North Sea’s latest crude oil stream is out of fashion, but still in demand: Fuel for Thought
North Sea’s latest crude oil stream is out of fashion, but still in demand: Fuel for Thought
The razzle dazzle of US tight oil and new rules on marine fuels could have meant a chilly reception for the arrival of the North Sea’s Johan Sverdrup.
The medium sour crude grade could be the region’s last big production boost at a time when, especially in Europe, there has been a shift to cleaner, less-sulfurous fuels. But China, India and the US will likely welcome it...