Asian Fuel Oil Surges to One-Year High Amid Tight Supply and Resilient Demand
  • 2-Mar-2021
  • Journalist: Jaideep Kumar

Profits of the Asian refiners from very low sulphur fuel oil (VLSFO) have climbed to one year high this week due to shortage of supply and consistent demand push from countries which could be a ... Read More

Indian Oil (IOC) to Spend USD 4.46 Billion on Expansion of the Panipat Refinery Capacity
  • 1-Mar-2021
  • Journalist: Jaideep Kumar

To meet the soaring demand for petroleum products in India, oil marketing giant Indian Oil has planned to increase the capacity of its Panipat refinery from 15 million metric tonnes per annum (M... Read More

Haldia Petrochemicals to Expand its Existing Polymer Capacity by 50%
  • 26-Feb-2021
  • Journalist: Jaideep Kumar

Haldia Petrochemicals, one of the leading petrochemical producers in India has announced the expansion of its overall polymer production capacity by 50 percent. By an addition of 345 KTPA to its... Read More

Asian Petrochemicals Turn Bullish Under Import Shortage and Rebounding China Market
  • 25-Feb-2021
  • Journalist: Jaideep Kumar

The petrochemicals prices in Asia have witnessed a skyrocketing increase since past few years pressurised by the delayed imports due to the freezing winter conditions in the U.S. and the strong ... Read More