Key Players In European Oil Refining: Positioning, performance and SWOT analyses
Key Players in European Oil Refining is a new report published by Business Insights that examines market dynamics in the European Refining Sector, focussing on the top 25 refining companies. This new report details the key trends, analyzes the upgrading capacities of each of the respective companies and examines key issues confronting the industry.
Table of Contents
Key Players in European Oil Refining
Executive Summary 12
Refinery analysis 13
Competitive analysis 14
Company profiles 14
Chapter 1 Refinery analysis 18
Summary 18
Introduction 19
Refinery processing trends 19
Refinery input 19
Refinery output 20
Refinery processing gain/loss 21
Matching refining capacity with product demand 22
Upgrading by country 22
Barriers to exit 24
Impact of refining technologies 25
Rotterdam spot prices 27
Chapter 2 Competitive analysis 30
Summary 30
Introduction 31
Company sector exposure 31
Refining capacity and sophistication 32
Refining and marketing revenue benchmarks 36
Chapter 3 Company profiles 40
Summary 40
Introduction 41
BP 42
Overview 42
Refinery operations 42
Marketing operations 44
Financial overview 44
Revenue breakdown by business segments 44
Revenue breakdown by geography 45
Future strategies 46
Cepsa 47
Overview 47
Refinery operations 47
Marketing operations 48
Financial overview 48
Revenue breakdown by business segments 48
Revenue breakdown by geography 48
Future strategies 49
Chevron 50
Overview 50
Refinery operations 50
Marketing operations 51
Financial overview 52
Revenue breakdown by business segments 52
Revenue breakdown by geography 52
Future strategies 53
ConocoPhillips 54
Overview 54
Refinery operations 54
Marketing operations 56
Financial overview 56
Revenue breakdown by business segments 56
Revenue breakdown by geography 57
Future strategies 58
Eni 58
Overview 58
Refinery operations 58
Marketing operations 60
Financial overview 60
Revenue breakdown by business segments 60
Revenue breakdown by geography 61
Future strategies 62
ERG 63
Overview 63
Refinery operations 63
Marketing operations 64
Financial overview 65
Revenue breakdown by business segments 65
Revenue breakdown by geography 65
Future strategies 66
ExxonMobil 67
Overview 67
Refinery operations 67
Marketing operations 69
Financial overview 69
Revenue breakdown by business segments 69
Revenue breakdown by geography 69
Future strategies 70
Galp Energia 71
Overview 71
Refinery operations 71
Marketing operations 72
Financial overview 72
Revenue breakdown by business segments 72
Future strategies 73
Hellenic Petroleum 74
Overview 74
Refinery operations 74
Marketing operations 75
Financial overview 75
Revenue breakdown by business segments 76
Revenue breakdown by geography 76
Future strategies 77
Ineos 78
Overview 78
Refinery operations 78
Future strategies 80
Kuwait Petroleum 81
Overview 81
Refinery operations 82
Marketing operations 83
MOL 84
Overview 84
Refinery operations 84
Marketing operations 85
Financial overview 86
Revenue breakdown by business segments 86
Revenue breakdown by geography 87
Future strategies 88
Neste Oil 89
Overview 89
Refinery operations 89
Marketing operations 90
Financial overview 90
Revenue breakdown by business segments 91
Revenue breakdown by geography 91
Future strategies 92
OMV 94
Overview 94
Refinery operations 94
Marketing operations 95
Financial overview 96
Revenue breakdown by business segments 96
Revenue breakdown by geography 96
Future strategies 97
Petrom 98
Overview 98
Refinery operations 98
Marketing operations 99
Financial overview 99
Revenue breakdown by business segments 99
Future strategies 100
Petroplus 102
Overview 102
Refinery operations 102
Marketing operations 103
Financial overview 103
Revenue breakdown by business segments 104
Revenue breakdown by geography 104
Future strategies 105
Polski Koncern Naftowy ORLEN S.A. (PKN) 106
Overview 106
Refinery operations 106
Marketing operations 107
Financial overview 108
Revenue breakdown by business segments 108
Revenue breakdown by geography 108
Future strategies 110
Preem Petroleum 111
Overview 111
Refinery operations 111
Marketing operations 112
Repsol 113
Overview 113
Refinery operations 113
Marketing operations 114
Financial overview 114
Revenue breakdown by business segments 115
Revenue breakdown by geography 115
Future strategies 117
Rompetrol 118
Overview 118
Refinery operations 118
Marketing operations 119
Financial overview 119
Future strategies 121
Shell 121
Overview 121
Refinery operations 121
Marketing operations 123
Financial Overview 123
Revenue breakdown by business segments 123
Revenue breakdown by geography 124
Future strategies 125
Saras 126
Overview 126
Refinery operations 126
