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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
First-quarter 2014 financial results – North American refineries
First-quarter 2014 financial results continued a three-year trend of North American refineries showing considerably higher profitability than European refineries as measured by earnings per barrel processed, reports the US Energy Information Administration (EIA). While many factors contribute to refinery profitability, lower North American crude oil prices compared with world prices have been a key factor driving this outcome, it claims. North American refiners’ earnings per barrel processed were more than $6/b higher than their European competitors for the first three months of 2014, based on an analysis of 26 energy companies with refinery operations that submit financial and operating information by segment to the US Securities and Exchange Commission (SEC).
