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Conventional Refineries Industry, 2026-2030 - Capacity and Capital Expenditure Outlook with Details of All Operating and Upcoming Refineries

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    Report

  • 54 Pages
  • February 2026
  • Region: Global
  • GlobalData
  • ID: 6227444
Global conventional refining capacity grew only modestly from 2020 to 2025, constrained by economic implications from the COVID-19 pandemic, long-term demand uncertainty from decarbonization and EV adoption, and stringent environmental regulations. However, growth is expected to accelerate in 2026-2030 as large new projects are set to come online across Asia, the Middle East, and Africa, supported by economic growth, urbanization, and rising fuel demand. Governments are also backing expansions to strengthen fuel security, reduce import reliance, and build export-oriented downstream value chains.

Report Scope

  • Updated information on all active and upcoming (planned and announced) refineries globally.
  • Provides key details such as refinery name, operator name, refinery type, and status for all active, suspended, planned, and announced refineries in a country.
  • Provides an annual breakdown of new-build and expansion capital expenditure outlook by region and by key countries for the period 2020 to 2030.

Reasons to Buy

  • Obtain the most up-to-date information available on all active, suspended, planned, and announced conventional refineries globally
  • Identify growth segments and opportunities in the conventional refining industry
  • Facilitate decision-making on the basis of strong conventional refinery capacity data
  • Assess your competitor’s conventional refinery portfolio

