Plastics to drive growth for Middle Eastern oil company ADNOC

As the energy transition progresses, demand for petrochemicals is expected to drive oil demand growth.
ADNOC’s acquisition of German company Covestro reflects a strategic focus on petrochemicals, gas, renewables, and low-carbon fuels.
Petrochemicals remain essential in various sectors, making oil companies’ investments in this area a hedge against declining road transport oil use.Read More