The refining industry has an important role in the production of transportation and other fuels. It has a unique expertise, which is to process and convert multiple feedstocks made of highly complex molecules. Refining should think of its future by building on this unique know-how, aiming to provide low carbon fuels and chemicals needed by society, while decreasing its environmental footprint. 

As margins are under pressure, the main drive remains to optimize current refining processes to increase efficiency and lower downtime. Besides that, refineries will supply liquid fuels progressively lower in carbon intensity by increasing the use of new feedstocks, such as renewables, plastic waste and captured CO2, while integrating with other industries such as petrochemicals, biofuels and plastics recycling.