Page 1 - AsianOil Week 50 2020
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Issue 750 17•December•2020 Week 50
Lost confidence
Weak oil and gas prices, coupled with concerns over corruption and
bureaucracy, have undermined investor confidence in Pakistan’s upstream.
Refinery recovery
India’s state-run refiners are ramping up their throughput rates to meet a
surge in gasoline and LPG demand.
Shale expansion
Australia’s Tamboran Resources has agreed to acquire Sweetpea Petroleum,
securing control of shale gas exploration acreage.
Appraisal underway
Australian junior State Gas has kicked off the second phase of its exploration
and appraisal programme of the Reid’s Dome gas project in Queensland.
