Refinery Turnarounds: Best of Times, Worst of Times

SUGAR LAND--November 5, 2009--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Stand-alone U.S. oil refiners may be forced to postpone maintenance turnarounds during the next few months because of difficult market conditions, according to Chris Paschall, Industrial Info's vice president of research - Petroleum Refining Industry. But these same market conditions could drive an increase in turnaround projects at the U.S. refineries owned by integrated oil companies, he said.

Companies featured: Valero Energy (NYSE:VLO), Marathon Oil (NYSE:MRO), Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), Jacobs Engineering Group (NYSE:JEC), Fluor Corporation (NYSE:FLR)