NrgEdge Editor

Sharing content and articles for users
Last Updated: September 6, 2018
1 view
Business Trends
image

Market Watch

Headline crude prices for the week beginning 3 September 2018 – Brent: US$78/b; WTI: US$71/b

  • Worries over Tropical Storm Gordon landing over the Mississippi Gulf Coast combined with renewed unrest in Libya and perennial concerns over Venezuela and Iran pushed oil prices higher at the start of this week.
  • Failing to become a hurricane, Gordon brought lashings of rain but largely spared offshore and onshore upstream infrastructure, which could allow a quicker ramp up of facilities that had been shut down for precaution.
  • A tanker collision had partially shut down Venezuela’s main oil-shipping port Jose last week, affecting shipments and adding to the country’s struggles.
  • In Iran, oil exports for August fell to a 30-month low of 2.1 mmb/d as key Asian buyers avoided cargoes in the lead-up to new American sanctions; there is room for more declines but perhaps not too much, as PetroChina commented that its refining network would be adversely affected by more cuts.
  • Faced with the renewed sanctions, Iran is once again threatening to blockade the Strait of Hormuz, effectively halting a large portion of Middle Eastern crude exports if it is not allowed to use the Strait
  • Despite the dwindling of Iranian exports, improved Libyan production and better exports from Iraq’s southern fields lifted OPEC oil production up by 220,000 b/d to 32.79 mmb/d in August, the highest level this year.
  • American trade belligerence has now led CNPC – China’s largest natural gas supplier – to halt all purchases of spot LNG cargoes from the USA until the trade dispute is settled; LNG has not yet been corralled into tit-for-tat trade war but will inevitably be drawn in, if President Trump expands import duties to an additional US$200 billion of Chinese imports.
  • The US EIA confirms that American crude oil production rose to a new record of 10.674 mmb/d in June 2018, up 231,000 b/d or 2%, with the largest gains seen in Texas, where onshore output grew to 4.4 mmb/d.
  • With crude prices in ascendance again, the active rig count in the US gained for the first time in three weeks as drillers added 4 new rigs – 2 oil and 2 gas – bringing the total count to 1,048.
  • Crude price outlook: As Tropical Storm Gordon eases, crude prices should settle into their range. Unrest in Libya is a worry, but unless the situation escalates further, Brent should trade in US$76-78/b range and WTI easing back down to US$68/70/b.


Headlines of the week

Upstream

  • South Sudan has restarted production at the key Toma South field, idled since 2013 due to conflict; part of the Unity fields, an initial 20,000 b/d is being produced at Toma South and with the El Mar, El Toor, Manga and Unity fields expected to resume later this month, output could reach some 80,000 b/d.
  • Another hit for Eni in Egypt, as the Italian firm reports a new onshore gas discovery in Faramid South, East Obayed concession with some 25 mmscf/d.
  • In Alaska, Eni has acquired 124 exploration leases in the Eastern North Slope, a prime area with high potential just southeast of the giant Prudhoe Bay field.
  • Lundin Petroleum has raised its estimates for the Rolvsnes field in Norway’s North Sea from 3-16 mmboe to 14-78 mmboe, with FID targeted at 2020/21.
  • ExxonMobil has commenced drilling off Australia’s southeast gas in search of natural gas, which could help ease the growing gas supply gap in the east.
  • In search of the next Permian Basin, oil firms are now looking at Wyoming’s Powder River Basin, with some US$260 million in land deals already exchanging hands in an area where pipeline infrastructure is not congested.

