Executive Summary
The petroleum refining industry is on the cusp of significant transformation as global energy demand evolves alongside regulatory pressures and advancements in technology. Several key trends are projected to reshape the sector, including shifts toward decarbonization, the adoption of renewable feedstocks, and the ongoing impacts of geopolitical factors on crude oil supply chains. This whitepaper examines the challenges and opportunities poised to impact the petroleum refining market while providing an analytical outlook through a comprehensive assessment of industry data, market dynamics, and strategic adaptations.
