Bloomberg
Six Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon
(Bloomberg) — Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of global crude processing capacity. Yet, Asian refiners are expanding at a breakneck pace, even building massive new plants designed to run for at least half a century.What is going on?After a century of…
Source link
