India Trying to Get Resolution Soon on Rising Fuel Prices
India is trying to get a resolution soon on tackling rising fuel prices, and the government is looking at both short-term and long-term solutions, said Oil Minister Dharmendra Pradhan recently.
Gas Price Reaches Record High in Sweden
In Sweden, the price of gasoline has for the first time gone above 16 Swedish krona (1.83 U.S. dollars) per liter, Swedish Television reported recently.
Sembcorp Delivers Three Culzean Fixed Platform Topsides
Sembcorp Marine has completed three integrated fixed platform topsides the Total-operated high-pressure/high-temperature (HP/HT) Culzean gas field in the UK central North Sea.
UAE Launches $45b Investment to Boost Refineries
Abu Dhabi National Oil Co recently announced a $45-billion ($38-billion-euro) investment to modify an existing facility into one of the world’s largest integrated refining and petrochemicals plants.
Sri Lanka Sharply Raises Fuel Prices
Sri Lanka hiked fuel prices recently by up to 130 percent following pressure from the International Monetary Fund and its central bank to reduce the burden of heavy subsidies on its struggling economy.