Month: June 2020
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Uncategorized
Deluge Valves
Deluge Valves are used in conditions that call for quick application of large volumes of water and, for that reason,…
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OIL to challenge closure notice
The pollution watchdog, in its closure notice on Saturday, had written that the company has “nonchalantly violated the provisions of…
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Oil and gas The reservoir to stop overflow is underway
Drilling and workover operations in 5 more areas, which are outside Baghjan, are yet to start out as protests are…
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Oil Resumes Weekly Winning Streak
Oil rotated last week’s setback, extending a slow but relentless rise since falling into negative territory in April. U.S. benchmark…
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Re-balance the worldwide oil market
Time spreads also showed signs of strength. WTI’s front-month spread rose Friday to the strongest level during a month. The…
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Oil is resuming its upward trend
Oil was poised to resume a run of weekly gains on signs consumption is learning as economies emerge from lockdowns.…
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Oil and Gas Technology Centre
Brent for August settlement advanced 1.2% to $42.00 a barrel on the ICE Futures Europe exchange after rising 2% on…
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US slaps sanctions on Mexican firms, to Venezuelan oil
The US on Thursday blacklisted Mexico’s Libre Abordo and a related company. Accusing them of helping Caracas evade US sanctions…
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Asia’s oil demand recovery remains fragile
The recovery in Asia’s demand for oil remains fragile despite the reopening of economies across the region. As the second…
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China’s new marine fuel contract to attract strong industry
The new low-sulfur heating oil (LSFO) contract features marine fuel meeting. Stricter international emissions rules and is that the latest…
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