Marketing operations 127
Financial overview 127
Revenue breakdown by business segments 127
Revenue breakdown by geography 128
Future strategies 129
Statoil 129
Overview 129
Refinery operations 129
Marketing operations 130
Financial overview 131
Revenue breakdown by business segments 131
Revenue breakdown by geography 131
Future strategies 132
Tamoil 133
Overview 133
Refinery operations 133
Marketing operations 134
Total 136
Overview 136
Refinery operations 136
Marketing operations 138
Financial overview 138
Revenue breakdown by business segments 138
Revenue breakdown by geography 139
Future strategies 140
Appendix 142
Glossary 142
Bibliography 144
INDUSTRY/REGULATORY BODIES 144
PUBLICATIONS 144
List of Figures
Figure 1.1: Crude distillation capacity vs. upgrading ratio, by country, 2006 22
Figure 1.2: Rotterdam prices of major oil products, 2000-06 28
Figure 2.3: Relative European sectoral exposure by company, 2006 32
Figure 2.4: Crude distillation capacity vs. upgrading ratio, by company, 2006 33
Figure 2.5: Refinery sites and capacities vs. the regional average by company, 2006 34
Figure 2.6: Sectoral revenue ($m), by company, 2006 37
Figure 3.7: BP European refining presence, 2006 43
Figure 3.8: BP SWOT analysis 45
Figure 3.9: Cepsa SWOT analysis 49
Figure 3.10: Chevron European refining presence, 2006 51
Figure 3.11: Chevron SWOT analysis 53
Figure 3.12: ConocoPhillips European refining presence 55
Figure 3.13: ConocoPhillips SWOT analysis 57
Figure 3.14: Eni European refining presence, 2006 59
Figure 3.15: Eni SWOT analysis 62
Figure 3.16: ERG SWOT analysis 66
Figure 3.17: ExxonMobil European refining presence, 2006 68
Figure 3.18: ExxonMobil SWOT analysis 70
Figure 3.19: Galp Energia SWOT analysis 73
Figure 3.20: Hellenic Petroleum SWOT analysis 77
Figure 3.21: Ineos European refining presence 79
Figure 3.22: Ineos SWOT analysis 80
Figure 3.23: Kuwait Petroleum European refining presence, 2006 82
Figure 3.24: Kuwait Petroleum SWOT analysis 83
Figure 3.25: MOL European refining presence, 2006 85
Figure 3.26: MOL SWOT analysis 88
Figure 3.27: Neste Oil SWOT analysis 92
Figure 3.28: OMV European refining operation, 2006 95
Figure 3.29: OMV SWOT analysis 97
Figure 3.30: Petrom SWOT analysis 100
Figure 3.31: Petroplus European refining presence, 2006 103
Figure 3.32: Petroplus SWOT analysis 105
Figure 3.33: PKN European refining presence, 2006 107
Figure 3.34: PKN SWOT analysis 109
Figure 3.35: Preem SWOT analysis 112
Figure 3.36: Repsol SWOT analysis 116
Figure 3.37: Rompetrol SWOT analysis 120
Figure 3.38: Shell European refining presence, 2006 122
Figure 3.39: Shell SWOT analysis 125
Figure 3.40: Saras SWOT analysis 128
Figure 3.41: Statoil European refining presence, 2006 130
Figure 3.42: Statoil SWOT analysis 132
Figure 3.43: Tamoil European refining presence, 2006 134
Figure 3.44: Tamoil SWOT analysis 135
Figure 3.45: Total European refining presence 137
Figure 3.46: Total SWOT analysis 139
List of Tables
Table 1.1: Refinery input (tonnes m) by country, 1990-2006 20
Table 1.2: Refinery output (tonnes m) by country, 1990-2006 21
Table 1.3: Crude distillation capacity vs. upgrading ratio, by country, 2006 23
Table 1.4: Rotterdam prices of major oil products (US$/tonne), 2000-2006 28
Table 2.5: Crude distillation capacity vs. upgrading ratio, by company, 2006 35
Table 3.6: BP European refining presence, 2006 43
Table 3.7: Cepsa European refining presence, 2006 47
Table 3.8: Chevron European refining presence, 2006 51
Table 3.9: ConocoPhillips European refining presence, 2006 55
Table 3.10: Eni European refining presence, 2006 59
Table 3.11: ERG European refining presence, 2006 64
Table 3.12: ExxonMobil European refining presence, 2006 68
Table 3.13: Galp Energia European refining presence, 2006 71
Table 3.14: Hellenic Petroleum European refining presence, 2006 75
Table 3.15: Ineos European refining presence, 2006 79
Table 3.16: Kuwait Petroleum European refining presence, 2006 82
Table 3.17: MOL European refining presence, 2006 85
Table 3.18: Neste Oil European refining presence, 2006 90
Table 3.19: OMV European refining presence, 2006 95
Table 3.20: Petrom European refining presence, 2006 99
Table 3.21: Petroplus European refining presence, 2006 103
Table 3.22: PKN European refining presence, 2006 107
Table 3.23: Preem European refining presence, 2006 111
Table 3.24: Repsol European refining presence, 2006 114
Table 3.25: Rompetrol European refining presence, 2006 119
Table 3.26: Shell European refining presence, 2006 122
Table 3.27: Saras European refining presence, 2006 126
Table 3.28: Statoil European refining presence, 2006 130
Table 3.29: Tamoil European refining presence, 2006 134
Table 3.30: Total European refining presence, 2006 137