Third phase of major deep-water project delivered, optimising production capacity Shell and its joint venture announce the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's ...
Polyethylene shipments from Singapore to India are expected to pick up in the long term following a free trade agreement taking effect December 1, sources said Friday. But sources in both markets do not expect this to have much impact ...
Tags: Polyethylene, Polymer, LLDPE plant
The World Bank has called on Bangladesh to raise domestic natural gas prices after five years without an increase. "The administered price of domestically produced natural gas is fixed at a level considerably below that of the ...
Tags: Natural Gas, Domestic Prices
In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...
Tags: Natural Gas, gas pricing, OIL's production
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained and Shell will now hold a 73% ...
Tags: Shell, Parque das Conchas project, purchase
Petrobras announces that the first extension well 3-BRSA-1194-SES (3-SES-178) drilled in the Moita Bonita area, on concession BM-SEAL-10, has confirmed the extension of the gas and light oil discovery, as released to the market on August ...
India faces several challenges in exploring for shale gas and commercial production may be expected only in another 10 years, Maria van der Hoeven, executive director of the International Energy Agency, said Wednesday. Shale gas is ...
Flowserve has received a key order to supply an advanced design multiphase pump package to M/s SEW Infrastructure Ltd. for their end user, Oil and Natural Gas Corporation Limited (ONGC), for its HZ platform (Mumbai High) located off the ...
It's reported that Russia's TMK said that it has shipped around 3,500 tons of strength grade X60QS oil-and-gas pipes with outside diameters of 273.1mm and 323.9mm which are produced at Volzhsky Pipe Plant to India's Oil and Natural Gas ...
Tags: Construction, steel, Metallurgy, Mineral, Energy
Russian pipemaker TMK has informed that it has shipped 3,500 mt of oil-and-gas pipes with an outside diameter of 273.1 mm and 323.9 mm of strength grade X60QS produced by Volzhsky Pipe Plant ( a part of TMK Group) for the construction of ...
Tags: pipemaker, Offshore Pipelines
The average production margin for Asian purified terephthalic acid in May rose to minus $48.89/mt, the highest level seen since July 2012, amid firm PTA demand for polyester, Platts data showed. In April, the average stood at minus ...
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
Iran is re-appraising an offshore oil field that India's Oil and Natural Gas Corporation (ONGC) had abandoned as commercially non-viable, the semi-official Mehr news agency reported Wednesday. "The project is at the stage of processing ...
ONGC, which had hired Citigroup, RBS and Standard Chartered to rate the bond issue, will use proceeds to fund the acquisition of stakes it bought in the Azerbaijan oilfields late last year. The company had bought US energy company Hess ...
Tags: ONGC, hydrocarbons, gas, oil