PETROLEUM UPDATES

HINTS

1. Price Restatement For Petroleum And LPG

   Fiji Sun Online

   LPG and petroleum products are widely used in several means of transport, commercial and agricultural sectors and residential applications including ...

2. Fuel scarcity looms across the country

   NIGERIAN TRIBUNE (press release) (blog)

   According to him, NUPENG has resolved to shut down supply of petroleum products to Abuja in the next 24 days unless the federal government ...

3. Committees formed to resolve oil transportation issue, review Ogra regulations

   DAWN.com

   ... committees for fast-track resolution of issues relating to transportation of petroleum products and suggesting amendments to safety regulations of the ...

4. Shell shutters Europe's largest refinery after fire

   Guardian (blog)

   The facility can process more than 400,000 barrels of petroleum products a day, but a temporary closure is unlikely to cause any significant fuel ...

5. Economists see July inflation at 2.8%

   Inquirer.net

   ... May Ann E. Revillas also sees a 2.8-percent inflation “amid the mixed movement in the prices of food items and low petroleum product prices.”.
   Inflation avg steady at 2.8% in July – analysts - The Manila Times

   Full Coverage

6. US Weighs Sanctions Against Venezuela's Oil Industry

   Fox Business

   The most likely option, say the people familiar with U.S. discussions, is a ban on exports to Venezuela of refined petroleum products and lighter crude ...

7. Govt to reopen licences for petro extraction and exploration

   Himalayan Times

   ... far has identified a total of 10 sites across the country— basically in Tarai and Chure area — which are feasible for extraction of petroleum products.

8. Pakistan has untapped export potential of $13b

   The Express Tribune

   The largest decline in exports between FY16 and FY17 was in petroleum products at 8%, followed by the group of products classified as “other ...

9. 4.8% growth target in 2018 achievable – Minister

   Premium Times

   ... achieve agriculture and food security, ensure energy sufficiency in power and petroleum products, and drive industrialisation focusing on Small and ...

10. FG adopts $11bn Dangote refinery under new petroleum policy

    Gistmaster (blog)

    FG adopts $11bn Dangote refinery under new petroleum policy ... to crude oil, reduce high dependence on imported petroleum products and conserve ...