May 17, 2010 / 3:04 PM / in 9 years

FACTBOX-The oil majors' shrinking refining capacity

 May 17 (Reuters) - Oil majors have led the divestment of refining capacity as refining margins have collapsed from record levels in 2008.
 The following is a table of equity oil refining capacity held by ExxonMobil (XOM.N), Total (TOTF.PA), BP (BP.L), and Royal Dutch Shell (RDSa.L), Chevron (CVX.N) and ConocoPhilipps (COP.N).
 Information is drawn from the companies, including their reports and websites.
 Figures for crude distillation capacity expressed in thousand barrels per day unless specified. They are the most recent available figures, dating back to no earlier than 2009.
 They show the year in which refining capacity in barrels per day (bpd) reached a peak and the percentage decline from that level.  The scale of the fall and the percentage changes are calculated by Reuters. Companycurrent+  peak/ capacity Geographical base
                  year  fall bpd
                       (percent) EXXONMOBIL
        6,232    6,666    434    US (1.97 million bpd)
                 1999    (6.5)   Canada (502,000 bpd)
                                 Europe (1.742 million bpd)
                                 Japan (680,000 bpd)
                              AsiaPacific (1.006 million bpd)
                                 Other (331,000 bpd)
 * The company was created in 1999 through the merger between Exxon and Mobil.
        3,639    4,387    748    Europe (1.519 million bpd)
                 2003   (17.1)   Africa, Asia, Australia,
                                 Oceania (935,000 bpd)
                                 US (801,000 bpd)
                                 Other Americas (384,000 bpd)
 * Shell has 15 percent of its current global refining capacity “under review.” It has been talking to some parties, including India’s Essar ESRO.BOESSR.L, for sales of its UK and German refineries.  CONOCOPHILLIPS
        2,657    2,831    174   US (1.986 million bpd)
                 2006    (6.1)  other (671,000 bpd)
 * ConocoPhillips has pulled out of plants to build a new Yanbu refinery in Saudi Arabia.   BP         2,666    3,111    445   US (1.459 million bpd)
                 2002   (14.3)  Europe (851,000 bpd)
                                Other (356,000 bpd)
 * BP has said it does not plan to sell or close any more refineries.
  TOTAL      2,594    2,708    114   France (1.081 million bpd)
                 2005    (4.2)  Other Europe (984,000 bpd)
                                US and French West Indies
                                            (182,000 bpd)
                                Asia (48,000 bpd)
                                Africa (82,000 bpd)
                                Net share of Cepsa
                                      (217,000 bpd)
 * Total plans to trim 500,000 bpd of its global refining capacity during the period of 2007-2012. It plans to shut its Dunkirk in France and sell Lindsey in the UK. One CDU in Gonfreville in France has been shut for an extended period.
  CHEVRON    2,158    2,400    242   US (1.021 million bpd)
                 2001    (10.1) Canada (55,000 bpd)
                                UK (210,000 bpd)
                                Other (762,000 bpd)
 * The company was created through the merger in 2001. It is looking to sell the Pembroke refinery in the UK.
 (Reporting by Ikuko Kurahone in London, additional reporting by Muriel Boselli in Paris)   

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