Top Stories


BPCL Cuts 2021 Capex By 36 Per Cent, COVID-19 Weighs Over the Refinery Sector
  • 15-Aug-2020 05:00 PM
  • Journalist: Timothy Greene

Hit by the pandemic blows, India’s largest fuel retailer Bharat Petroleum Corp. (BPCL) has decided to cut its FY21 capex by 36% to USD 1.1 billion (INR 80 billion) from the pre-decided amo... Read More

Pilipinas Shell Announces Permanent Closure of its Tabangao Refinery
  • 14-Aug-2020 05:00 PM
  • Journalist: Timothy Greene

Phillippine oil giant Pilipinas Shell Petroleum Corp. has decided to permanently shut operations at its 110,000 bpd Tabangao refinery. The decision has been taken considering the impact of COVID... Read More

NBR Sentiments Surge in India, Demand Rise and Feedstock Lend Support to the Pricing Curve
  • 14-Aug-2020 11:00 AM
  • Journalist: Timothy Greene

Price of Nitrile Butadiene Rubber (NBR) in India jumped in the month of August tracing the feedstock Butadiene (BD) and strengthening demand from the agricultural sector. Sources attributed that... Read More

Weak Demand Outlook Followed by Several Capacity Additions to Pressurise Asian PTA Prices in the Next Quarter
  • 13-Aug-2020 05:00 PM
  • Journalist: Timothy Greene

Asia PTA market has witnessed an overall ease in the supply overhang majorly due to couple of turnarounds in PTA facilities in China in the last quarter. The situation was exacerbated when two l... Read More

Category

Countries