Table of Contents

1. Global Conventional Refineries and Key Units Capacity Outlook
  • Key Highlights
  • Global Refining Capacity by Key Regions
  • Regional Comparison of Refining Capacity and Average Nelson Complexity Index (NCI)
  • Global CDU Capacity Additions Through New and Existing Refineries by Region and Key Countries
  • Global Key Unit Capacity Additions Through New and Existing Refineries by Region
  • Key Global New Build Refineries
2. Global Conventional Refining Industry Capital Expenditure Outlook
  • New Build and Expansion Capex of Refineries by Region
  • New Build and Expansion Capex of Refineries by Key Countries and Key Companies
3. Major Project Announcements and Cancellations
  • Key Project Announcements
  • Stalled and Cancelled Projects
4. Asia Conventional Refining Industry Outlook
  • Refining Capacity in Asia by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in Asia
  • New Build and Expansion Capex of Refineries in Asia by Key Countries and Key Companies
5. North America Conventional Refining Industry Outlook
  • Refining Capacity in North America by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in North America
  • New Build and Expansion Capex of Refineries in North America by Key Countries and Key Companies
6. Middle East Conventional Refining Industry Outlook
  • Refining Capacity in the Middle East by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in the Middle East
  • New Build and Expansion Capex of Refineries in the Middle East by Key Countries and Key Companies
7. Europe Conventional Refining Industry Outlook
  • Refining Capacity in Europe by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in Europe
  • Regional Comparison of Refining Capacity and Average Nelson Complexity Index (NCI)
  • New Build and Expansion Capex of Refineries in Europe by Key Countries and Key Companies
8. FSU Conventional Refining Industry Outlook
  • Refining Capacity in the FSU by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in the FSU
  • New Build and Expansion Capex of Refineries in the FSU by Key Countries and Key Companies
9. South America Conventional Refining Industry Outlook
  • Refining Capacity in South America by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in South America
  • New Build and Expansion Capex of Refineries in South America by Key Countries and Key Companies
10. Africa Conventional Refining Industry Outlook
  • Refining Capacity in Africa by Key Countries
  • Key Unit Capacity Additions Through New and Existing Refineries in Africa
  • New Build and Expansion Capex of Refineries in Africa by Key Countries and Key Companies
11. Conventional Refining Industry Outlook in Other Regions
  • Refining Capacity in the Caribbean by Key Countries
  • Refining Capacity in Oceania by Key Countries
  • Refining Capacity in Central America by Key Countries
  • Key Unit Capacity Additions and Capex Through New and Existing Refineries in Central America
12. Appendix
  • Abbreviations and Definitions
  • Abbreviations and Definitions (Contd.)
  • About the Analyst
  • Contact the Publisher
List of Tables
  • Global refining capacity by key regions (mmbd*), 2020-2030
  • Refining industry, Global, top 10 planned and announced (new build) refineries, 2026-2030
  • Key project announcements
  • Stalled projects
  • Cancelled projects
  • Asia refining capacity by key countries (mmbd*), 2020-2030
  • North America refining capacity by key countries (mmbd*), 2020-2030
  • Middle East refining capacity by key countries (mmbd*), 2020-2030
  • Europe refining capacity by key countries (mmbd*), 2020-2030
  • FSU refining capacity by key countries (mmbd*), 2020-2030
  • South America refining capacity by key countries (mmbd*), 2020-2030
  • Africa refining capacity by key countries (mmbd*), 2020-2030
  • Caribbean refining capacity by key countries (mbd*), 2020-2030
  • Oceania refining capacity by country (mbd*), 2020-2030
  • Central America refining capacity by country (mbd*), 2020-2030
List of Figures
  • Global refining capacity growth vis-à-vis share by key regions (mmbd)*, 2026-2030
  • Regional contribution (%) to global refining capacity, 2020-2030
  • Regional comparison based on average Nelson Complexity Index (NCI) of refineries, 2025
  • Global crude distillation unit (CDU) capacity additions through new and existing refinery expansions by region (mbd*), 2026-2030
  • Global CDU capacity additions through new and existing refinery expansions by key countries, 2026-2030 (mbd*)
  • Condensate splitter capacity additions by region, 2026-2030
  • Coking capacity additions by region, 2026-2030*
  • Catalytic cracker capacity additions by region, 2026-2030*
  • Hydrocracker capacity additions by region, 2026-2030*
  • New build and expansion capex of refineries by major regions during 2026-2030 ($B)
  • New build and expansion capex of refineries by key countries, 2026-2030 ($B)
  • New build and expansion capex of refineries by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in Asia by key countries (mmbd), 2026-2030
  • CDU capacity additions by key countries, 2026-2030
  • Condensate splitter capacity additions by key countries, 2026-2030
  • Coking capacity additions by key countries, 2026-2030
  • Catalytic cracker capacity additions by key countries, 2026-2030
  • Hydrocracker capacity additions by key countries, 2026-2030
  • New build and expansion capex of refineries in Asia by key countries, 2026-2030 ($B)
  • New build and expansion capex of refineries in Asia by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in North America by country (mmbd), 2026-2030
  • CDU capacity additions by country, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by country, 2026-2030
  • Hydrocracker capacity additions by country, 2026-2030
  • New build and expansion capex of refineries in North America by country, 2026-2030 ($B)
  • New build and expansion capex of refineries in North America by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in the Middle East by key countries (mmbd), 2026-2030
  • CDU capacity additions by key countries, 2026-2030
  • Condensate splitter capacity additions by country, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by key countries, 2026-2030
  • Hydrocracker capacity additions by key countries, 2026-2030
  • New build and expansion capex of refineries in the Middle East by key countries, 2026-2030 ($B)
  • New build and expansion capex of refineries in the Middle East by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in Europe by key countries (mmbd), 2026-2030
  • CDU capacity additions by country, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by country, 2026-2030
  • Hydrocracker capacity additions by country, 2026-2030
  • New build and expansion capex of refineries in Europe by key countries, 2026-2030 ($M)
  • New build and expansion capex of refineries in Europe by key companies, 2026-2030 ($M)
  • Refining capacity growth vis-à-vis share in the FSU by key countries (mmbd), 2026-2030
  • CDU capacity additions by key countries, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by country, 2026-2030
  • Hydrocracker capacity additions by country, 2026-2030
  • New build and expansion capex of refineries in the FSU by key countries, 2026-2030 ($B)
  • New build and expansion capex of refineries in the FSU by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in South America by key countries (mmbd), 2026-2030
  • CDU capacity additions by country, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by country, 2026-2030
  • Hydrocracker capacity additions by country, 2026-2030
  • New build and expansion capex of refineries in South America by country, 2026-2030 ($B)
  • New build and expansion capex of refineries in South America by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in Africa by key countries (mmbd), 2026-2030
  • CDU capacity additions by key countries, 2026-2030
  • Condensate splitter capacity additions by country, 2026-2030
  • Coking capacity additions by country, 2026-2030
  • Catalytic cracker capacity additions by key countries, 2026-2030
  • Hydrocracker capacity additions by key countries, 2026-2030
  • New build and expansion capex of refineries in Africa by key countries, 2026-2030 ($B)
  • New build and expansion capex of refineries in Asia by key companies, 2026-2030 ($B)
  • Refining capacity growth vis-à-vis share in the Caribbean by key countries (mbd), 2026-2030
  • Refining capacity growth vis-à-vis share in Oceania by country (mmbd), 2026-2030
  • Refining capacity growth vis-à-vis share in Central America by country (mbd), 2026-2030
  • Capacity additions for CDU, catalytic cracker, and hydrocracker units In Nicaragua, 2026-2030
  • New build and expansion capex of refineries in Central America by country, 2026-2030 ($B)