SNGPL refrained from charging high gas tariffs to the textile industry

LAHORE: The Lahore High Court granted provisional measures to 78 textile units against the high gas tariff introduced by the government and ordered Sui Northern Gas Pipelines Limited (SNGPL) to issue revised invoices at a preferential tariff of 6 , $ 5 / mmbtu. The petitioners had challenged the increase …

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National Perspective: When pipelines become political, everyone suffers

There are many examples of pipeline routes selected for geopolitical purposes. The Baku-Tbilisi-Ceyhan pipeline from the Caspian Sea to an export terminal on Turkey’s Mediterranean coast was not the obvious business choice to bring Azerbaijani crude to the market, but it was chosen because it met the objectives of avoiding …

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Oil prices post their biggest weekly increase since August

The general view shows the Cadereyta refinery of the Mexican state oil company Pemex, in Cadereyta, on the outskirts of Monterrey, Mexico, on April 20, 2020. REUTERS / Daniel Becerril / File Photo Register now for FREE and unlimited access to reuters.com Register Brent and WTI post biggest gains in …

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Saudi Arabia, Kuwait Work To Increase Khafji And Wafra Oil Production

Oil heads for biggest weekly gain in four months as OPEC + exit decision is warranted LONDON: Oil prices rose on Friday and were heading for their strongest weekly advance since late August, as investors became less concerned about the potential effect of the omicron COVID-19 variant on economic growth …

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Public Joint Stock Gazprom: The membrane unit for extracting helium from natural gas wins the first science and technology prize

The award ceremony for the 2021 edition of the Gazprom Science and Technology Prize took place during the meeting of the Board of Directors of the Company. The total economic benefit of award-winning solutions and technologies exceeds 102 billion rubles. “The high level of technological development of the company and …

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Instagram tries to change image with modified algorithms

This article is an on-site version of our #techFT newsletter. Sign up here to receive the full newsletter straight to your inbox every day of the week Instagram chief Adam Mosseri’s revelation to Congress that the app planned to offer a chronological stream of photos and videos again made as …

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Oil weighs on Saudi stocks, Dubai wins for seventh day

An investor browses the Dubai financial market after Joe Biden won the US presidency, in Dubai, United Arab Emirates, November 8, 2020. REUTERS / Christopher Pike Register now for FREE and unlimited access to reuters.com Register now December 9 (Reuters) – The Saudi stock market ended lower on Thursday, following …

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Energy transfer increases natural gas and petroleum capacity with licensing acquisition completed

Dallas-based Energy Transfer LP owns and operates an additional 14,000 miles of gas and oil pipelines in Arkansas, Louisiana, Oklahoma and Texas after completing its merger earlier this month with Enable Midstream Partners LP. The $ 7.2 billion merger, first announced in February, strengthens intermediate transportation and gas systems in …

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Zenit vs Chelsea LIVE: kick-off time, confirmed squad news, goal and score updates

Hello and welcome for the live coverage of Chelsea’s final Champions League group stage game, which sees them face off against Russian champions Zenit. The Blues have already secured their place in the knockout phase and know that a victory tonight will guarantee first place in Group H, regardless of …

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Oil prices drop as investors wait for Omicron’s impact assessment

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford / File Photo Register now for FREE and unlimited access to reuters.com Register Biden warns Putin of sanctions, Nord Stream 2 disruption if Russia invades API …

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