World's Top 25 Largest Refining Companies, Jan 1, 2011 -- OGJ

by David Rachovich

World's Top 25 Refining Companies 

Rank  Jan 1, 2011	Rank  Jan 1, 2010	Company	Crude Capacity, barrels per calendar day (b/cd)*
1.	1.	ExxonMobil Corp. [USA]	5,783,000
2.	2.	Royal Dutch/Shell [NL/UK]	4,509,239
3.	3.	Sinopec [China]	3,971,000
4.	4.	BP [UK]	3,325,050
5.	5.	ConocoPhillips [USA]	2,778,200
6.	10.	Chevron Corp. [USA]**	2,755,600
7.	7.	PDVSA [Venezuela]	2,678,000
8.	6.	Valero Energy Corp. [USA]	2,616,500
9.	8.	CNPC [China]	2,615,000
10.	9.	Total [France]	2,451,106
11.	11.	Saudi Aramco [Saudi Arabia]	2,433,000
12.	12.	Petrobras [Brazil]	1,997,000
13.	13.	Pemex [Mexico]	1,703,000
14.	14.	NIOC [Iran]	1,451,000
15.	15.	JX Nippon Oil & Energy [Japan]	1,423,200
16.	16.	Rosneft [Russia]	1,293,000
17.	17.	OAO Lukoil [Russia]	1,217,000
18.	18.	Marathon Petroleum Co [USA]	1,188,000
19.	19.	Repsol YPF SA [Spain]	1,105,000
20.	20.	KNPC [Kuwait]	1,085,000
21.	21.	Pertamina [Indonesia]	993,000
22.	22.	Agip Petroli SPA [Italy]	904,000
23.	23.	Sunoco Inc [USA]	825,000
24.	24.	SK Corp. [South Korea]	817,000
25.	25.	Flint Hills Resources [USA]	816,525

Notes: Major changes of positions in the above table since Jan. 1, 2010, involve only Chevron; Valero moves down two notches; China National Petroleum Co. and Total each moves down a notch. Chevron's move is based on capacity increases at GS Caltex and Caltex Australia. Valero completed the sale of refineries. On December 17, 2010, Valero Energy Corp. announced the completion of the sale of its 185,000 b/d refinery at Paulsboro, N.J. to PBF Holding Company LLC, a wholly owned subsidiary of PBF Energy Company LLC of Greenwich, Conn. In April 2010, Swiss refiner Petroplus Holdings agreed to buy Valero's Delaware City refinery via its investment joint venture PBF Energy. CNPC moved as a result of Valero's changes, and Total reported decreased capacities. Other refiners remained at the same ranking as they started the year. � Please read Warren R. True and Leena Koottungal, "Global Capacity Growth Slows, But Asian Refineries Bustle," OGJ, Dec 6, 2010.

*Includes partial interests in refineries not wholly owned by the company.  **Includes holdings in Caltex Oil and GS Caltex.

Source: Oil & Gas Journal, Dec 6, 2010.

(Please see my post "Top 10 Largest Refining Companies in Asia, the USA and Western Europe," here. Also, please see Aaron and David Rachovich, "World's Top 21 Largest Oil Refineries," including notes, here. Furthermore, please see my post "Top 20 Largest Refining Companies/Refiners in the U.S. as of Jan 1, 2011." Update: "World's Top 25 Largest Refiners, Jan 1, 2013 -- OGJ." -- D.R.)