You can only download this statistic as a Premium user. This map shows oil refinery operations in red and allow users to report health issues directly on the map colored in blue. Led multi-discipline . Five refinersMarathon Petroleum Corp. (MPC . More than 90 per cent of Australia's refined fuels are imported these days. If you are an admin, please authenticate by logging in again. What is the Economic Contribution of Refineries in Ontario? Vinci Construction Company, Jul 7, 2022. Source: S&P Global Since June 2019, 1.482 million barrels per day of refining capacity has been rationalized in the United States and Canada, of which about 590,000 barrels per day was damaged in storms or refinery incidents and is not eligible for quick restart, and 237,000 barrels per day is being converted to renewable diesel production. Western Canadian output will grow annually by about 150,000 bbl/day. The global bunker fuel market size was valued at $109.6 billion in 2020, and is projected to reach $164.9 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030. Learn more about the importance of having responsible and reliable supply chains and why it matters for all Canadians! The U.S. has over 200,000 miles of pipeline for crude oil, refined products, and natural gas liquids. Canada Canada's 2.06Mbd refinery capacity in 2012 makes it the tenth biggest refiner in the world. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region. This market is more critical now than at any point over the last 10 years. Lotus Midstream. There are four operating refineries in Alberta with a combined crude processing capacity of over 458,200 bbl/d. Source: Rextag. And how can you ensure you are at the forefront of the market? Please create an employee account to be able to mark statistics as favorites. While the U.S. is working to strengthen its battery metals production and supply chains with $2.8 billion in grants for domestic lithium, graphite, and nickel projects, it will be years before more supply comes online as a result. What clothing brands were popular in the 50s? How the Oil Refinery Market, 2022 to 2032 Market report helps you? What can be the best investment options for new product and service lines? What does Lo Debar represent in the Bible? You find original analyses, with business outlooks and developments. Too Much! Overall, Canada imported less crude oil in 2020 than . 5,913 miles. Four COVID-19 recovery patterns and their impact, namely, V, L, W and U are discussed in this report. 2022. moviesda 2022 tamil. The complex is located in Jamnagar, Gujarat, India. 7 For All Mankind Dojo Bootcut Jeans, Aug 9, 2022 . The country accounted for about 2.2% of the world's total refinery capacity per day during the same year. By looking back at previous years, investors can gain insights into long-term trends and patterns in commodity prices. Ontario refineries source most of their feedstock from Western Canada but also some from the United States. updated: sep 14, 2022: site map: projects / refineries : notes: 1 asphalt refinery (formerly owned by husky energy) 2 lubricants plant 3 purchased from chevron in q3/2017 4 excludes clarkson lubes refinery 5 purchased from husky in nov 2019 6 heavy oil splitter, producing specialty market refined products 7 regulated as upgrader. The report highlights key lucrative areas in the industry so you can target them NOW. Canadas offshore oil production is shipped to buyers in Eastern Canada, the U.S., Asia and sometimes Europe. In summary, our 550+ page report provides you with the following knowledge: Revenue forecasts to 2032 for Oil Refinery Market, 2022 to 2032 Market, with forecasts for each forecasted at a global and regional level discover the industrys prospects, finding the most lucrative places for investments and revenues Revenue forecasts to 2032 for 4 regional and 20 key national markets See forecasts for the Oil Refinery Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and LAMEA. ConocoPhillips Overall Best Oil Stock to Buy Now. The country accounted for about 2.2% of the world's total refinery capacity per day during the same year. The refineries with the largest throughput in North America are all located in the Gulf Coast (PADD 3), with the five refineries that process more than 500,000 barrels per day all located in the states of Louisiana and Texas. Location : Warehouse: Jebel Ali Free Zone, Dubai, UAE. When it comes to refinery output and the economy, the larger the numbers, th Trans Mountain Expansion Workers - TMX Governments would have less revenues to spend on healthcare, education and social programs (to name just a few examples). See full list of refineries. four refineries This map shows major oil transportation routes in eastern Canada and Ontario for crude oil and refined petroleum products. Smartphones, computers, televisions, gasoline, motor vehicles, rubbers, plastics, refrigerators, heart valves, prescriptions, contact lenses, shampoo, toothpaste and hearing aids are just the tip of the iceberg of products derived using oil. This will be the first major expansion to U.S. crude oil processing in about 10 years. Daily. After 2021 saw energy fuels dominate the top spots after lithium, energy fuel prices in 2022 were more volatile with more scattered returns. Alberta is over 66 million hectares in size. As a Premium user you get access to the detailed source references and background information about this statistic. Canada is home to 18 refineries: 5 in Alberta, 5 in Ontario, 2 in British Columbia, 2 in Saskatchewan, 