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Refiners Chased Margins in 2015, but Maintenance Work to Grow in 2016 and 2017

petroleum_refining

Industry Segment: Petroleum Refining | Word Count: 757 Words
Attachment: FCCU Turnarounds, Oil Supply vs. Demand

SUGAR LAND--November 16, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Planned refinery turnarounds fell sharply in 2015 as refiners delayed projects to process the flood of inexpensive crude oil, Chris Paschall, Industrial Info's vice president of global research for the Oil & Gas and Petroleum Refining Industries, explained for several hundred attendees at Industrial Info's 2016 Market Outlook in Baton Rouge, Louisiana, earlier this month. But he said he expected turnarounds to increase in 2016.

Within this article: Details on project delays faced by nearly 200 oil refiners.

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