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In 1980, all BAPCO's shares were taken over by the Government of Bahrain. [1] [6] In 1978 the oil sector was nationalized and BAPCO assumed full control of the national energy sector. [5] In 1999, the current Bahrain Petroleum Company was created when the Bahrain National Oil Company, established in 1976, merged with BAPCO.
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 ...
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 ...
Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
The South Bay is in for a large-scale transformation near the Port of Los Angeles as Phillips 66 shuts down its sprawling refineries and makes way for developers to reimagine the prime real estate.
In the latest episode of his political fight with Big Oil, Gov. Gavin Newsom on Thursday called on California lawmakers to pass new requirements on oil refiners during the final two weeks of the ...
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity. Another refinery shuts down in ...
Bapco, BAPCo or BAPCO may refer to: BAPCo consortium, Business Application Performance Corporation; Bahrain Petroleum Company; BellSouth Advertising & Publishing ...