Crude Oil Refiners Turning to Renewable Fuel Production – Energy Transition Strategies
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Traditional oil refineries have been slow towards processing and producing renewable fuel, despite its production starting nearly a decade ago. Considering several benefits that renewable fuel offers to consuming companies and countries, this scenario might change soon. Several oil refining companies have initiated conversion of their decommissioned or, soon to be decommissioned refineries to produce renewable fuel. Although some refiners are currently co-processing renewable fuel along with petroleum fuels in their refineries, others are also planning to join the trend. With demand for cleaner transportation fuel rising globally, oil refiners turning away from petroleum fuel towards renewable fuel with less carbon footprint, might prove to be a lucrative option in the long-term.
Scope
Overview of renewable fuel – introduction and benefits of renewable fuel
Renewable fuel production from oil refineries of key countries, by 2025
Renewable fuel production plans and capacities of major refiners
Various regulations pertinent to renewable fuel in key markets
Reasons to Buy
Understand the significance of renewable fuel and the difference between renewable fuel and biofuel
Facilitate decision making based on regulations governing the production of renewable fuel in key markets
Keep abreast of key global fully converted or co-processing refinery projects and their respective production capacities of renewable fuel
Assess your competitor’s plans with regards to converting to renewable fuel production
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