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Engineers India bags orders worth Rs 2,500 crore from HPCL

Engineers India bags orders worth Rs 2,500 crore from HPCL

Engineers India has bagged orders from HPCL for execution of the Vizag Refinery Modernisation Project (VRMP). EIL will execute the project contract under two separate contracts, PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis.

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Emergent Gujarat

Emergent Gujarat

With the adverse effect of demonetisation still looming over the country, the New Year will witness industry bigwigs - both international and homegrown ù queuing up to invest in India´s most industrially developed state, Gujarat. The occasion, Vibrant Gujarat (in its 8th edition), is all geared up to welcome the investors from all across the world.

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SCI vessel to make first Iranian call since 2012

SCI vessel to make first Iranian call since 2012

A Shipping Corporation of India (SCI) vessel will call at Iran in December after a four-year gap because of sanctions. It will deploy a suezmax for state-refiner Hindustan Petroleum Corp. Other Indian refiners including Bharat Petroleum Corp and Mangalore Refinery and Petrochemicals have also signed deals for Iranian oil.

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Ports with land banks should develop FTZs

Ports with land banks should develop FTZs

India needs to learn lessons from the UAE and develop adequate high quality back up facilities for storage and warehousing to enable the global players do international trade through our ports, Pankaj Modi, Chief Operating Officer, Adani Ports and SEZ, tells Sumantra Das.

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India to cooperate with Iraq on various sectors

India to cooperate with Iraq on various sectors

At a bilateral meeting with the leaders of Iraqi government, Union oil Minister M Veerappa Moily offered the participation of Indian companies with expertise in areas such as refineries, petrochemicals and fertilisers in various projects in the gulf nation. He recently visited Iraq to attend the 17th meeting of the India-Iraq Joint
Commission. Moily stressed on the need to strengthen the relationship between the two countries given that Iraq is the s

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ONGC aims to double output by 2030

ONGC aims to double output by 2030

Under its ''Perspective Plan 2030'', Oil And Natural Gas Corporation aims to double its oil and gas production by 2030; with nearly 46 per cent contribution expected to come from overseas assets, Sudhir Vasudeva, Chairman of the firm said earlier. The plan maps the long-term growth model of ONGC as an energy major.

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Brokerage expects mixed profitability of oil and gas firms

Brokerage expects mixed profitability of oil and gas firms

In its recent report on earnings of oil and gas sector, Angel Broking said it expected mixed profitability performance of the companies in this sector during Oct-Dec 2012 quarter. The brokerage expects the top-line of Reliance Industries (RIL) to rise 5.7 percent yoy on account of higher prices of petrochemicals. However, its operating profi

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Brokerage expects mixed profitability of oil and gas firms

Brokerage expects mixed profitability of oil and gas firms

In its recent report on earnings of oil and gas sector, Angel Broking said it expected mixed profitability performance of the companies in this sector during Oct-Dec 2012 quarter. The brokerage expects the top-line of Reliance Industries (RIL) to rise 5.7 percent yoy on account of higher prices of petrochemicals. However, its operating profi

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