New oil refinery projects: investments, capacity, and trends

Posted on: 14 / 08 / 2026 | 0 Comentarios

The construction of new oil refinery projects had become a relatively rare activity across much of the world. High investment costs, complex permitting processes, environmental requirements, and the transformation of the energy system meant that, for years, the bulk of investment was concentrated on expanding, modernizing, or retrofitting existing facilities.