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Moein 🎩
@mastermoein
1/2 Wood Mackenzie’s latest report on the outlook for oil and refinery activities. The next decade is expected to be highly critical for the refining industry, with more than a hundred refineries around the world—especially in Europe and China—at risk of closure.
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Moein 🎩
@mastermoein
2/2 Europe has already begun reducing its fossil fuel consumption and will continue to do so. Meanwhile, China is also rapidly moving in the same direction. As a result, gasoline consumption for vehicles is projected to steadily decline.
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