1. Development of petroleum
Demand is increasing.
Reduce risk of dependence on Middle East.
Development of petroleum
Up stream
Development
Drilling
Production
Down stream
Transportation
Oil refining
Sale/Market
products or services will be surely sold. Producers will have more confidence in the future market and produce more. Such belief of booming market makes the manufacturers not to think or innovate, even to try to satisfy the customers’ needs. Take the petroleum industry for example.
One of the characteristics of this industry that believes very strongly in the beneficial consequences of an exp
light oil desulfurizing facilities, gasoline manufacturing facilities, high-class lube base oil production facilities and the BTX production facilities.
Price-Earnings Ratio / Market to Book
Oil refinery company- expected to grow in the future steadily
However, Dubai Oil Shock
approximately 20% decrease in stock price
Alternative Energy development
Seems to be Overpriced!
Market Forecast
Still being a source of cash flow
- Indispensable for national economy
- Direct and indirect regulations
- The absolute consumption amount of petroleum is still increasing
Not so attractive in long perspective
- Implementation of Carbon Exertion Right system (CER system)
- Constant decrease of Japanese oil consumption
petroleumproducts, oil refining business has increased its Crude Refining Facility is composed of the atmospheric crude distillation unit fractionating crude oil into various products, the vacuum distillation unit separating Vacuum Gas Oil and Vacuum Residue from Atmospheric residue, LPG recovery unit, the hydro treating unit removing sulfur from intermediate products of Gas Oil and Kerosene, an