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Reliance postpones bidding on new KG-D6 gas on November 6.
  • 11-Oct-2019 06:00 AM
  • Journalist: Patrick Knight

Reliance has postponed the bidding event organized for new KG-D6 gas plant from October 11 to November 6 on the requests from certain bidders. The new gas will be produced from KG-D6 plant in th... Read More

Energy Information Administration forecasts a downward adjustment in the oil prices in the second quarter of 2020
  • 08-Oct-2019 12:00 PM
  • Journalist: Patrick Knight

EIA has forecast that the oil prices will decrease in the second quarter of 2020. It is expected to decrease to $57 per barrel from $63 per barrel in September. The reason for these estimates is... Read More

Domestic Natural Gas Price Following Trend in International Market
  • 01-Oct-2019 01:00 PM
  • Journalist: Patrick Knight

The Petroleum Planning and Analysis Cell (PPAC) has revised the domestic natural gas price which decreased by almost 12.5% following a similar trend in the international market. Price cap for ga... Read More

SIBUR and SINOPEC Sign Agreement on Petrochemical Business
  • 05-Jul-2019 12:00 PM
  • Journalist: Patrick Knight

SIBUR Holding and China Petroleum and Chemical Corporation (SINOPEC) signed a Memorandum of Understanding (MoU) outlining the details of strategic partnership betwee... Read More

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