million For Exxon Valdez Oil Spill 216
11.5.11 Jun 07, 2009: ExxonMobil's Beaumont Refinery Malfunction To Have Minimal Impact On Production 216
12 Appendix 217
12.1 Methodology 217
12.1.1 Coverage 218
12.1.2 Secondary Research 219
12.1.3 Primary Research 219
12.1.4 E&P Forecasts 219
12.1.5 Midstream Forecasts 221
12.1.6 Expert Panel Validation 221
12.2 Contact Us 221
12.3 About GlobalData 222
12.4 Disclaimer 222