Oil Review Middle East - Untitled Article
Oil Review Middle East
JUNE 11, 2025
Of this, 40% is dedicated to slowing down production declines at existing fields. Saudi Arabia’s upstream oil and gas investment is the highest in the Middle East, and is set to reach US$40bn in 2025, nearly 15% higher than in 2015. Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years.
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