THE AUSTRALIAN OIL REFINING INDUSTRY OUTLOOK

1976 ◽  
Vol 16 (1) ◽  
pp. 149
Author(s):  
F. P. Newman
Keyword(s):  
Capital Investment ◽  
Middle Eastern ◽  
Oil Industry ◽  
Cash Flows ◽  
Petroleum Products ◽  
International Standards ◽  
Refining Industry ◽  
Oil Refining ◽  
Wide Range ◽  
Refinery Plant

The Australian refining industry began with the establishment of two small refineries in the mid-1920s. However, it was not until the mid-1950s, after the construction of four large new refineries, that this industry emerged as an important factor in meeting the domestic demand for petroleum products. The refining companies are now able to meet about 90% of Australia's demand for refined petroleum products. This efficient industry provides a wide range of products of varying quality specifications.Existing and probable new government regulations relating to lead in motor spirit and to the level of emissions from refinery plant will necessitate a high level of investment in refinery plant. In the near future, our crude supply pattern is likely to become more dependent on Middle Eastern sources whilst the domestic market for refined products is trending towards a whiter barrel. Major capital investment in refinery plant will be required to adjust to these influences.A major problem facing the Australian oil industry is its recent low profitability. Reduced cash flows constrain the ability of the refining industry to undertake new investment.Actions by the OPEC countries have reduced the degree of vertical integration in the international oil industry and thereby reduced the profit earned on the extraction and sale of crude. Therefore the ability and the need for the major companies to support downstream operations as an aid to the sale of crude has also been reduced. The Australian oil refining and distribution industry must compete for investment funds with other companies in the international oil industry. Its current low return on funds and its debt gearing, already comparatively high by international standards, means that profitability must be restored before substantial new investment can be prudently undertaken.

التطورات العالمية في صناعة تصفية النفط مع التركيز على تجربة السعودية والصين

2021 ◽  
Vol 2021 (69) ◽  
pp. 131-163
Author(s):  
دانية اياد محمد جاسم ◽  
أ. د . فلاح خلف علي الربيعي
Keyword(s):  
Saudi Arabia ◽  
Petroleum Products ◽  
International Standards ◽  
Refining Industry ◽  
Asia Pacific ◽  
Operational Performance ◽  
Oil Refining ◽  
Hydrogen Treatment ◽  
Oil Refineries ◽  
The World

Global developments in the oil refining industry are related to the ability of the producing countries to raise the level of operational performance of the refineries by increasing the filtering capacities, raising the percentage of hydrogen treatment process capacity and raising the ratio of operations to improve the octane number to the distillation capacity, to diversify production with a variety of goods with high added value, and reach the level Productivity, which meets global environmental standards and enhances its competitiveness in global markets. Achieving this goal collides with a number of environmental, economic and technological difficulties and constraints. In order to discuss these topics, the research was divided into six axes, the first focused on introducing the oil industry and petroleum products. As for the second axis, it dealt with the importance of the oil refining industry, and the third dealt with developments in the oil refining industry in the world, the fourth discussed the operational performance of oil refineries in the world, the fifth reviewed the experience of Saudi Arabia, and the sixth discussed briefly the Chinese experience in the field of the refining industry. The study reached a number of conclusions, the most important of which is that there is a geographical shift in the global oil refining industry in favor of the Asia-Pacific region, and that the total filtering capacity will increase by about 7.8 million b / d during the period 2018-2023, and most of this increase will come from the Asia-Pacific and the Middle East regions, Especially in countries that produce points such as Saudi Arabia, the UAE and Iran, The research recommended the necessity of dealing with the refining industry as a strategic industry, by adopting strategies aimed at producing and exporting high-quality petroleum products that are compatible with international standards.

scholarly journals Economic aspects of the development of the world markets of petroleum products since the middle of the XX century

2021 ◽  
Vol 9 (3) ◽  
pp. 21-25
Author(s):  
Marina Shamsutdinova
Keyword(s):  
Production Capacity ◽  
Oil Industry ◽  
Petroleum Products ◽  
Oil Refining ◽  
Steady Increase ◽  
Economic Aspects ◽  
Oil Refineries ◽  
World Markets ◽  
The World ◽  
Total Capacity

The study of the development of the world markets of petroleum products in the period from 1950 to 2021 allows us to conclude that up to 2014 there was a steady increase in the total capacity of the world oil industry . The increase in capacity occurred against the background of a quantitative decrease in oil refineries and an increase in their production capacity. The decrease in the number of small oil refining units was accompanied by an increase in the average capacity in the oil industry.

