OMCs are the big brands owning the gas stations where we go to refill our automobiles. These OMCs or Oil Marketing Companies can either be selling the products such as petrol, diesel, and lubricants which are processed in their own refineries or they could be reselling the products by purchasing them from a refiner. In … More Innovating the Refuelling Process
The Asian gas market and specifically the Indian gas market is one of the fastest-growing markets worldwide. The natural gas market in Asia is dominated by long-term contracts in which the price of gas is indexed to that of oil. To ensure the security supply for India’s emerging economy, and to secure return on producers … More Does India have the potential to develop its own gas trading hub when it largely depends on imports of blue fuel?
Building LNG experienced a dynamic 2017, especially in the Asian mammoths in the face of China, India and Pakistan. With global trade Supply ramped up at projects spanning the globe, from the United States to Australia, and LNG found new markets in a diverse array of countries. At the same time, delays and plant outages … More GLOBAL LNG BUSINESS: Capacity Utilization and Development
FLOATING LNG (FLNG) FLNG is a novel technology that allows a vessel with liquefaction capability to tap directly into remote offshore fields and load it directly onto an LNG carrier, avoiding the need of building expensive underwater pipeline infrastructure. FLNG can vary in size, from very small modular units of 0.7 bcm per year to … More Revolutionary LNG Technologies: FLNG and FSRU
Charles Darwin’s evolutionary theory of ‘Survival of the fittest’ is a way of describing mechanism of natural selection, but when it comes to industries, ‘Survival through innovation and up gradation’ is the only applicable theory for sustainability. There have been quite some examples of companies like Kodak and BPL, who being the market leader at … More Petrochemicals : The new Upsurging Industry
The world is still looking for cost-effective methods of reducing greenhouse-gas (GHG) emissions. With the signing of the Paris Agreement, countries have realized the importance of curbing the rise of global temperatures by two degrees. Although the world has focused on shifting towards renewable sources of energy, one must contemplate the emissions produced by non-OECD … More Is Carbon Capture the future?
School of Petroleum Management organized SPM Annual Fest 2018, the most awaited awe-inspiring national event providing an unparallel platform to emblazon a future leader’s diverse aptitudes in the pool of management confronts, athletics, craftsmanship and convivial with a quirky twist. The inaugural ceremony of the SPM Annual Fest on 18th January’2018 graced with the presence … More SPM Annual Fest 2018