Showing posts with label oil products. Show all posts
Showing posts with label oil products. Show all posts

Monday, August 27, 2012

Explosion kills 24 at Venezuela refinery

An explosion tore through Venezuela's biggest oil refinery on Saturday, killing at least 24 people, wounding more than 80 others and halting operations at the huge facility.

Thursday, October 6, 2011

Thailand aims to be regional energy hub, to up oil reserves

Thailand aims to revive a long-stalled plan to become an oil trading and biofuel hub in Southeast Asia, challenging Singapore's dominance, its new energy minister said on Thursday.

The net oil importer plans to boost its crude reserves, excluding refined oil products, to 29 days from 18 days now to improve energy security, said Pichai Naripthaphan, as consumers face volatile crude prices which continue to hold above $100 a barrel..