The investment will be across several years and will see its capacity increase from its current 12 million bpd. On Thursday, Saudi Arabia’s energy minister Khalid al-Falih said, the Kingdom will invest $20 billion in the coming years to maintain… Read More ›
augmentation
U.S. Crude oil export boom will test limits of its infrastructure
To tap the booming U.S. crude oil export potential, many port operators are expanding facilities. With U.S. President Donald Trump making sustained efforts at boosting export levels of the country, tankers carrying record levels of crude oil are leaving ports… Read More ›