Editorial: The Oil Glut Spills Into A Garden Near You
"Every storage tank and swimming pool in the world will be filled with oil." - Bob Dudley, Group Chief Executive, BP
As the global upstream industry winces under the continued pressure of low oil prices, parts of the hydrocarbons industry are making proverbial hay out of the Black Gold. As the eddies of the oil glut pool and gurgle from Aberdeen to Abu Dhabi, Stavanger to San Antonio, Texas, those in the storage industry are rubbing their hands together with glee.
According to the Paris-...
To continue reading this story get free access