Epic bankers poised to call in receivers for DBNGP

Additionally, the West Australian government was informed early last week that the banks intended to place the pipeline into receivership if the required two-thirds majority vote was secured from lenders.
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BPCL to extend pipeline to Piyala

BPCL’s decision has taken the oil industry by surprise as Hindustan Petroleum Corporation Limited (HPCL) also plans to build a 1,000 km long product pipeline from Mundra to Delhi. The industry
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Sino-Iranian LNG Deal in Pipeline

The move by China’s second-largest oil firm, which is set to be one of the biggest LNG purchase transactions in the world, was revealed by Iranian Vice-President Mohammad Sattarifar. Negotiations
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GAIL and DuPont India ink marketing alliance pact

According to the agreement, the two companies will market the three-layer polyethylene pipe coating system in India and select world markets to begin with and explore other opportunities for expanding
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BP Awards Contract for Delivery of Clean Diesel

The move from BP to produce low sulphur diesel is due to forthcoming changes in Australian specifications, and will see the investment of $A60 million on behalf of BP. This latest contract for Aver Kvaerner
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Esso Calls Back Workers

The gas giant needed workers back on site at its Longford gas plant to fix damage, caused by a fire on Monday (link – http://www.pipeliner.com.au/upload/Uploads/hastings050404.html#1), to electrical
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PGN Optimistic for Project Startup

The 449 km section of the pipeline PGN is seeking to finance runs between Pagardewa, in South Sumatra, and Cilegon in Banten. Agus Diharjo, company spokesman, said that following the final approval required
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Petronet LNG Stake for Gujarat Government

Suresh Mathur, CEO and Managing Director of Petronet LNG Ltd, yesterday said “Our four promoter firms — Indian Oil Corp., GAIL India Ltd., Oil and Natural Gas Corp. and Bharat Petroleum Corp.
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Santos Back to Full Production at Moomba Plant

Total Moomba gas production capacity is now at approximately 630 terajoules per day – which equates with pre-incident capability – as a result of the resumption of processing through the Liquids
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