Drilling of Asia’s deepest oil, gas well begins
The well, located at the edge of the Taklimakan Desert, is expected to register a depth which is 620 meters plus longer than the height of Mount Qomolangma.
The well, located at the edge of the Taklimakan Desert, is expected to register a depth which is 620 meters plus longer than the height of Mount Qomolangma.
The 60-megawatt plant is popularly known as Pankha, a Bangla word that means a fan, to locals because of the wind turbines with long blades.
The countries decided to address all technical issues to sign an agreement by late March this year.
The latest reductions could lift oil prices by $10 per barrel, the head of investment firm Pickering Energy Partners said on April 2, while oil broker PVM said it expected an…
According to the firm, investment for this project may total Rp 17 trillion (US$1.1 billion).
The effort is to support Indonesias's green push. fficials from the country said Jakarta has decided to offer tax reductions of up to 11 percent for those who purchase EVs.
The cost of this project is Rs 17.24 crore.
In separate advisories, local Philippine oil companies said they would cut the prices of gasoline by P1.20 per liter; diesel, P1.85 per liter; and kerosene, P2 per liter.
The most significant fallout of the Russia-Ukraine war was its impact on the energy market and South Asia was no exception, says the writer.
Earlier this month, the oil industry was reportedly facing trouble in arranging crude oil and petroleum products due to the prevailing prices.