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National oil companies' presence to hike US refining competition

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:7151397
This paper reports that the downstream segment of the U.S. petroleum business is virtually certain to become more competitive because of the growing presence of national oil companies in the country's refining industry. That's a forecast by New York investment firm Kidder Peabody. It cites a plan by Mexico's Petroleos Mexicanos (Pemex) to form a joint venture with Shell Oil Co. covering Shell's 225,000 b/d Deer Park, Tex., refinery as the latest example of national oil companies' movement into U.S. refining.
OSTI ID:
7151397
Journal Information:
Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:38; ISSN OIGJA; ISSN 0030-1388
Country of Publication:
United States
Language:
English

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Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
COMPETITION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
INDUSTRIAL PLANTS
INVESTMENT
LATIN AMERICA
MEXICO
NEW YORK
NORTH AMERICA
PETROLEUM REFINERIES
PLANNING
USA