scholarly journals Oil and oil products market in Ukraine

Ekonomika APK ◽  
2020 ◽  
Vol 312 (10) ◽  
pp. 29-37
Author(s):  
Oleksandr Zakharchuk ◽  
Oksana Vyshnevetska
Keyword(s):  
System Analysis ◽  
Visual Display ◽  
Petroleum Products ◽  
Oil Products ◽  
Refining Industry ◽  
Oil Refining ◽  
Practical Significance ◽  
Research Results ◽  
Destabilizing Factors ◽  
Oil And Oil Products

The purpose of the article is to study the market of oil and oil products in Ukraine, its role in the functioning of agriculture and identify ways to improve. Research methods. Methods used: system analysis and generalization (to study and generalize the energy dependence of Ukraine); statistical (to display the situation on the oil and oil products market in quantitative terms through a system of absolute and relative indicators); analysis of the series of dynamics, structural shifts (to analyze and identify trends in the indicators of the oil and oil products market); comparison (comparison of economic indicators); graphic (visual display of research results in the form of graphs). Research results. The essence and features of the Ukrainian market are revealed, a statistical analysis of trends in the development of the oil and oil products market is carried out, factors influencing the trend of the domestic market are identified and the mechanism of their interaction is clarified. The assessment of the current level of oil independence of Ukraine is carried out. Scientific novelty. The necessity of state support in terms of restoring the competitiveness of the domestic oil refining industry, diversifying the supply of petroleum products to the Ukrainian market and maintaining the share of domestically produced petroleum products at the level of 50% of the consumption volume, as well as reducing the share of other suppliers (importers) to 30% in the total balance has been substantiated. Practical significance. The analysis made it possible to identify destabilizing factors in the oil and oil products market, determine the need for systemic changes in the market functioning model and create conditions for increasing the competitiveness of domestic oil products in the Ukrainian market, create conditions for promoting and stimulating the development of the oil refining industry to weaken the reliability of imports of oil products. Tabl.: 2. Figs.: 1. Refs.: 18.

scholarly journals THE EFFECTIVENESS OF INTERVENTIONS IN THE FIELD OF EXTRACTION AND PROCESSING OF HYDROCARBON RAW MATERIALS IN NOVOSIBIRSK REGION

2019 ◽  
Vol 2 (5) ◽  
pp. 176-183
Author(s):  
Irina Provornaya
Keyword(s):  
New Technologies ◽  
Raw Materials ◽  
Oil Industry ◽  
Economic Indicator ◽  
Petroleum Products ◽  
Oil Refining ◽  
Oil Companies ◽  
Novosibirsk Region ◽  
Regional Budget ◽  
Regional Product

Based on the multivariate spatial model, the paper shows the relationship between the factors of the oil industry (oil production, oil refining, consumption of basic petroleum products) and the main economic indicator (gross regional product) of the Novosibirsk region. It is revealed that with the increase in the capacity of the MIC-oil and subject to further exploration of oil fields with the use of new technologies, revenues to the regional budget from oil companies in the region can be about 5 %. The measures aimed at increasing the level of social responsibility and improving the quality of the environment at the enterprises of the oil industry of the Novosibirsk region are defined.

Oil Storage and Transport Equipment, with Special Reference to the Application of Welding

1933 ◽  
Vol 125 (1) ◽  
pp. 685-699
Author(s):  
R. E. Adlington
Keyword(s):  
Oil Industry ◽  
Diesel Oil ◽  
Petroleum Products ◽  
Oil Refining ◽  
Lubricating Oil ◽  
Flow Sheet ◽  
Transport Equipment ◽  
Oil Storage ◽  
The World ◽  
The Subject

Primarily owing to the special nature of the fluids handled in the oil industry, welding has thoroughly established itself, and is being increasingly employed in all phases of oil refining and handling. Various types of tanks, treatment vessels, and pipe lines of all-welded construction are now being used for the most searching fluids, with complete absence of the joint leakage which occurred with the older methods of construction. Welding methods also show substantial reductions in material and site costs. In order to indicate the very large number of examples of welded construction as applied to the storage and transport of oil, the subject is dealt with on the basis of a flow sheet which shows generally how an oil, found abroad and conveyed to this country for refining, is handled from the time it leaves the well until it is ready for the consumer. Reference is mostly made to commonly used liquid petroleum products such as motor spirit, lubricating oil, furnace, and Diesel oil. The handling of these products is described with reference to the methods employed by one or two well known concerns, but such methods are typical of those employed in other parts of the world.

