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Also in Gasoline explained Gasoline Octane in depth Where our gasoline comes from Use of gasoline Prices and outlook Factors affecting gasoline prices Regional price differences Price fluctuations History of gasoline Gasoline and the environment. Heavier crude oils are more difficult to refine into lighter products like gasoline.
Refineries that use simpler refining processes may be restricted in their ability to produce products from heavy crude oil. Oil refining is a purely downstream function, although many of the companies doing it have midstream and even upstream production.
A and Chevron CVX to take oil from exploration all the way to sale. The refining side of the business is actually hurt by high prices, because demand for many petroleum products, including gas, is price sensitive. However, when oil prices drop, selling value-added products becomes more profitable. One area service companies and refiners agree on is creating more pipeline capacity and transport. Refiners want more pipeline to keep down the cost of transporting oil by truck or rail. Service companies want more pipeline because they make money in the design and laying stages, and get a steady income from maintenance and testing.
Oil refineries can be dangerous places to work at times. For example, in there was an accident at BP's Texas City oil refinery. Chemical Safety Board, a series of explosions occurred during the restarting of a hydrocarbon isomerization unit.
Fifteen workers were killed and others were injured. The explosions occurred when a distillation tower flooded with hydrocarbons and was over-pressurized, causing a geyser-like release from the vent stack. Energy Information Administration. Chemical Safety Board. Actively scan device characteristics for identification.
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Select personalised ads. China China, with a refinery capacity of China accounted for Russia Russia ranks third with a refinery capacity of 5. Russia is also the second biggest oil producing country after Saudi Arabia and produced State-owned Rosneft is the biggest refiner in Russia. There were total 40 oil refineries operating in Russia at the end of Japan Japan is the fourth biggest refiner in the world and the second biggest in Asia.
Japan is the third biggest net importer of oil in the world. Japan has 25 operating refineries following the shutdown of six refineries with 1. JX Nippon which operates seven refineries with a total refinery capacity of 1. Kawasaki, Negishi Yokahama and Chiba are among the biggest refineries in the country. It is the fourth biggest consumer of oil after the US, China and Japan, and imports most of its crude oil from the Middle East.
India produced , barrels of crude oil per day in The country has 21 refining facilities, most of which owned and operated by public sector companies. The Reliance-operated Jamnagar refinery complex in Gujarat with a capacity of 1. The Essar-operated Vadinar refinery , also located in the Jamnagar district of Gujarat, has refinery capacity of , barrels a day.
South Korea South Korea, with 2. South Korea is one of the biggest oil importers in the world and has imported 2. The country had six major refineries operating by the end of The Ulsan refinery, operated by SK Innovation , with a capacity of , barrels per day, is the biggest refinery in the country.
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