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(Investing) – LONDON -OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries’ crude intake would remain elevated to meet the uptick in summer travel, helping to support the demand outlook. Global refinery crude intake posted a sharp increase of 2.1
Based on the well tests carried out prior to March 2025, the well is currently proven to be capable of producing 1,200 bpd, which is transported by truck to the Danube Refinery in Szzhalombatta. MOL has ambitious E&P investment plans. (World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary.
Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources. Investment opportunities in this area include direct investment in E&P companies, partnerships, and joint ventures.
Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Assets: Downstream assets include refineries, petrochemical plants, distribution networks, and retail outlets (gas stations). It also includes the distribution and sale of these products to consumers.
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