Downstream

  • Chevron’s subsidiary Caltex Australia is looking to sell some of its fuel retail convenience assets for some A$2 billion, covering some 12-25% of existing freehold sites as its 1H18 profits came in at the low end of projections.
  • Even as the private Dangote refinery moves ahead, Nigeria’s NNPC is conducting a feasibility study for two 200,000 b/d condensate refineries in the states of Delta and Imo as part of a wider plan to slash fuel imports.
  • The first fuel stations in the city of Tianjin have replaced gasoline with ethanol, as China fires its first salvo in unfolding an ambitious biofuels plan.
  • Plans to shut down the only oil refinery in Trinidad and Tobago has prompted threats of a general strike by the country’s oilfield workers trade union.
  • Gunvor has halted plans to upgrade its Rotterdam refinery for cleaner marine fuels, citing adverse market conditions affecting financial viability.

Natural Gas/LNG

  • Despite the threats of sanctions from the US, Nord Stream 2 AG claims the natural gas pipeline connecting Russia to Germany is progressing on schedule.
  • Indian Railways is attempting to shift some of its rail fuel demand away from (dirtier) gasoil to natural gas, with GAIL appointed as the sole supplier.
  • Freeport LNG in the USA has signed Japan’s Sumitomo as its first client for its Train 4, shipping 2.2 mtpa over 20 years beginning in 2023 when Train 4 of the complex in Texas is expected to start up.
  • Bangladesh is updating and improving its PSC terms ahead of a planned offshore licensing round next year, hoping that the new contracts will be able to attract international firms to reverse dwindling natural gas output that has already forced the country to turn heavily towards LNG imports.

Corporate

  • Nicke Widyawati has been confirmed as the new CEO of Pertamina by the Indonesia government and Dharmawan Samsu as Pertamina’s new Upstream Director, with the aim of growing crude/gas output, boosting refining capacity and shedding fuel imports in favour of biodiesel usage.
  • Amid disappointing results in the oil sector, Russian state firms are proving to be a bright spark, with Gazprom beat expectations by reporting a 539% jump in 2Q18 net profits to RUB259 billion (~US$3.8 billion).

oil oil and gas news oil and gas industry LNG oil and gas companies news weekly update market watch market trends latest oil and gas trends
3
0 0

Something interesting to share?
Join NrgEdge and create your own NrgBuzz today

Latest NrgBuzz

Petroleum products

Dear Sir/ madam ,


kindly note that we currently have Russia petroleum product in seller Tank at Ningbo port china / Rotterdam, LNG. JP54 , ESP0, JETA 1 ,LCO , We are looking for capable buyer to close the deal with .




kindly contact me on my Email.




Email: [email protected]

August, 17 2022
Metal pallet manufacturers

HIGH QUALITY

MATERIAL HANDLING SOLUTIONS

DISCOVER MORE

Welcome to Sre Kateel Industries

Our Products sell well throughout the country and have versatile applications in various industries.

STORAGE SYSTEM

MATERIAL HANDLING

PROCESS EQUIPMENT

AUTOMATION

Certifications

ISO- 9001-2015 QMS, ISO 14001:2015 EMS & OHSAS 18001:2007

INDUSTRY

Automobile

Heavy Machinery

Pharmaceutical

Manufacturing & Trading

OUR CLIENTS

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

STORAGE SYSTEMS

PRODUCTS

MATERIAL HANDLING

PROCESS EQUIPMENTS

AUTOMATION

PALLETS

SAFETY LOCKERS

FIFO RACKS

RACK WITH AUTO SHUTTER

MEZZANINE FLOOR

TROLLEY & DOLLY

Our Products meet your requirements?

GET IN TOUCH

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

STORAGE SYSTEMS

PRODUCTS

MATERIAL HANDLING

PROCESS EQUIPMENTS

AUTOMATION

HOISTS

EOT CRANES

GOODS LIFTS

SCISSORS LIFTS

Our Products meet your requirements?

GET IN TOUCH

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

STORAGE SYSTEMS

PRODUCTS

MATERIAL HANDLING

PROCESS EQUIPMENTS

AUTOMATION

HOPPERS

INDUSTRIAL CHIMNEY

TANKS & VESSELS

Our Products meet your requirements?

