India´s crude oil refinery output declined 4.3 per cent to 18.55 million tonne (mt) in August 2014, continuing the downfall for the fifth straight month.
Category: Oil & Gas
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Petrobras, ONGC strike gas in Brazil
Brazil´s state-run oil company Petroleo Brasileiro SA (Petrobras) discovered natural gas in a well being drilled to help measure the potential of a giant Brazilian offshore find.
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Man Industries wins O&G supply contract
Man Industries has won new orders worth Rs 550 crore from domestic and international customers for supply of pipes for oil and gas projects.
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BPCL to invest Rs.13,000 cr in overseas projects
Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs13,000 crore in energy exploration and production in Mozambique and Brazil over the next four years.
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Waste gas-based power plant
Assam Gas Company Ltd (AGCL) and Assam Power Generation Corporation Ltd (APGCL) have decided to set up 50-MW power plant by utilising associated gas that is generally wasted in the oil fields.
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ONGC to invest Rs.5,219 cr for Daman gas project
Oil & Natural Gas Corporation (ONGC) said its board has approved a proposal to invest Rs 5,219 crore to enhance natural gas and condensate production from the Tapti Daman block in the Arabian sea.
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First cross-country pipeline to connect Bangladesh
Assam-based Numaligarh Refineries, a subsidiary of Bharat Petroleum Corporation, will shortly begin work on laying a product pipeline from Siliguri in West Bengal to Parbatipur in Bangladesh.
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OVL talks to Pemex for Mexico tie-up
ONGC Videsh (OVL) is in talks with Petroleos Mexicanos (Pemex), the national oil company of Mexico for a potential tie-up to pick up equity in exploration and production assets in the Latin American nation.
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IOC to commission Paradip refinery soon
Indian Oil Corporation (IOC) expects to commission its oil refinery at Paradip soon as 96 per cent of the construction work at the project is already complete. The refinery is the company´s largest investment in a single project and is also the first zero-residue refinery of the country.
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Geosynthetics lowers carbon footprint
Dr K Rajagopal, a Professor of Civil Engineering at IIT Madras, has worked in several geosynthetics industries in India, and is an active member of the International Geosynthetics Society.