The US downstream company Marathon Petroleum has announced the indefinite idling of the 26,000 bbl/d Gallup refinery in New Mexico and the 160,000 bbl/d Martinez refinery in California (United States). The company is evaluating the strategic repositioning of Martinez to a renewable diesel facility. Marathon Petroleum owns and operates 16 refineries with a total capacity of 3 mbl/d and is building a 12,000 bbl/d biorefinery project (Dickinson Renewable Diesel project), which will comply with the California Low Carbon Fuel Standard.
The US has a refining capacity of 18 mb/d, made up of around 120 refineries, 34 of which have a capacity of over 200 000 bbl/d. The increasing production of shale oil has lifted refinery utilisation rates to high levels and has led to increasing oil products exports, despite a 5% decrease in 2019 (9.5%/year on average since 2005 to 209 Mt in 2018).
Interested in World Refineries?
Use this powerful business intelligence tool to assess current and future production capacities of oil products by country and by zone. Gain insight into companies' asset portfolios and future trends for refined oil production capacities, giving you the ultimate edge for strategy and decision-making.