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Cost inflation is here: the battle between margins and cost discipline intensifies
Global upstream cost inflation is intensifying. Coming into this year, we forecasted unit costs would rise 7-10%. We now forecast like-for-like cos...
CPChem and QatarEnergy blaze ahead to add 20% of US HDPE capacity
CPChem and Qatar energy have confirmed plans of building the world's largest integrated ethylene-polyethylene complex in Orange, Texas. The project...
BP exits refining in Australia: Announces to shut Kwinana refinery
BP has operated its Kwinana refinery for over 65 years, last week the announcement came they will pull the plug on refining and turn it into an imp...
Belgium energy markets long-term outlook H1 2015
Total energy demand has been volatile in recent years, partly attributable to the economic recession of 2008-09. We expect efficiency gains and the...
Albania energy markets outlook 2015 - overview
Since the end of the communist era in 1992, Albania has had a challenging transition towards a market economy. Albania is one of the poorest countr...
Another refinery closure in Japan - more to come?
In January 2022, ENEOS announced that Wakayama refinery will be permanently shut by October 2023. The announcement came after the closure of Osaka ...
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