Baker & O’Brien is one of the crucial skilled power consulting corporations dealing with the technical and economic issues related to petroleum refineries. Our assignments have ranged from litigation assist and testimony to feasibility research on fashionable “grassroots” refineries to studies of the costs concerned in “mothballing” or completely closing older, uneconomic facilities. We will analyze and suggest the optimum feedstock slates for particular person refineries; evaluate competing process applied sciences; make suggestions for decreasing operating prices and improving product yields; and undertake market research to help investment. An vital a part of our petroleum refining apply entails the valuation of current refining assets for a variety of purposes, together with collateral for financing; insurance coverage coverage; honest value in a public transaction; advert valorem tax value; and worth in an acquisition or divestiture. By our proprietary PRISM TM modeling system, now we have quick entry to technical and financial fashions of just about every refinery in the U.S., Australia, Canada, Singapore, and 70% of European refineries.