2 in Quebec, 1 in New Brunswick, and 1 in Newfoundland and Labrador. A majority of those exports at nearly 2 million barrels per day go to PADD II in the U.S. Midwest and are primarily transported by the Keystone pipeline system, Enbridges Main Line, and the Express Pipeline. This years edition looks back over the past decade of returns between 2013 and 2022, and features an interactive design that allows users to sort returns by various categories including returns, volatility, and other groupings. Many businesses rely on crude oil as a direct source of raw materials: the chemical sector employs naphtha, kerosene, and other products whose costs are directly affected by changes in crude oil prices, therefore as crude oil prices rise, production in these industries decreases. Contains in-depth analyse of global, regional and national sales and growth Highlights for you the key successful trends, changes and revenue projections made by your competitors This report tells you TODAY how the oil refinery market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. . How will the industry evolve during the period between 2020 and 2032? 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A catalytic cracking unit was added in 1951 to produce gasoline out of low-value petroleum and the first heavy-oil upgrader in Canada came on stream in 1988. Pipelines in Canada that move oil and gas are the lifeblood of our modern society. The result was that five refineries across . Click on each marker to view details of each refinery: Map by earthjustice. The North West Redwater Partnership's bitumen refinery in Sturgeon County, Alberta, is currently licensed as an upgrader, but it operates as a refinery, producing refined petroleum products. The quality of SCO is much higher than diluted bitumen (WCS) and is even marginally better than some conventional light / sweet blends. Refineries will receive a maximum payment of 1.8 cents per litre when the margin they make per barrel of oil falls to $7.30. Nearly 390,000 barrels a day make their way to PADD III (U.S. Gulf Coast) by railcar, the Keystone pipeline, and Enbridges Mainline via the Mid-Valley pipeline system. In 2021, only 14 petroleum liquids pipeline projects were completed in the U.S., which was the lowest amount of new pipelines and expansions since 2013. In 2019, U.S. oil production hit a record high of 12.3 million barrels per day. The EIA expects U.S. oil production to rise to 11.91 million barrels. As more countries set targets to phase out gasoline and diesel vehicles, demand for key battery minerals like lithium and nickel is expected to continue to rise. Raw Material Price Volatility And Rapidly Depleting Crude Oil Refined petroleum products, chemicals and chemical products, coke, and intermediate goods were among the industries that were heavily impacted. Explore North America's crude oil pipelines and refineries across the U.S. and Canada in our interactive map. To help better understand these trends, U.S. In 2021, Canadian exports from the U.S. Gulf Coast averaged more than 180,000 bpd, reaching nearly 300,000 bpd in December, a record, according to Matt Smith, Kpler's lead oil analyst for the . 2. 1. written by Dean Smith. How many oil Refinerys are there in the US? Oil refinery capacity Canada by region 2019 | Statista Try our corporate solution for free! The Crown (i.e., Alberta) owns the mineral rights for approximately 81% (53.7 million hectares). We use cookies to ensure that we give you the best experience on our website. C-suite? Overall, operating U.S. refineries had a capacity of about 17.7 million bpd of oil and produced about 9.5 million bpd of gasoline, 4.7 million bpd of diesel fuel and 1.3 million bpd of jet fuel in 2021. Mandala Tweed Stripes Shooting Star, Population Data: Based upon EPA Enforcement & Compliance History Online (ECHO), and the 2010 U.S. Census and American Community Survey. +971 48819803. . Enbridge is the countrys largest midstream company and based in Calgary, Alberta. Accessed January 19, 2023. https://www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/, BP. 2. This interactive graphic uses data from Rextag to map out crude oil pipelines and refineries across the . The payment will decline to zero if margins increase to $10.20 per barrel. President Biden has blamed Russian President Vladimir Putin for the recent surge in US gas prices. Refineries in New Brunswick, Quebec, Ontario and Newfoundland and Labrador are largely responsible for the tens of billions in foreign oil imports into Canada each year. Canadian refineries provide us with the components needed to make many of the day-to-day products we all rely on. The cost of a new refinery is pegged at $10 billion, and would take years to construct. ">. Number of employees: 9,709. Access to this and all other statistics on 80,000 topics from, Show sources information United States oil refining. Topping Oil Refinery This is a list of oil refineries. Key measures include a $300 one-off energy allowance for workers, in addition to $147 million in . For starters, these facilities refine oil into several components which are then used by various industries to create the products we rely on and use every day. It has been 43 years, in fact, since Marathon Petroleum opened its spanking-new 200,000 barrel of oil per day (bopd) refinery in Garyville, Louisiana in 1977. In 2014, U.S. pipelines transported almost all of the natural . In a recent interview with Fox Business, American Petroleum Institute President Mike Sommers stated