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Author: admin (Infratructure Today)

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RIL, BP bank on $5 bn investment to reverse fall in output

RIL, BP bank on $5 bn investment to reverse fall in output

According to a joint statement from Reliance Industries (RIL) and BP, their jointly proposed $5 billion investment includes testing of a new layer of natural gas under the rapidly depleting fields in the KG-D6 fields. Both the firms agreed to invest jointly of $5 billion in the next few years to boost natural gas output in the flagging Krishna Godavari (KG) D6 basin gradually from 201

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RIL, BP bank on $5 bn investment to reverse fall in output

RIL, BP bank on $5 bn investment to reverse fall in output

According to a joint statement from Reliance Industries (RIL) and BP, their jointly proposed $5 billion investment includes testing of a new layer of natural gas under the rapidly depleting fields in the KG-D6 fields. Both the firms agreed to invest jointly of $5 billion in the next few years to boost natural gas output in the flagging Krishna Godavari (KG) D6 basin gradually from 201

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Minister mulls extending Dabhol-Bangalore pipeline

Minister mulls extending Dabhol-Bangalore pipeline

Union Petroleum Minister Veerapa Moily informed that his ministry was thinking of extending the Dabhol-Bangalore gas pipeline between Chitradurga and Mangalore. He said this after commissioning the 1,000 km long gas pipeline between Dabhol in Maharashtra and Bidadi near Bangalore. The pipeline was laid by GAIL at an inve

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Minister mulls extending Dabhol-Bangalore pipeline

Minister mulls extending Dabhol-Bangalore pipeline

Union Petroleum Minister Veerapa Moily informed that his ministry was thinking of extending the Dabhol-Bangalore gas pipeline between Chitradurga and Mangalore. He said this after commissioning the 1,000 km long gas pipeline between Dabhol in Maharashtra and Bidadi near Bangalore. The pipeline was laid by GAIL at an inve

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PNGRB to revive licensing for CGD networks

PNGRB to revive licensing for CGD networks

Petroleum and Natural Gas Regulatory Board (PNGRB) is expected to revive the licensing process for city gas distribution (CGD) system. Since 2009, there was no progress in CGD licensing on account of legal obstacles in the board's functioning.
According to media reports, the downstream oil and gas regu

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PNGRB to revive licensing for CGD networks

PNGRB to revive licensing for CGD networks

Petroleum and Natural Gas Regulatory Board (PNGRB) is expected to revive the licensing process for city gas distribution (CGD) system. Since 2009, there was no progress in CGD licensing on account of legal obstacles in the board's functioning.
According to media reports, the downstream oil and gas regu

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AirAsia expects to start JV operation by 4th quarter

AirAsia expects to start JV operation by 4th quarter

By the fourth quarter of 2013, AirAsia expects to start operation of its proposed low-cost airline in a joint venture with Tata Group and Arun Bhatia of Telestra Tradeplace. As soon as the joint venture receives approval from the sectoral regulator, it would launch operation, AirAsia's founder and group CEO Tony Fernandes said

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World steel output grows a mere 0.8%

World steel output grows a mere 0.8%

Data from World Steel Association (WSA) shows the global production of the alloy rose a mere 0.8 percent in January 2013 to 125 million tonne (mn t) from 123.7 mn t in January 2012. During January 2013, India produced 6.3 mn t, data from the association shows. In its monthly report, the body said