Petroleum

Oil refinery

We serve our customers in the petroleum industry with more than 35,000 assets as well as a suite of financial products, including full-service and net leases. GE invests in up-to-date technology, ensuring that petroleum shipments arrive at their destination safely and efficiently.

Overview

Moving petroleum by rail provides customers with a reliable and economical means of transporting bulk materials safely and efficiently. The U.S. Department of Energy estimates that more than 20 million barrels of petroleum are consumed in the U.S. each day; clearly, understanding the business and regulatory needs involved in the transportation of this commodity is indispensable knowledge.

GE has the industry experience to serve our customers with tailored services to meet their needs and a maintenance network in place that ensures all assets meet and exceed all regulatory standards. With more than 35,000 assets and a range of full-service and net leases, our customers receive solutions with value-added benefits available from GE.

GE takes a proactive approach to safety and regulatory issues, especially in situations where hazardous materials are traveling cross-country. We use our experience in the industry to maintain our fleet and provide the most up-to-date technology so our customers can trust their product to arrive at its destination safely and efficiently.