that 11 US gas refineries closed over the past two years. torrent young xxx. Gasoline contributes for over 40% of demand nationwide, with distillate fuels accounting for nearly a third of sales and heavy fuel oil accounting for barely 8%. Here are the 10 countries with the most oil reserves: Venezuela - 303.8 Saudi Arabia - 297.5 Canada - 168.1 Iran - 157.8 Iraq - 145 Russia - 107.8 Kuwait - 101.5 United Arab Emirates - 97.8 United States - 68.8 Libya - 48.4 Oil Reserves by Country 2022 Show Sources Most of the refinery closures occurred in western countries, the data showed. *Includes only refineries with atmospheric crude oil distillation capacity. In recent years, this refinery has relied entirely on oil tankers from the U.S. for its feedstock supply. Canada is home to 18 refineries: 5 in Alberta, 5 in Ontario, 2 in British Columbia, 2 in Saskatchewan, 2 in Quebec, 1 in New Brunswick, and 1 in Newfoundland and Labrador. Together they have a total refining capacity of nearly 2 million barrels of oil a day. Valero, through its subsidiaries, owns 15 petroleum refineries in the United States, Canada and the United Kingdom, and 12 ethanol process plants in the U.S. Valero is headquartered in San Antonio, with offices in Montreal, London, Mexico City and Lima, Peru, and a Payment Service Center in Amarillo, Texas. Antero Resources Best Oil Stock for Momentum. Together they have a total refining capacity of nearly 2 million barrels of oil a day. Quebec spent more than $5.5 billion on oil imports in 2019, all from the U.S. Atlantic Canada is home to just two refineries. The mayor of Sarnia, a city in southern Ontario known as a petrochemical and refining hub, says there could be at least 5,000 job losses if Michigan is successful at shutting down the pipeline. These prices may differ from price action seen around the world. And North America is a major oil hub. A new one hasn't been built in Canada since 1984, or in the United States since 1976, although new. How many refineries are in Canada . Oil and petroleum products explained Refining crude oil Basics The refining process Inputs & outputs Refinery rankings +Menu Top 10 U.S. refineries operable capacity* As of January 1, 2022 See full list of refineries Last updated: June 21, 2022, with most recent data available at the time of update. Below weve compiled a list of facts and questions (with answers) which should help you better understand just how important refineries are to Canadians, and why we should support the men and women across the country who work in this critical industry. Irving relies heavily on Saudi Arabia and the United States for oil supply, although in late 2020 the refinery did receive one shipment of Canadian oil via tanker from Vancouver which travelled nearly 12,000 kilometres and through the Panama Canal to reach the east coast. Western Canadian Select (WCS) crude oil monthly price 2020-2022, Crude oil imports to Canada 2021, by region of origin, Revenue of leading Canadian oil and gas companies 2022, Global oil production 2010 & 2021, by select country. The amount of crude oil used in refineries in Western Canada dropped from 625 Mb/d in January 2020 to 412 Mb/d in April, and volumes increased during the year to almost 585 Mb/d in December. Here are some of the latest figures from the Canadian Fuels Association regarding the economic contribution of the refining industry: > $6.7 billion added to the economy by the refining sector Canada-wide, > $320 million amount of generated provincial and federal tax revenues, > 18,000 number of people employed directly or indirectly by the refining industry, > $300,000 value added to the economy for each worker employed by the sector, third place behind oil and gas extraction and mining and much higher than the national average of $77,000, > 1,600 number of suppliers in the supply chain supported by the refining industry, > $550 million value in feedstock for the chemical, plastic and rubber industries accounted for by refineries in Canada, Our family is a proud supporter of Canadian oil and gas.We teach our children how important this industry is and how #Canada is a world leader in #environmental protection. - Jodihttps://t.co/XhmJgP7ZPB pic.twitter.com/uvqYUYBgAb. Michigans push to shutdown Line 5 is another prime example of the importance of domestic refineries in Canada. Published by N. Snnichsen , Feb 17, 2022 This statistic illustrates the average daily oil/petroleum refinery capacity of Canada in 2019, by province. What is the largest oil refinery in Canada? Cost of imported oil . Our work identifies which organizations hold the greatest potential. Pipelines are the primary method of transporting crude oil around the world, delivering oil and its derivative products swiftly to refineries and empowering reliant businesses. Hover over a tile for details. Who are the leading players and what are their prospects over the forecast period? Location: Pacific Future is considering three options for the refinery site, all located on major water sheds. So, the crude oil inputs to the refineries averaged around 17.0 million barrels per day in 2018. Canadian Crude Oil Supply & Disposition Map (2016) - CER. BP. Global Investors releases a visualization called the Periodic Table of Commodity Returns at the outset of each year. We hope to see you there! $6.5 billion - amount spent by oil sands sector on goods and services in Ontario in 2017-2019. In this case the graphic focuses in on U.S. regional benchmarks like Powder River Basin coal and Henry Hub natural gas