February 12, 2026–Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)–Industrial Info’s Global Market Intelligence (GMI) Database indicates more than 400,000 barrels per day (BBL/d) of capacity could be added to the North American Petroleum Refining Industry over the next five years, via new-build projects or unit expansions.
“We haven’t built a refinery in 10 years,” said Hillary Stevenson, Vice President of Energy Intelligence for Industrial Info. “But more capacity is expected with 170,000 BBL/d from unit expansions and another 255,000 BBL/d in new plants, though the latter is looking somewhat unlikely.”
