State-owned Hindustan Petroleum Corporation Ltd (HPCL) has started selling lubricants in Myanmar as part of broader plans of Indian retailers to play a bigger role in the south-east Asian nation’s oil and gas sector. “Having achieved the number one position in the domestic market, HP Lubricants sought to prove itself in foreign shore by venturing […]
Day: October 13, 2017
GE Power India bags job orders worth Rs 327.5 cr
GE Power India has won two orders worth of Rs 327.5 crore from Doosan Power Systems India Pvt (DPSI) to supply ambient air quality control systems to be installed at power plants. “… awarded two contracts by DPSI to supply ambient air quality control systems for Jawaharpur and Obra C power plants operated by Jawaharpur […]
Record U.S. oil exports set to surge further – Mercuria
Already record U.S. oil exports are set to surge further in the coming month as stored oil in one of the world’s last areas of excess stockpiles pours into global markets, the chief executive of trading house Mercuria, Marco Dunand, said. The U.S. shale oil revolution upended global energy markets, and in late September the […]
Feasible to sell petrol via e-commerce, but safety needs priority: Experts
Aiming to give a major push to digital drive, the government is planning to put petrol and diesel along with its various products on e-commerce platform. But is it a feasible idea? Domain experts say it is feasible but high safety measures need to be adopted. “Can we connect oil with IT and telecommunications? We […]
Will break ground on Carmichael rail link ‘within days’, assures Adani
Indian mining giant Adani said on Friday that it is ready to start work on a 388-km rail link of its proposed 16.5 billion dollars Carmichael coal mine project in Australia. Adani Australia CEO Jeyakumar Janakaraj said the project was advancing on many fronts with milestones being achieved every day, including in surveying, geotechnical works, […]
Want to hive off Yamuna Expressway project to generate money: Jaypee to SC
The embattled Jaypee group on Friday informed the Supreme Court that it wants to “hive off” the multi-crore Yamuna Expressway in order to generate money. Jaypee Associates told the apex court that it has an offer worth Rs 2,500 crore and sought permission to give the project to another party. A bench of Chief Justice […]