NOCs forecast to spend over US$116bn in new petrochemicals projects

25 October 2018, Sweetcrude, Lagos — National Oil Companies (NOCs) are diversifying beyond their upstream oil and gas core, with major NOCs forecast to spend over US$116 billion in new petrochemicals projects, according to GlobalData, a leading data, and analytics company. The company’s analysis of NOCs’ portfolios shows that while many NOCs have historically diversified … More »