关键词: 石油公司, 炼油, 战略, 燃料, 可持续性, 温室气体

Abstract: In order to consolidate advantage, further expand market share and lead the future trend, the global oil majors such as ExxonMobil, Shell and BP have been adjusting their refining business strategies and portfolios under the new situation of volatile oil market, demand growth slowdown, energy structure transformation and increased competition. This paper analyzes the situation in details and studies the refining strategic adjustments of the global oil companies. These companies have changed their previous strategy which emphasizes on ‘big and comprehensive’ refining operations to pursuing excellent performance of their competitive assets, insisting on market oriented, leading in the development of disruptive technologies and promoting the low-carbon transformation. The focuses of their refining strategies concentrate on the following areas:maintain the competitive advantage of refining assets and achieve steady growth; emphasize the integration of refining and downstream business; focus on the expansion of key markets and think twice of investment on new projects; maintain leading status in technology innovation and highlight the technical support for business development; make low carbon strategy one of the priorities in advance to enhance the flexibility and adaptability of refining business in the future low carbon scenario. Chinese oil companies could learn experiences from the strategic adjustment of refining business by global oil majors to strengthen their downstream business.

Key words: oil companies, refining, strategy, fuel, sustainability, greenhouse gas