Global refining capacity of key oil majors 2023

Crude refining capacity of select oil companies worldwide in 2023

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Release date

2024

Region

Worldwide

Survey time period

2023

Supplementary notes

This statistic was compiled using information presented in the companies' respective annual reports and represents data for each company's respective fiscal year ended 2023, except where otherwise stated. 

BP: 2023 Annual Report, page 352.
ENEOS: ENEOS report 2024, page 14.
ExxonMobil: 2023 Form 10-K, page 26.
Marathon Petroleum: 2023 Form 20-F, page 4.
Phillips 66: 2023 Form 20-F, pdf page 17.
Petrobras: 2023 Form 20-K, page 97.
Saudi Aramco: 2023 Annual Report, page 14. 14
Shell: 2023 Annual Report, page 69. 68
Sinopec (China Petroleum & Chemical Corporation): 2023 annual report, page 13.
TotalEnergies: 2023 Form 20-F, pdf page 183.
Valero: 2023 Form 10-K, pdf page 13.

* Data for Sinopec manually added and calculated from metric tons per year to barrels per day by Statista using the conversion factor 7.33 for crude oil.
** Data for Saudi Aramco was rounded.
*** Data for ENEOS as of June 30, 2024.

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