Global Oil Refining Capacity: China and the U.S. Dominate
China and the U.S. account for 36% of the world’s oil refining capacity, and only five economies control half of the world’s capacity.
China’s Dependence on Strategic Fuel Imports and Opportunities for Global Fuel Exporters
China is the world’s largest consumer of energy and runs large trade deficits for primary fuels, especially crude oil and petroleum gases.
Global Investment in Clean Energy and Fossil Fuels in 2025
The future of energy is clean and electric, with record investment of USD 2.2 trillion in clean energy in 2025, led by China.