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Global Refining Webinar: Inventories Clearing, Margins Increasing Industry Segment: Petroleum Refining | Word Count: 773 Words SUGAR LAND--May 13, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Global refiners throughout the world faced a tough time in the wake of the COVID-19 pandemic as lockdowns, stay-at-home orders and a lack of travel reduced the demand for refined products. However, things seem to be looking up--demand is returning and high inventories are diminishing. In Wednesday's webinar on spending in the global Petroleum Industry, Chris Paschall, Industrial I...

Upcoming Webinar to Address Refining Capital & Maintenance Spending Industry Segment: Petroleum Refining | Word Count: 439 Words Attachment: Active Refining Projects SUGAR LAND--May 10, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic sent refiners throughout the world into a tailspin as demand for gasoline, diesel and jet fuel plummeted. As businesses were starting to recover, along came Winter Storm Uri in the U.S., causing shutdowns of many facilities along the Texas and Louisiana Gulf Coast, where the majority of U.S. refining activity occurs. In ...

2021 North American Industrial Market Outlook: $15.5 Billion of Potential Refinery Kickoffs Tracked in U.S., Canada Industry Segment: Petroleum Refining | Word Count: 933 Words Attachment: A SUGAR LAND--January 22, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info has identified $15.5 billion worth of petroleum refining project activity in the U.S. and Canada that is proposed to start construction this year through 2022. Refiners took a drubbing in 2020 as a result of the COVID-19-induced drop in demand, and the amount of project activity proposed at the beg...