Energy Jobs Direct

North American Refiners Amend Strategies to Tackle Loss of Fuel Demand and COVID-19 Outbreak

North American refiners amend strategies to tackle loss of fuel demand and COVID-19 outbreakDemand for transportation fuel has taken a huge hit on oil refineries since late March 2020 amid COVID-19 lockdowns. Being ill prepared to tackle such sudden demand erosion at such a short notice, these refiners had no choice but to limit production, revisit business portfolios, slash capital expenditure and stall…

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