The OMCs — Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum Corporation — posted a combined net loss of Rs 6,990 crore for the June quarter, as their underrecoveries of around Rs 13,500 crore remained uncompensated. The government, which freed petrol price and increased diesel, kerosene and LPG prices in June, is yet [...]
STX Norway Offshore AS and partner PJMR Empreendimentos Ltda has through its subsidiary Estaileiro Promar S.A entered into contracts for building of eight LPG Carriers at the new shipyard in Brazil. The value of the contract is approximately US $536 million. On July 9, 2010 Estaleiro Promar S.A. signed 8 contracts to build LPG Carriers [...]
Mark your calendar for 5th LPGTrade Summit on 25 & 26 October taking place at a new and exciting venue – ABU DHABI! Be sure not to miss this annual LPG event that brings all stakeholders of the global LPG industry together. Here’s a snap shot of the participants profile at our 4th LPGTrade Summit [...]
2010 is shaping up to be an exciting year for the LPG business, judging by recent industry headlines: “Qatar will produce 12.6 million tonnes per year (tpy) of liquefied petroleum gas (LPG) by 2012, up from 8.2 million tpy now, making it one of the biggest LPG producers in the Middle East, the CEO of [...]
Making plans for 5th LPGtrade Summit? Yes the LPG World’s most popular conference is back for 2010, meeting on 25-27 October! Look forward to an exciting 3 day event packed with essential industry updates, and valuable networking! But don’t take our word for it. See what your industry peers said about last year’s conference: Well organized, [...]
