Oil refiners close plants amid demand slump
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Oil refiners are shutting down processing plants in Asia and North America, and facilities in Europe could be next, as global fuel demand remains below levels seen before the coronavirus pandemic
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United States

Europe

Australia

Japan Philippines

New Zealand

Refinery closures

Possible threat of closure

Conversion to biodiesel

*Barrels per day

Global oil demand on track to slump by 7.9 million bpd*, or about 8%, in 2020
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UNITED STATES
Marathon plans to halt refining at Martinez, California, and Gallup, New Mexico

Phillips 66 to close refinery in Santa Maria, California, in 2023

Phillips 66 refineries in Rodeo, California, and Dickinson, North Dakota, to become biodiesel plants

HollyFrontier facility in Cheyenne, Wyoming, to produce biodiesel
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EUROPE

Belgium: Gunvor Group could mothball 110,000-bpd refinery in Antwerp

Other plants on list of potential closures

France: Total’s 102,000-bpd Grandpuits refinery

Netherlands 377,000-bpd BP facility in Rotterdam

UK: Petroineos’ 200,000-bpd plant in Grangemouth, Scotland
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ASIA-PACIFIC 

Japan: Planned closure of 115,000-bpd JXTG Holdings Osaka refinery in 2021

Philippines: Royal Dutch Shell to shut 110,000-bpd Tabangao facility

Australia: Viva’s 120,000-bpd Geelong refinery at risk

New Zealand Refining NZ’s only plant could become fuel import terminal
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Sources: Bloomberg, LA Times, Reuters, SMH Picture: Getty Images © GRAPHIC NEWS