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Mechanisation at Vizag port

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,

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New gas finds may raise output of RIL

New gas finds may raise output of RIL

Some analysts expect that the new gas finds of Reliance Industries (RIL) in the KG-D6 block may raise the production of natural gas from the asset. RIL has recently announced a major gas find more than 4 km below the sea bed and 2 km directly

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Demand for diesel grows

Demand for diesel grows

As per the data with the Petroleum Planning and Analysis Cell (PPAC) of the Union Ministry of Petroleum and Natural Gas, consumption of diesel continues to grow at a faster pace than other petroleum products despite the regular hike in diesel prices.