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In a sustained low oil price scenario, what measures have to adopted by NOCs and IOCs to maintain their bottom-line ?

SEPTEMBER 27 - 2017

Authors :

Joseph Ibrahim

What measures to maintain the bottom-line ?

Since the beginning of 2017, crude oil prices continue to fluctuate between $40 and $60/bbl. In this low oil price situation, to maintain profitability, refineries have to convert every fraction of oil into high-value products like petrochemicals using leading-edge technologies, highly active and selective catalysts, which are fundamental in our technologies, and very efficient equipment such as advanced heat exchangers or heaters...

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