Videos
How we survived $2/bbl oil - Dr. Sam Avasthi
13 June 2016
Lean and mean companies will weather this current storm, petroleum engineer and consultant Dr. Sam Avasthi says, but commodity cycles are not unique. World Oil sat down with Dr. Avasthi, and he told us in 1957 during a meeting held in the Exxon building in downtown Houston, how people wondered when crude oil would go above $3/bbl.
Current Digital Edition

Sign up to Receive Our Newsletter
Latest News
- KazMunayGas starts building polyethylene plant with Sinopec, SIBUR 4/1
- Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants 4/1
- Lummus successfully starts up PFAS demo unit to destroy "forever chemicals" 4/1
- Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant 4/1
- Shell completes Singapore refinery sale to Chandra Asri-Glencore JV 4/1
- Japan's Maruzen Petrochemical to shut ethylene unit in Chiba 4/1
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction