(EnergyAsia, February 24) — While investor appetite in the oil refining industry has been transformed and asset prices rising with it, UK-based consultant Wood Mackenzie believes that if all of the announced refinery capacity additions come on stream, the refining industry could return to a position of overcapacity and low-returns. At the end…
MARKETS: UK consultant questions if refining is headed for overcapacity and low returns
Posted on February 24, 2006 by EnergyAsia