Trump administration’s sanctions stops short of banning US companies from buying Venezuelan oil
Category: Oil & Gas
Launches BPCL’s ₹16,504-cr refinery complex in Kochi
Prime Minister Narendra Modi on Sunday dedicated to the nation the Integrated Refinery Expansion Complex by the Bharat Petroleum Corporation Limited (BPCL) and laid the foundation stone for a petrochemical complex at Kochi Refinery.
Saudi Aramco to pay $1.6 bn for stake in S.Korea’s Hyundai Oilbank
State-owned Saudi Aramco plans to buy a stake of up to 19.9 percent of South Korean refiner Hyundai Oilbank from Hyundai Heavy Industries Holdings , for 1.8 trillion won ($1.61 billion), driving up shares of the parent 6.6 percent.
Domestic crude output down 4.3% in December
India’s domestic crude oil production dipped 4.3 per cent while gas production was 4.19 per cent higher in December 2018, compared with December 2017.
Auto LPG body for change in archaic Type Approval norm to promote gaseous fuels
The Indian Auto LPG Coalition (IAC) has demanded change in archaic Type Approval norms governing vehicle conversions to gaseous fuels to help automobiles easily convert to environment-friendly fuel.
Why CNG has an image problem among car-makers
Is the market perception of CNG a concern for automobile manufacturers in launching models for private use? Apparently yes, going by a leading car manufacturer.
Adani Group commits to invest Rs. 12,000 crore in TN
The Adani Group and Indian Oil Corporation took the lead in committing large investments in Tamil Nadu as the State’s two-day investors summit kicked off on Wednesday.