Gulf refining capacity is up by one-third since 2017 to ~10.5 mb/d, lifting gasoline output to ~2.4 mb/d and doubling exports to ~654 kb/d. The large increase in refining capacity has, however, ...
IEA sees region’s oil demand rising Middle East to remain top exporter Region to expand natural gas output The Middle East’s share of global oil production will climb to 40 percent by 2050, from 31 ...
Middle East National Oil Companies are expanding capacity and international portfolios, with over 6.5 million bpd of surplus crude capacity and $400 billion in project sanctioning through 2035, ...
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