An oil refinery is an industrial plant that transforms, or refines crude oil into various usable petroleum products such as diesel, gasoline, and heating oils like kerosene. Oil refineries essentially serve as the second stage in the crude oil production process following the actual extraction of crude oil up-stream, and refinery services are considered to be a down-stream segment of the oil and gas industry.
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International Trade
International Trade
SHELL EP MIDDLE EAST HOLDING BV's business portfolio includes a robust trading division, enabling the efficient realization of its oil and petroleum product resources. This trading arm not only optimizes the sale of the company's own hydrocarbons but also generates additional profits through trading in purchased hydrocarbons. Operating globally through its subsidiary, the company engages in trading operations worldwide.
Key functions of the trading business include maximizing the efficiency of selling in-house oil and oil products and enhancing profits through the strategic trading of acquired hydrocarbons. SHELL EP MIDDLE EAST HOLDING BV establishes long-term relationships with major refineries across regions like Southeast Asia, the United States, Canada, and others. Additionally, the company supplies European refineries within its corporate group.
Significantly, the trading business contributes to about 40% of all trading activities, emphasizing the substantial role it plays in the overall operations of SHELL EP MIDDLE EAST HOLDING BV. This approach not only ensures effective utilization of the company's own resources but also positions it strategically in the global hydrocarbons trading landscape.
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What Is Shell EP Middle East Holding Oil Refinery?
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How Much Crude Oil Does It Take to Make a Gallon of Gasoline?
One barrel of oil (42 gallons) produces 19 to 20 gallons of gasoline and 11 to 12 gallons of diesel fuel
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Oil Refinery Safety?
Oil refineries can be dangerous places to work at times. For example, in 2005 there was an accident at BP's Texas City oil refinery. According to the U.S. Chemical Safety Board, a series of explosions occurred during the restarting of a hydrocarbon isomerization unit. Fifteen workers were killed and 180 others were injured. The explosions occurred when a distillation tower flooded with hydrocarbons and was over-pressurized, causing a geyser-like release from the vent stack.