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The Bahrain Petroleum Company (BAPCO) is an integrated petroleum company that is the national oil company of Bahrain. It was founded in 1929 and discovered the first oil field in the Persian Gulf outside of Iran in 1932. Shipments of crude oil commenced in 1934 and in 1936 the first refinery in the Gulf outside of Iran was built.
Bapco Energies was intended to concentrate and refocus NOGA's oil, gas, and petrochemical development activities. [2] NOGA was abolished in September 2021. Bapco Energies became a semi-independent agency within Bahrain's Ministry of Oil and Gas. [3] As of 2022, Bapco Energies owned two corporate subsidiaries and had assets of more than US$10.2 ...
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The Bahrain Petroleum Company refinery was built in 1935, has a capacity of about 250,000 barrels (40,000 m³) per day, and was the first in the Persian Gulf. After selling 60% of the refinery to the state-owned Bahrain National Oil Company in 1980, Caltex, a U.S. company, now owns 40%. Saudi Arabia provides most of the crude for refinery ...
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The refinery closure is the latest development in the state's attempt to rid itself of gasoline and diesel vehicles to reduce pollution and greenhouse gases, but at the same time keep a lid on ...