Downstream energy organizations encompass two wildly different sectors: refining and marketing. In some cases, these differences can create an “us versus them” mentality – which leads to less efficiency and lower profitability overall. Refiners turn raw crude oil into...
As retreating Iraqi military forces exited Kuwait during the first Gulf War, they intentionally set hundreds of oil wells on fire. This 1991 incident led to months of Herculean efforts to extinguish these fires and cap these wells. While the exact figure can never be...
