Dinesh K Sarraf, Managing Director of ONGC Videsh (OVL) said the firm started producing crude oil from its oilfields in Sudan, which was halted 15 months ago owing to the partition of the African nation.
Tag: June
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Banks need to remain focused on infra despite low demand currently
Correction in macro-economic fundamentals, the governmentÆs efforts to resolve power and roads issues, and policies being formulated point towards a healthy future. SS Mundra, Chairman and Managing Director, Bank of Baroda, explains to Sumantra Das
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Ministry wants banks to ease land norms for road projects
Banks have been asked by the union finance ministry to disburse loan to road projects developers who have acquired 80 per cent of the required land instead of the existing norm of 100 per cent.
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Vizhinjam project master plan
The master plan and detailed project report (DPR) for the proposed Vizhinjam container terminal and international port project in Kerala was released by the state Chief Minister Oommen Chandy.
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Coastal shipping in VRV region
Business groups in the Visakhapatnam-Rajahmundry-Vijayawada (VRV) region must revive the coastal shipping and inland waterways sector,
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Essar Oilfields procures rigs for CBM wells
Essar Oilfields Services is in the process of procuring six on-shore drilling rigs for coal bed methane (CBM) at a cost of about $36 million. These rigs have greater mobility as required in CBM drilling,
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A pioneer in desalination
A technical seminar on "Technological Advancements in Large size Thermal & RO Desalination plants" was organised by IDE Technologies India. The purpose of seminar was to inform the latest innovations and technological advancements in Desalination
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Govt to introduce new norms for CPSE investment
The government is rationalising and consolidating the existing norms on the investment of excess cash by the Central Public Sector Enterprises (CPSEs). A committee appointed to review the investment norms for CPSEs submitted its report the finance ministry.
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Tunnel construction project
There has been a long delay in the tunnel construction for the proposed underground metro line from close to Mandi House to ITO in Delhi.
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Mechanisation at Vizag port
The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum,