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Banagas (formally the Bahrain National Gas Company) is a Bahraini gas company, headquartered in Bahrain's Southern Governorate. Banagas operates LPG plant facilities which recover propane, butane and naphtha from the Bahrain Oil Field's associated gas and refinery off-gas. Some 94% of the total workforce are Bahrain nationals.
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
Tom Kloza, global head of energy analysis at the Oil Price Information Service, also expects gas prices to dip in the coming weeks. “Most of the worries for the first half of the year are over.
Petroleum products are materials derived from crude oil as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. [1] Most petroleum is converted into petroleum products, which include several classes of fuels. [2]
Bloomberg Industry Group, Inc. (formerly known as Bloomberg BNA, The Bureau of National Affairs, Inc., and BNA) is an affiliate of Bloomberg L.P. and a source of legal, tax, regulatory, and business news and information for professionals.
Egypt and a consortium made up of energy companies Total of France and Italy’s Eni will next month sign a key agreement to transport natural gas from an undersea deposit inside Cypriot waters to ...
The Indo-Burma Petroleum Company drilled the first oil wells in Eastern Bengal between 1908 and 1914 in Chittagong District. [9] The Burmah Oil Company discovered the first gas field in East Bengal in 1955. [9] Industrial use of natural gas began in 1959. [9] The Shell Oil Company and Pakistan Petroleum discovered seven major gas fields in the ...
The day after oil fell nearly 5 percent to a four-month low, the fourth down week finished with Brent at $80.61 and WTI at $75.89 as a result of continued bad news from China, high U.S. inventories and record production, with sanctions on Russian oil shipments causing prices to increase.