Monday 23 December 2024
 
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downstream projects

Adnoc, OMV ink downstream projects cooperation deal

OMV, an international oil and gas company based in Vienna, Austria, said it has reached an agreement with Abu Dhabi National Oil Company (Adnoc) to explore opportunities for co-operation, among others in downstream projects. 

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Adnoc, OMV ink downstream projects cooperation deal

OMV, an international oil and gas company based in Vienna, Austria, said it has reached an agreement with Abu Dhabi National Oil Company (Adnoc) to explore opportunities for co-operation, among others in downstream projects. 

More…

‘Time for GCC to rethink downstream strategy’

Faced with increased competition in global refined products markets, subsidized prices in local markets, and overcapacity in global refining, it is a good time for GCC governments to re-evaluate their downstream strategies, a report said.

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