Chevron plans to invest heavily in petrochemicals and heavy oil upgrading in South Korea as part of a global strategy to pursue a balanced downstream portfolio, Brant Fish, president of International Products at the U.S. supermajor, said on Monday. “There’ll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading,” Fish said at the APPEC energy conference in Singapore, as carried by Reuters. On the other hand, there will be geographies and refineries “like here in Singapore, where…
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