NrgEdge Editor

Sharing content and articles for users
Last Updated: May 11, 2020
1 view
Business Trends
image

Market Watch   

Headline crude prices for the week beginning 4 May 2020 – Brent: US$27/b; WTI: US$20/b

  • Crude oil prices have rallied to levels last seen before the oil price meltdown in mid-April, as OPEC+ begins the largest supply cut deal in its history and signs that global oil demand is slowly recovering
  • The start of OPEC+ 9.7 mmb/d supply reduction has also been accompanied by a huge ‘voluntary’ reduction by private players in the US, with ExxonMobil, Chevron and ConocoPhillips alone shutting some as much as 660,000 b/d of their US capacity through June
  • The combination of the OPEC+ cuts and the market-enforced reductions on international players should halve the global oil glut in May, but the overhang will still be a considerable 6 mmb/d, generating concern over the pressure on storage capacity globally
  • In the US, inventory builds at the key hub of Cushing, Oklahoma rose by 1.8 million barrels, the smallest rise in 6 weeks, and triggering a recovery in WTI prices since this could see the storage crunch and oversupply situation easing
  • However, the storage situation is not equal worldwide: while Petrobras has ample space in Brazil to store crude, reports suggest that South Korea has run out of commercial storage space, with the 38 million barrels of capacity held by Korea National Oil Corp and Oilhub Korea Yeosu completely tapped out in one of Asia’s largest refining markets
  • Crude and refined product storage space in India and Singapore are also reportedly filling up fast, which will force buyers to look into offshore storage
  • The US active rig count, according to Baker Hughes, has lost another 57 rigs over the week, shaving off 53 oil rigs and 4 gas rigs to a new total of 408 sites, the lowest count since May 2016
  • Crude oil prices have roughly doubled over the past two weeks, buoyed by optimism that demand will gradually return and OPEC+ will keep adherence high to hold back a supply flood; this might be premature, since a supply glut still exists, particularly ahead of the expiry of the June WTI contract May 20, but should be enough to keep Brent and WTI in the US$$-26-30/b and US$20-24/b range for now


Headlines of the week

Upstream

  • Lebanon’s ambition of joining the ranks of the Eastern Mediterranean’s oil and gas bonanza have come up empty for now, with Total’s maiden test drilling campaign in the offshore Block 4 having come up dry
  • Jadestone Energy will be delaying its Australian drilling campaign planned for the Stag and Montara oil fields offshore northwest Australia until 2021, having already deferred planned upstream development campaigns in Vietnam
  • Neptune Energy is reporting that it has made two ‘important’ hydrocarbon discoveries in northwestern Germany – with the Ringe 6 well striking oil while the Adorf Z15 well in Emlichheim struck gas flows
  • Neptune Energy has also kicked off its drilling campaign on the offshore Fenja field in Norway, estimated to deliver some 40,000 b/d at peak production
  • Despite major uncertainty in the market, BP has reaffirmed its commitment to complete the sale of its Alaskan upstream business to Hilcorp, with the initial consideration of US$5.6 billion having been renegotiated
  • Mubadala Petroleum has reduced capex for its Manora offshore oil development project in Thailand by some US$14 million
  • UK independent Coro Energy has bailed out of a plan to acquire a 42.5% stake in the Bulu production sharing contract in Indonesia that encompasses the Lengo gas field, citing ‘increasing concerns’ over operator KrisEnergy

Midstream/Downstream

  • China will issue its first ever export quotas for very low sulfur fuel oil (VLSFO) later this year, with the first batch expected for 10 million tonnes of the marine fuel as Chinese refiners aims to capture a huge slice of the new market
  • As crashing oil prices and the Covid-19 pandemic impacting production and promotimg nationalism, Lukoil is reporting that its 3 refineries in Europe (Italy, Romania and Bulgaria) are now processing only Russian crude
  • Thailand’s IRPC has officially delayed a planned US$1 billion petrochemicals project that would add 1.3 million tonnes per year of paraxylene and 400,000 tons of benzene production capacity to the country’s third-largest refiner

Natural Gas/LNG

  • ExxonMobil is now looking to sanction FID for its US$25 billion Rovuma LNG project in Mozambique in 2021, which will now be the hub for all future trains
  • France’s Total and Japan’s Mitsui have individually signed up for long-term LNG purchases for Sempra’s Energia Costa Azul project in Baja California, Mexico, which will total some 2.5 million tons per annum
  • Aker BPs’s Ærfugl Phase 2 development plans kicks off in grand style, with the first well drilled three years ahead of schedule, tapping into a reservoir containing some 300 million boe of natural gas
  • Sempra has postponed FID on its Port Arthur LNG export project from 2020 to 2021, citing ‘weakened global demand’ due to the Covid-19 pandemic
  • Arrow Energy has kicked off the first phase of its Surat Gas Project in Australia’s southern Queensland area, which is expected to deliver some 5 tcf of natural gas for Arrow and its partners Shell and PetroChina

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
1 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