The 50:50 joint venture plans to invest around US$1 billion over the next six years in the Saudi fuel retail market.
The 2019 edition of BP’s Energy Outlook explores the key uncertainties that could impact the shape of global energy markets out to 2040.
The US Energy Information Administration has estimated that natural gas processing plant capacity increased by about 5% in the Lower 48 states on a net basis between 2014 and 2017.
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Downstream 2019 will be taken to an entirely new level in Houston, Texas, in June 2019, with the number of attendees set to triple previous numbers.
EIA’s January Short-Term Energy Outlook forecasts that world benchmark Brent crude oil will average US$61/bbl in 2019.
Falling revenues and rising debts compelled oil and gas companies to realign their strategic objectives and reshape their portfolios, finds the company’s report.
Euro Petroleum Consultants examine the growth of the refining sector in the Middle East and North Africa.