European refining at the Rubicon again – which assets will make it over?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
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Executive Summary
- Medium-term refining outlook
- Risk factors we have used and some we have not
- Not all refineries in the bottom quartile will actually close – what other factors do we consider?
- Refineries most at risk
- Would this be enough to get utilisation levels back on a more sustainable basis?
- Conclusion
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Appendix
- Methodology
- Overview
- Wood Mackenzie net cash margin analysis 2018
- Petrochemical integration
- Recent/future planned investments
- Forthcoming major turnaround
- Upstream integration/equity crude processing
- Carbon Intensity
- Ownership, policy and other non-market
- Strategic Value
- Community
Tables and charts
This report includes 3 images and tables including:
- 2018 NCM chart – highlighting 4th quartile assets on the closure threat analysis
- European NCM 2018 vs 2023
- Fourth quartile refineries – closure threat analysis
What's included
This report contains: