An oil refinery or petroleum refinery is an industrial process plant where petroleum is transformed and refined into products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day.
OMV is an Austrian multinational integrated oil, gas and petrochemical company which is headquartered in Vienna, Austria. The company is listed on the Vienna Stock Exchange. In the 2021 Forbes Global 2000, OMV Group was ranked as the 413th -largest public company in the world.
Rompetrol is a crude oil development, producer, and refiner based in Romania. It also markets and distributes refined petroleum products through its chain of gasoline and diesel fuel stations. Established as a state-owned company in 1974, it was privatized in 1993 and became a subsidiary of KMG International in 2007. It has operations in 12 countries, where it is known as The Rompetrol Group N.V.
OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. Since 2004 it is a subsidiary of OMV. With 2022 profits of EUR 12.5 billion, as of 2023, OMV Petrom is the largest company in Romania.
The Kuwait National Petroleum Company (KNPC) is the national oil refining company of Kuwait. Established in October 1960, KNPC handles the responsibility of oil refining, gas liquefaction, and distribution of petroleum goods within the local market. KNPC is also handling CFP.
Petroleum production in Canada is a major industry which is important to the overall economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of 750,000 cubic metres per day (4.7 Mbbl/d) of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of the Canadian petroleum production is exported, approximately 600,000 cubic metres per day (3.8 Mbbl/d) in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
Kochi Refinery Limited (KRL) is a crude oil refinery in the city of Kochi in Kerala, India. It is the largest public sector refinery in India with a production capacity of 15.5 million tonnes per year. Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited, it was acquired by Bharat Petroleum Corporation Limited in the year 2006. The refinery is situated at Ambalamugal, around 12 km (7.5 mi) east of the city centre.
The petroleum industry in Azerbaijan produces about 873,260 barrels (138,837 m3) of oil per day and 29 billion cubic meters of gas per year as of 2013. Azerbaijan is one of the birthplaces of the oil industry.
QatarEnergy, formerly Qatar Petroleum (QP), is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018 it was the third largest oil company in the world by oil and gas reserves. In 2022, the company had total revenues of US$52bn, a net income of US42.4bn, and total assets of US$162bn. In 2021, QatarEnergy was the fifth largest gas company in the world.
The National Oil Corporation is the national oil company of Libya. It dominates Libya's oil industry, along with a number of smaller subsidiaries, which combined account for around 70% the country's oil output. Of NOC's subsidiaries, the largest oil producer is the Waha Oil Company (WOC), followed by the Arabian Gulf Oil Company (Agoco), Zueitina Oil Company (ZOC), and Sirte Oil Company (SOC).
Idemitsu Kosan Co., Ltd. is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, and also operates gas stations under the apollostation brand and until 2023, in its own Idemitsu and Shell brands; the Shell brand being used under the license of Royal Dutch Shell.
Petromidia Refinery is the largest Romanian oil refinery and one of the largest in Eastern Europe, located in Năvodari, Constanța County. It has an annual processing capacity of 4.8 million tonnes/year or 100,000 bbl/d (16,000 m3/d). The refinery is supplied with oil through an oil terminal located in the Port of Midia that could accommodate ships up to 24,000 DWT or by a pipeline of 40 km (25 mi) which had a terminus in the Port of Constanța.
Arpechim Refinery was one of the largest Romanian refineries and one of the largest in Europe, located in Pitești, Argeș County, and had both refining and petrochemical capacities. It was closed in 2011. The refinery has two processing modules with a nominal capacity of 6.5 million tonnes/year. Now only one of the two modules is operating with a capacity of 3.5 million tonnes/year or 70,000 bbl/d (11,000 m3/d). The facility is connected by pipeline to the oil fields in the Oltenia Region and to the Port of Constanţa. The refinery produces around 60% of all the bitumen used in Romania.
Petrobrazi Refinery is one of the largest Romanian refineries and one of the largest in Eastern Europe, located near Ploiești, Prahova County having as a main activity the processing of Romanian oil but also has a separate unit specialised in processing chemical products. The refinery had two processing modules with a nominal capacity of 3.5 million tonnes/year each and a total capacity of 7 million tonnes/year. Now only one of the two modules is operational and has a capacity of 4.5 million tonnes/year or 90,000 bbl/d (14,000 m3/d), 1 million tonnes larger due to an investment program from 1999 - 2000. The facility is connected by pipeline to virtually all of the oil fields in Romania and to the Port of Constanța by a pipeline with a capacity of 10,000 tonnes/day.
Petrotel Lukoil Refinery is one of the largest Romanian oil refineries and one of the largest in Eastern Europe, located in Ploieşti, Prahova County. Its main activity is the processing of Romanian and Russian oil, but a separate unit is specialised in biodiesel production and another unit specialises in energy production. Russian oil is transported by oil tankers from the Novorossiysk Commercial Sea Port, unloaded at an oil terminal located in the Port of Constanţa, and transported to the refinery by rail or by a 250 kilometres (155 mi) underground pipeline that links the refinery to the port. In 2004, the refinery underwent a major modernization that reduced the production capacity of 3.5 million tonnes/year to 2.4 million tonnes/year but made the refinery more efficient, with a higher percentage of use. The refinery also has a biodiesel producing capacity of 100,000 tonnes and the energy division has a gas-fired turbine with a nominal capacity of 30MW.
S.C. IPIP S.A. the Engineering and Design Institute for Oil Refineries and Petrochemical Plants is a Romanian company which was established in 1950, at Ploiești, as a milestone in the development of the petroleum, hydrocarbon processing and petrochemical industries as well as of their related fields, in Romania.
Iran is an energy superpower and the petroleum industry in Iran plays an important part in it. In 2004, Iran produced 5.1 percent of the world's total crude oil, which generated revenues of US$25 billion to US$30 billion and was the country's primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7% of gross domestic product (GDP). However, the importance of the hydrocarbon sector to Iran's economy has been far greater. The oil and gas industry has been the engine of economic growth, directly affecting public development projects, the government's annual budget, and most foreign exchange sources.
KMG International N.V. is an international oil company with operations in 15 countries throughout Europe, Central Asia and North Africa. The group is active primarily in refining, marketing and trading, with additional operations in exploration and production, and other oil industry services such as drilling, EPCM, and transportation.
Vega Refinery is a Romanian oil refinery owned by Rompetrol and located in Ploiești, Prahova County. The refinery has a processing capacity of over 350,000 tons of feedstock/year. It is also the sole producer of hexane and bitumen in Romania with a production capacity of 66,000 tons of bitumen per year.
