GCC refining ramp up heats up global competition
The GCC countries are in a diversification drive away from crude oil export dependency, but as global capacity also rises, increasing competition means a more uncertain long-term outlook for the region’s refineries, APICORP said in its new energy research......
Weathering energy’s changing dynamics (1)
Pipeline discusses the underlying current of change in the global hydrocarbons industry with Edward Daniels, executive vice president – Commercial and New Business Development at Shell Upstream International.
CCS: Enhancing recovery, reducing emissions
Carbon capture and storage will play an important role within the UAE’s energy sector and globally in sustaining oil production and reducing hydrocarbons emissions, writes expert.
Middle East oil refining boom brings competition
More than 7 million barrels per day of new, global crude oil refining capacity is expected to come online by 2020—nearly a third of that located in the Middle East. This trend will have significant competitive implications for Asian refiners.