Petroleum Products: Refining and Distillation (Lubricants, Waxes and Petrochemicals) Manufacture of Crude Oil, Gasoline, Kerosene, Absorbent, Oils, and Fuels Oils, Petroleum Asphalts
Petroleum refineries are large, capital-intensive manufacturing facilities with extremely complex processing schemes. More than 660 refineries, in 116 countries, are currently in operation, producing more than 85million barrels of refined products per day. Each refinery has a unique physical configuration, as well as unique operating characteristics and economics.
Rising crude oil prices powered revenue growth as refiners have passed costs down the distribution line. Since 2011, profit has steadily recovered in line with improving demand, while low domestic oil prices further bolstered margins. In 2016, profit is anticipated to rise slightly, though it remains below historic levels. This industry is anticipated to recover over the next five years as fuel prices rise and consumption increases.
India remains one of the least-explored countries in the world, with a well density among the lowest in the world. With the annual demand crossing above 100 million tonne, India is the fourth largest oil consumption zone in Asia, even though on a per capita basis the consumption around 0.1 tonne, the lowest in the region- This makes the prospects of the Indian Oil industry even more exciting.
Niir Project Consultancy Services
106-E, Kamla Nagar, Near Spark Mall,
New Delhi-110007, India.
Email: [email protected]
, [email protected]
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Asphalt crude oil, Asphalt Manufacturing Process, Asphalt Production and Oil Refining, Asphalt production plant, Asphalt refining process, Best small and cottage scale industries, Business guidance to clients, Business guidance, Business Plan for a Startup Business, Business start-up, Chemical Thermodynamics for Industry, Crude oil distillation process, Crude Oil Processing, Crude oil refining process, Distillation and Refining of Petrochemicals, Distillation and Refining of Petroleum Products, Distillation in the Petroleum Industry, Distillation of Petroleum Products, Feedstock for petrochemicals, Great Opportunity for Startup, How Asphalt Is Produced, How lubricating oil is made, How to get petrol from crude oil?, How to start a business Oil Refinery (Petroleum Products), How to Start a Petroleum Production Business, How to Start a Petroleum refining and distillation industry?, How to start a successful Petroleum products making business, How to start Petroleum Products manufacturing in India, Lube Oil manufacturing, Lubricating oil manufacturing process, Lubricating oil refining process, Manufacture of Absorbent, Manufacture of Asphalt from Petroleum, Manufacture of Crude Oil, Manufacture of Fuels Oils, Manufacture of Gasoline, Manufacture of Kerosene, Manufacture of Oils, Manufacture of Petroleum Asphalts, Manufacturing Process of Lubricants, Method for distillation of petroleum products, Modern small and cottage scale industries, Most Profitable Petroleum Processing Business Ideas, New small scale ideas in Petroleum processing industry, Oil and gas production, Oil refinery in India, Oil refinery, Petro products manufacturing, Petroleum asphalt production process, Petroleum Based Small Scale Industries Projects, Petroleum Distillation, Petroleum Fuels Manufacturing, Petroleum Processing Projects, Petroleum Products manufacturing Industry in India, Petroleum Products Refining Business, Petroleum Products, Petroleum Refinery, Petroleum refining and distillation Business, Petroleum Refining and Petrochemical Processes, Petroleum refining process, Petroleum Refining, Processing & Refining Crude Oil, Processing of Petroleum Based Profitable Products, Profitable small and cottage scale industries, Profitable Small Scale Petroleum products manufacturing, Project for startups, Refinery Crude Oil Distillation Process, Refining of petroleum by fractional distillation, Refining of Petroleum, Refining process of Lubricants, Refining process of Waxes, Refining: From Crude Oil to Petroleum Products, Setting up Petroleum refining and distillation Business, Small scale Commercial Petroleum products making, Small Scale Petroleum Processing Projects, Small scale Petroleum products production line, Start up India, Stand up India, Starting a Petroleum Processing Business, Start-up Business Plan for Petroleum products manufacturing, Startup ideas, Startup Project for Petroleum products manufacturing, Thermodynamics of petroleum, Uses of Petroleum asphalt