GET IN TOUCH

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

STORAGE SYSTEMS

PRODUCTS

MATERIAL HANDLING

PROCESS EQUIPMENTS

AUTOMATION

CONVEYOR SYSTEMS

ASSEMBLY TABLES

ROTATING FIXTURES

GET IN TOUCH

Our Products meet your requirements?

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

SERVICES

OUR EXPERTISE

We are a team of highly qualified professionals delivering quality products of Highest Standards.

DESIGN

ENGINEERING

MANUFACTURING

We give utmost importance to precision. We are able to achieve it through a well-planned design and implementation. Designs that meet customer requirements; implementation that meet industry standards.

A perfectly crafted quality analysis and control process engineers our manufacturing. May it be procurement, design or manufacturing, the process is crafted to a achieve perfection.

We follow the latest manufacturing techniques. Our infrastructure is well-equipped and efficiently planned to analyze the design and deliver the

desired product.

Our Expertise meet your requirements?!

GET IN TOUCH

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

ABOUT

WELCOME TO SRE KATEEL

Sre Kateel Industries is an ISO- 9001-2015 QMS, ISO 14001:2015 EMS & OHSAS 18001:2007 certified fabrication Industry incorporated in the year 1993 is located in Bangalore India.

With over 3 decades of outstanding engineering, experience in fabrication, a team of highly skilled manpower and dedicated Professionals, we are confident to meet the requirements and supply all kind of storage & material handling equipments. Our manufacturing unit is spread over 30,000 square feet area.

WHY CHOOSE US

We can assure the widest range of engineering and fabrication products, with optimum

customization. We deliver exactly what the client expects from us, and many a times beyond their expectations.

Various industrial requirements under one roof

We are pioneers in storage & material handling solutions

We give utmost importance to quality and time

  • + Professionalism

We are team of qualified professionals. As we offer turn-key projects, we ensure utmost professionalism at every stage of planning, production and delivery.

  • + Quality Standard

We are an ISO certified company. Every process followed is per ISO standards and global trends. We procure raw material of high standards, and only from certified brands.

  • + Wide Range of Products

We have always been lauded for our wide range of products. May it be automation, material handling, process equipments or storage solutions, we provide the widest range, with industry specific and customer specific customization.

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

 

HOME

PRODUCTS

SERVICES

ABOUT

CONTACT

+91 9845669129 , +91 9901 889129

ISO- 9001-2015 QMS | ISO 14001:2015 EMS | OHSAS 18001:2007

[email protected]

CONTACT

GET IN TOUCH

REACH US

Top of Form

Enter Name*

Enter Email*

Submitting Form...

The server encountered an error.

Form received.

Bottom of Form

Top of Form

Enter Your Message

Subject

Enter Phone Number

Bottom of Form

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

+91 9845669129 , +91 9901 889129

[email protected]

 

ABOUT

PRODUCTS

SRE KATEEL INDUSTRIES

SY. #83, Superintendent Dinne, Gottigere Post

C.K. Palya Road, Off Bannergatta Main Road

Bengaluru - 560 083. INDIA.

Home

Company

Values

Storage System

Material Handling

Process Equipments

+91 9845669129 , +91 9901 889129

Team

Automation

[email protected]

© Copyright 2017-18 SRE KATEEL INDUSTRIES. All Rights Reserved.

SERVICES

Design

Engineering

Manufacturing

https://srekateel.com

https://srekateel.com/index.html

https://srekateel.com/about.html

https://srekateel.com/products-storage-systems.html

https://srekateel.com/products-material-handling.html

https://srekateel.com/products-process-equipments.html

https://srekateel.com/products-automation.html

https://srekateel.com/services.html

https://srekateel.com/contact.html

https://www.google.com/maps/dir//Sre+Kateel+Industries+Sy.No.+83,+Superintendent+Dinne,+Gottigere+Post,+C.K.+Palya+Road+off,+Bannerghatta+Main+Rd+Bengaluru,+Karnataka+560083/@12.8398955,77.5991025,12z/data=!4m5!4m4!1m0!1m2!1m1!1s0x3bae6b87df21f64b:0x649e8ae0bbcf453c