GEOECOLOGICAL MONITORING OF UNDERGROUND WATER POLLUTION IN THE AREA OF OIL PRODUCTION AND OIL REFINING INDUSTRY

2021 ◽  
Vol 81 (2) ◽  
pp. 157-162
Author(s):  
SHAKIRZYANOV ARTUR M. ◽  
Keyword(s):  
Water Pollution ◽  
Negative Impact ◽  
Raw Materials ◽  
Oil Production ◽  
Underground Water ◽  
Petroleum Products ◽  
Refining Industry ◽  
Oil Refining ◽  
Underground Waters ◽  
Ground Water Pollution

Relevance of the work: Currently, the oil production and refining industry has a huge impact on underground water. The negative impact of petroleum products on the environment, including the pollution of underground water, is quite relevant not only around the world, but also specifically in our region. The purpose of the work: to reveal the influence of the oil-producing and oil-refining industries on underground water, to reveal the sources of pollution, pollutants in the areas of the oil-producing and oil-refining industries, as well as the conditions for the protection of underground water. Method of work: analysis of literary sources, scientific research. The results of the work and the scope of their application: Groundwater pollution is local or regional in nature, it occurs under the influence of man-made and natural processes. It is established that the flow of petroleum products and oil into underground waters is possible due to the leakage of raw materials at the stage of preparation for transportation and transportation of petroleum products, at the stage of operation and drilling of wells, etc., and the most dangerous pollutants are ground water pollution. The danger of contamination of underground waters with oil and petroleum products is dangerous because in this regard, various bacteria develop in underground waters that can cause various mutations, diseases; underground water is a strategic reserve of drinking water; it is almost impossible to clean underground water when oil wells break through; self-purification of underground water occurs for a long time. To reduce the negative impact, it is necessary to carefully monitor the performance of equipment, adhere to certain standards at oil production and oil refining enterprises.

Tax maneuver in the oil industry: Provisional results and risks for further implementation

2020 ◽  
pp. 28-43
Author(s):  
A. S. Kaukin ◽  
E. М. Miller
Keyword(s):  
Oil Industry ◽  
Oil Products ◽  
Oil Refining ◽  
State Budget ◽  
Tax Rate ◽  
Oil Companies ◽  
Reform Plan ◽  
Alternative Variant ◽  
Calculation Results ◽  
The Cost

The paper analyzes the consequences of the abolition of the export duty on oil and oil products as a necessary step to stimulate energy efficiency of Russia’s economy and eliminate underdevelopment provoked by a long-term subsidizing of inefficient oil refining sector in Russia. The calculation results have shown that even taking into account several deviations from the planned scenarios of changing the parameters of tax regulation of the oil industry in 2014— 2019, the tax maneuver brought over 3.5 trillion rubles (in 2019 — 148 billion rubles) to the state budget in 2014—2017, mainly due to an increase in the base mineral extraction tax rate, and contributed to an increase in the depth of oil refining from 72% to 85%. In addition, the article analyzes possible risks associated with the current plan for reforming the taxation of the industry until 2024 and proposes an alternative that could level some of them. A comparative analysis of the effects of the tax maneuver under the current reform plan and the alternative variant suggests that the latter will allow to achieve a greater total budgetary effect in four years, reduce the cost of subsidizing domestic oil refining, increase the efficiency of Russian vertically integrated oil companies, and reduce the growth rate of oil products prices in the retail market.

scholarly journals Comparison of Moving-Bed Catalytic Tar Hydrocracking Processes

Processes ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 500
Author(s):  
Vladimir Kapustin ◽  
Elena Chernysheva ◽  
Roman Khakimov
Keyword(s):  
Heterogeneous Catalysts ◽  
Process Management ◽  
Raw Materials ◽  
Oil Industry ◽  
Oil Refining ◽  
Hydrocarbon Potential ◽  
Vacuum Residue ◽  
Advantages And Disadvantages ◽  
Major Process ◽  
Liquid Products

In recent years, there has been a trend in the global oil industry to improve the proportion of heavy high-sulfur crude oils in the total volume of extracted and processed resources, reserves of which are estimated at over 800 billion metric tons. Therefore, the main line of oil refining is processing of heavy crudes and residua to allow maximum use of the hydrocarbon potential and yield of high-margin products. Hydrogenation processes of heavy raw materials are most attractive in terms of product quality. This article analyzes tar hydrocracking processes that are either in operation or at the stage of full-scale testing. These include Veba Combi-Cracker (VCC), Uniflex, suspended-bed catalyst hydrocracking (ENI), and vacuum residue hydroconversion (TIPS RAS). These technologies use heterogeneous catalysts and are designed to obtain the largest possible amount of liquid products. This article discusses the features of each technology, highlights their advantages and disadvantages, shows the main approaches to process management, and speculates about the development of these technologies. Tar refining is a major process in heavy oil upgrading, and the development of efficient tar-processing methods will influence refinery configurations and management.

Sign in / Sign up

Export Citation Format

Share Document