Downstream Case Study 1:
Global long-term refining strategy for major oil and gas company
- Booz & Company was retained by an oil and gas super-major to jointly develop a long-term outlook for global crude refining in support of the client’s capital planning process
- Booz & Company determined the relative importance of industry margin drivers; developed demand scenarios under a range of economic, regulatory, and price environments; characterized investor segments and the likelihood of new capacity; assessed the potential for capacity creep; determined regional balances and resulting trade flows; developed high-level margin outlooks; and used this industry outlook to assess opportunities and risks across the portfolio and recommend investment decisions.
