Skip to main content

Refiners seek innovative tools for risk management

Battered by tight margins and volatile oil markets, refiners are exploring a range of innovative tools to contain costs and improve risk management. Alexander Osipovich reports

Old dog - new tricks

Recent times have been extremely tough for the refining sector worldwide. Europe’s largest independent refiner, Petroplus, filed for bankruptcy in January, brought down by a combination of weak margins, high crude prices and tight credit. In the US, refiners on the east and west coasts – which lack access to the cheap oil from the mid-continent, and must pay lofty Brent-linked prices for their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Want to know what’s included in our free membership? Click here

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here