According to a report by Booz Allen Hamilton, in oil and gas, 2016 was a year of continued overproduction. The resulting oil inventory overhang...
FEATURES & ANALYSIS ARCHIVE
Residual oil in in mature oil fields constitutes up to 67 percent of the total petroleum reserves in the world. One promising tertiary oil recovery method is microbial enhanced oil recovery, which employs microorganisms to pull out remaining oil from reservoirs.
The Middle East petrochemical industry has developed rapidly from very modest beginnings to a multibillion dollar business. In the last several years the industry has witnessed major changes and disruption globally and the key to overcoming new challenges is innovation and development.