Insight

Value creation for rapid response and long-term resilience in refining

The current environment has created uncertainties in demand across all geographical markets.

Olli Valikangas

Olli Valikangas

Principal, Energy and Natural Resources, KPMG US

+1 312-665-3436

Richard Metzner

Richard Metzner

Advisory Managing Director, Strategy, KPMG US

+1 312-665-3995

Casey Hinson

Casey Hinson

Director Advisory, Strategy, KPMG US

+1 713-319-2000

COVID-19 is having a strong effect on the demand for refined products and creating uncertainty around the financial resilience of many refining operations. As a result we believe refiners can benefit from a more aggressive look at ways to manage and identify cost savings in a way that protects cash flow and maintains an eye on long term performance and resilience as markets bounce back.

In the current market conditions KPMG’s data-driven approach to improving performance for our clients can be quickly deployed to look at the four stress areas and identify meaningful value levers for today and the long term. 

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