Oil dipped on Monday, weighed down by rising U.S. output although a 13 percent fall in U.S. crude inventories since March indicated a gradually tightening market. Brent crude futures, the international benchmark for oil prices, were at $52.64 per barrel at 0639 GMT, down 8 cents, or 0.2 percent, from their last close. U.S. West […]
Day: August 21, 2017
Rosneft says India’s Essar Oil refinery to double throughput
India’s Essar Oil plans to double the throughput of its refinery and create a petrochemical facility in the long-term, a Rosneft’s spokesman told Reuters in emailed comments on Monday. Spokesman for Rosneft, which bought a 49 percent stake in Essar Oil, also said that Essar will increase the number of filling stations to 5,500 from […]
Tata Power launches electric vehicle charging facility
Tata Power today said it has installed its first electric vehicle charging facility at Vikhroli in Mumbai. Tata Power’s aim is to build a network to make it easier for people to adopt to electric vehicles and be future ready, the company said in a statement. Such an adoption of smart charging infrastructure will help […]
MRO Hub for Avionics in Gurugram gets DGCA approval
MRO service provider Haveus Aerotech India Pvt Ltd today said that it has got approval from the Directorate General of Civil Aviation (DGCA) for its avionics Maintenance Repair and Overhaul (MRO) hub at its Gurugram (Gurgaon) facility. “The facility will soon have the capability to repair and overhaul over 3000 avionics components. The upgraded facility […]
Green nod to Rs 2K crore Bhogapuram international airport project in Andhra Pradesh
The Centre has given environment clearance to a greenfield international airport at Bhogapuram in Vizianagaram district, Andhra Pradesh, which is estimated to cost Rs 2,260.73 crore. The central government has also given the green nod for another proposal which aims to extend Runway 26 at Vijayawada airport, Krishna district, at a cost of Rs 144.93 […]