Beijing offers subsidy for refineries if reference crude price exceeds $130/b
Beijing June 30 2022: China will subsidize refineries if its reference basket of crude prices rise over $130/b, a move ...
Tag: Refineries
Pakistan Refineries increase high margin HSD and Jet Fuel production on cost of lower throughput
Islamabad June 19 2022: Refineries throughout witnessed a decrease of 5.1 percent during the month of April 2022 as compared ...
PRL GRMs impacted due to inability to produce Euro-II compliant Diesel
Karachi June 16 2022: Global recovery has been witnessed in the oil demand leading to higher volumetric sales coupled with ...
Refineries, OMCs to get Rs25.61 billion
Islamabad June 13 2022: ECC approved Rs. 25.61 billion for Petroleum Division for the disbursement of Price Differential Claims (PDCs) ...
OGDCL, PPL, POL to gain as ECC allowed Mamikhel pricing at Petroleum Policy 2012
Islamabad June 13 2022: Petroleum Division submitted a summary for enhancement of Oil and Gas production from TAL blocks vis-a-vis ...
Refineries cash in as petrol prices soar
London June 11 2022: Oil refineries are making nearly five times as much money from refining petrol as they did ...
Refineries – Oversupply, weak China demand depress Asia naphtha margins to 2008 lows
New Delhi June 10 2022: An oversupply of naphtha at a time of poor demand has squeezed the product's Asian ...
Refinery margins surge across the globe as demand returns to pre Covid level amid supply disruptions
New York May 31 2022: Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices ...
ECC approved payment of Rs 62.27 billion to OMCs and Refineries
Islamabad May 29 2022: The Economic Coordination Committee (ECC) approved Technical Supplementary Grants/Supplementary Grants of Rs. 62.27 billion for Ministry ...
Refinery margins to further boost from record levels as diesel prices increase to over $6 per gallon
New York May 24 2022: On May 16, 2022, the average U.S. on-highway retail diesel fuel price was $5.61 per ...
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