Petroleum Refining in Australia - IBISWorld Industry Market Research

Petroleum Refining in Australia

Petroleum Refining in Australia - IBISWorld Industry Market Research
Petroleum Refining in Australia
Published Sep 13, 2012
32 pages — Published Sep 13, 2012
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The Petroleum Refining industry is the province of four large oil companies: BP, Shell, Caltex and ExxonMobil. At the start of 2012-13, the first three of these companies each operated two refineries and ExxonMobil operated just one, having mothballed a smaller refinery several years ago. However, Shell is due to close its small Clyde refinery in Sydney by the end of September 2012, and other refinery closures are in the pipeline.

In mid-2012, Australia's total refinery capacity amounts to about 45,430 megalitres, including three lubricating oil refineries with a capacity of about 650 megalitres, but refinery output is expected to be only 35,305 megalitres in 2012-13.

Firms in this industry refine crude oil or condensate (a light form of oil) to produce petrol, fuel oil, aviation fuel, lubricating oil, grease base stock, petroleum gases and other petroleum products. These products are then marketed by wholesalers and retailers, which may also be owned by firms that operate refineries.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Petroleum Refining in Australia" Sep 13, 2012. Alacra Store. Oct 22, 2016. <>
IBISWorld Industry Market Research. (2012). Petroleum Refining in Australia Sep 13, 2012. New York, NY: Alacra Store. Retrieved Oct 22, 2016 from <>
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