August, 17 2022
EOT Crane Manufacturers in Bangalore, Hoist crane manufacturers

SRE KATEEL INDUSTRIES   Crane Manufacturers in Bangalore India, EOT Crane, Hoist Crane, Goods lift, Mezzanine floor, Heavy Duty Racks Manufacturers

Sre Kateel Industries Crane manufacturers, crane manufactures Bangalore, overhead E. O. T. cranes, overhead H.O.T. cranes, jib cranes, Goliath, Gantry cranes, Hoist, Pulleys, Hoist Crane, Goods Lift Manufacturers, Metal pallet, Mezzanine floor manufacturers, Heavy duty racks, Trolley manufacturers

Crane Manufacturers in Bangalore, EOT Crane, Hoist Crane, EOT Crane Manufacturers in Bangalore, Hoist crane manufacturers in India, Goods lift manufacturers, Mezzanine floor manufacturers, Metal pallet manufacturers,  Heavy duty racks manufacturers, Trolley manufacturers, Tanks and vessels manufacturers in India  https://srekateel.com

SRE KATEEL INDUSTRIES  Heavy duty racks Manufacturers, Tanks and vessels manufacturer, Trolley manufacturers, Goods lift manufacturers in Bangalore

We are manufacturers for EOT Crane, Hoist crane, Goods lift,  Mezzanine floor, Metal pallet, Heavy duty racks, Tanks and vessels, Trolley manufacturers in Bangalore Karnataka, India

EOT Crane Manufacturers, Hoist crane, Goods lift,  Mezzanine floor, Metal pallet, Heavy duty racks, Tanks and vessels, Trolley manufacturers

SRE KATEEL INDUSTRIES  Goods lift manufacturers,Crane Manufacturers in Bangalore

SRE KATEEL INDUSTRIES  Tanks and vessels manufacturers,Goods lift manufacturers,Crane Manufacturers in Bangalore

We are Specialist in Manufacturing like Trolley manufacturers, Tanks and vessels manufacturer, Heavy duty racks manufacturers, Metal pallet, Mezzanine floor manufacturers, Goods lift manufacturers, Crane Manufacturers, Hoist crane, EOT Crane Manufacturers in Bangalore

EOT Crane Manufacturers, Hoist crane, Goods lift,  Mezzanine floor, Metal pallet, Heavy duty racks, Tanks and vessels, Trolley manufacturers

SRE KATEEL INDUSTRIES   EOT Crane Manufacturers, Hoist crane, Goods lift,  Mezzanine floor, Metal pallet, Heavy duty racks, Tanks and vessels, Trolley manufacturers in Banagalore

Crane Manufacturer  SRE KATEEL INDUSTRIES  EOT Crane, Hoist crane, Goods lift, Mezzanine floor, Metal pallet, Heavy duty rack Manufacturers

SRE KATEEL INDUSTRIES   Mezzanine floor manufacturer, Metal pallet, Tanks and vessels, Goods lift, Heavy duty racks manufacturers

Goods Lift And Elevator - Self Supported Structure Goods Lift Manufacturer from Bengaluru

Manufacturer of a wide range of products which include self supported structure goods lift, canteen dumbwaiter lift, industrial goods elevators, dumbwaiter lift, hydraulic goods lift and industrial goods lifts.

Sre Kateel Industries is an ISO- 9001-2015 QMS, ISO 14001:2015 EMS & OHSAS 18001:2007 certified fabrication Industry incorporated in the year 1993 is located in Bangalore India.