prices. The refinery utilization rate in 2018 was 93%. A Closer Look at the Best Oil Stocks to Invest in. 2022. ; Canada consumes 2.87 gallons of oil per capita every day (based on the 2016 population of 36,382,944 people), or 1,048 gallons per capita per year (25 barrels). I've often ondered about the lack of refineries in Canada, and why oil is shipped south for refining. ", BP, Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/ (last visited January 19, 2023), Oil refinery capacity in Canada from 2004 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. processed 61 per cent synthetic crude and 12 per cent bitumen, for example. How will the market shares for each oil refinery submarket develop from 2022 to 2032? The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day. Canadian Oil Sands Production Finds a New Outlet to the U.S. Gulf Coast Kevin Stone February 4, 2022 16 The Capline pipeline, connecting Patoka, Illinois to St. James, Louisiana, is now fully operational, transporting heavy crude oil produced in Canada's tar sands to refiners along the U.S. Gulf of Mexico. Cumulative oil imports into Canada between 1998 and 2020 totalled more than $488 billion. Saskatchewan and Alberta also import lighter oils from the U.S. to use as a diluent in heavy crudes before shipping out via pipeline. WASHINGTON, Jan 18 (Reuters) - U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming to resume maintenance delayed by the pandemic and by the lure of record-high margins, according to data provider IIR Energy and Reuters reporting. Approximately 6.7 million Americans work in the energy field. Shining a spotlight on refineries throughout the United States and Canada. All Canadians should appreciate and be grateful for the role that refineries have in our contemporary lifestyle and support the men and women who work hard in this industry everyday to make that happen! Since 2010, U.S. crude oil production has more than doubled from 5.4 million barrels a day to more than 11.5 million. As of 2021, it had generated a revenue of some 33.7 billion U.S. dollars in its previous fiscal year. In May 2022, Finance Canada announced a Can$10 billion loan guarantee from the federal government, intended to attract private financing for the remaining construction costs, despite promising no further public funding for the project in February of this year. 1. While WTI crude oil (North Americas benchmark) increased by 6.7% in 2022, Brent crude oil (Europes benchmark) was up 10.4% as Urals crude oil (Russias benchmark) fell by more than 26.5%. Businesses and industries who rely on domestic refinery production would feel the ripple effect immediately. The oil and gas industry is one of . You need at least a Starter Account to use this feature. The map also aspires to show the fast growing renewable energy power (wind, solar and hydro) locations colored in yellow. February 22, 2022 7 Min Read H Today, Valero has 15 refineries in the U.S., . But domestic energy production is once again in the spotlight due to the U.S. ban on Russian oil imports and Russias impending export ban on raw materials. Nike Air More Uptempo '96 Volt, 2020 by the numbers Alberta oil producers exit COVID-19 pandemic little scathed, Alberta adds refining capacity, as Newfoundland awaits fate of NARL, Suncor shelves Montreal coker project, in lieu of more barrels at Firebag, Alberta says yes to plastics, but no thanks to partial upgrading and oil refining, Imperial books a profit on its refining business, as upstream operations struggle to break-even, From upgrader to refinery to partial-upgrader: Value Creation hopes to revive Heartland Complex, Husky looks to sell BC refinery and exit the retail business, Alberta's NDP government takes another stab at boosting refining capacity, Discounts on Canadian crude finally start to narrow as Midwest refineries re-open for business, China offers support for new Edmonton refinery, Expanding Bruderheim and adding refining capacity - Cenovus hints at future growth plans, Husky purchases additional Midwest refining capacity and defers Canadian expansion, Chevron finds buyer for BC refinery and fuel distribution, A look at Canada's refining capacity and how we compare to the rest of the world, Vancouver's only refinery goes up for sale, Why Vancouver desperately needs a new oil refinery, Independent refiners benefit from low oil prices, 2019 CAPP CRUDE OIL FORECAST, MARKETS & TRANSPORTATION. 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Mark statistics as favorites, 2023. https: //www.statista.com/statistics/265278/oil-refinery-capacity-in-canada/, BP Statista Try our corporate for... Topping oil refinery market, 2022 United States they make per barrel and their,! Topics from, Show sources information United States oil refining locations colored in yellow oils the... Also aspires to Show the fast growing renewable energy power ( wind, solar hydro... Statistics as favorites has blamed Russian president Vladimir Putin for the refinery utilization rate in 2018, )... Pacific Future is considering three options for the recent surge in US gas.! A record high of 12.3 million barrels per day during the period between 2020 2032... Margins increase to $ 147 million in gain insights into long-term trends and patterns in commodity prices this!, in addition to $ 7.30 5 is another prime example of the natural is more critical now than any! By earthjustice billion U.S. dollars in its previous fiscal year point over the last years. 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