Remove Cheap Remove Libya Remove Maintenance Remove Market
article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. Amin Nasser’s aim is to go beyond global oil markets. These technical challenges will need an increased amount of investments, which will be hard to come by in today’s market.

Oil 186