With over 3 decades of outstanding engineering, experience in fabrication, a team of highly skilled manpower and dedicated Professionals, we are confident to meet the requirements and supply all kind of storage & material handling equipments. Our manufacturing unit is spread over 30,000 square feet area

Double Girder EOT Crane Manufacturers Bangalore ,Crane Manufacturers , Industrial crane manufacturers bangalore, Crane supplier, Overhead crane manufacturers, EOT Crane Manufacturers  Double Girder Crane Manufacturers,Single Girder Crane Manufacturers Bangalore, Jib Crane Manufacturers

overhead E. O. T. cranes, overhead H.O.T. cranes, jib cranes, Goliath/ Gantry cranes, Hoist, Pulleys, Hooks & Accessories

EOT Crane, EOT Crane Manufacturers, Single Girder Crane Manufacturers,  Monorails Manufacturers,Double Girder Crane Manufacturers, Jib Crane Manufacturers, Goliath Crane Manufacturers, Wire Rope Hoists Manufacturers, Grab Manufacturers, Gantry Crane Manufacturers, Jib Crane Manufacturers, Monorails Manufacturers in bangalore ,Gantry Crane Manufacturers in Banglore, Crane manufacturers Bangalore, Crane manufacturer Bangalore, Crane manufacturers in bangalore, Crane manufacturer in bangalore, Crane manufacturers in india, Crane manufacturer in india, Crane manufacturer india, Crane manufacturers india, Industrial crane manufacturer, Industrial crane manufacturers, Industrial fabrication bangalore, Industrial Fabrication india, Industrial fabrication, Double girder eot cranes bangalore, EOT cranes

crane, cranes, EOT Crane, jib crane, jib cranes, jib, jib cranes for sale, wire rope, overhead cranes, gantry crane, gantry cranes,jib crane manufacturer, gantry, eot cranes, goliath crane, transfer trolleys, gantry crane, electric hoist, double girder cranes, double girder crane, gantry cranes, single girder crane, overhead crane, bridge crane, cranes manufacturers, EOT cranes

Gantry Crane Manufacturers, Monorails Manufacturers, transfer trolleys, Jib Crane Manufacturers, EOT Crane Manufacturers,Goliath Crane Manufacturers, Grab Manufacturers, Double Girder Crane Manufacturers, Single Girder Crane Manufacturers, Wire Rope Hoists Manufacturers, EOT cranes

crane, cranes, EOT Crane, jib crane, jib cranes,EOT Crane, Single, Double Side Girder Crane, Jib Crane, Wire Rope Hoists, Grab, Gantry, Goliath, Monorails,Gantry Crane Manufacturers, transfer trolleys,  Monorails Manufacturers, Jib Crane Manufacturers, EOT Crane Manufacturers,Goliath Crane Manufacturers, Grab Manufacturers, Double Girder Crane Manufacturers, Single Girder Crane Manufacturers, Wire Rope Hoists Manufacturers, EOT cranes

Mezzanine Floor, Mezzanine Floor In Bangalore, Mezzanine Floor Manufacturers In Bangalore, Mezzanine Floor Suppliers In Bangalore, Best Mezzanine Floor In Bangalore, Customised Mezzanine Floor In Bangalore, Mezzanine Floor Structure Manufacturers

Heavy Duty Racks in Bangalore , Heavy Duty Pallet Racks Manufacturers

https://srekateel.com

https://srekateel.com/index.html

https://srekateel.com/about.html

https://srekateel.com/products-storage-systems.html

https://srekateel.com/products-material-handling.html

https://srekateel.com/products-process-equipments.html

https://srekateel.com/products-automation.html

https://srekateel.com/services.html

https://srekateel.com/contact.html

https://srekateel.com/images/fabrication.jpg?crc=3930609999

https://www.google.com/maps/dir//Sre+Kateel+Industries+Sy.No.+83,+Superintendent+Dinne,+Gottigere+Post,+C.K.+Palya+Road+off,+Bannerghatta+Main+Rd+Bengaluru,+Karnataka+560083/@12.8398955,77.5991025,12z/data=!4m5!4m4!1m0!1m2!1m1!1s0x3bae6b87df21f64b:0x649e8ae0bbcf453c

August, 17 2022