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Essar Energy in oil deal with Barclays
Barclays will take control of procurement and existing crude and refined oil inventories at Britain's second largest refinery to reduce the borrowing costs and trim debt levels of its operator Essar Energy. The deal comes nearly a year after Essar ...
Energy, Nuclear and Uranium: Critical Frontiers in India-Africa Relations
Another private sector company, Essar Energy Overseas Limited has a 50% stake in the Kenya Petroleum Refineries Limited since 2009. Both RIL and Essar have been bidding to acquire assets of British Petroleum in Zambia, Malawi, Botswana, Namibia, ...
Essar Steel begins work to reroute the longest slurry pipeline
The company gets iron ore from NMDC Ltd and feeds it to the benefication plant in Kirandul. Afterwards, the ore is sent to the pellet plant in Visakhapatnam via the pipeline.
IndianOil to set up refinery in Sri Lanka for Rs 20000 cr
Indian Oil Corporation (IOC) will set up its first refinery outside India with an investment of up to Rs 20,000 crore in Sri Lanka.
Eight Indian companies in Fortune 500 list; IOC, Reliance lead pack
Fortune's global list of world's 500 largest companies for 2012, compiled on the basis of latest annual revenue figures, is topped by Royal Dutch Shell ending the retail major Wal-Mart Stores's two-year winning streak.
PSA invests in development of automation technologies
As part of the program, PSA said that it has already awarded a tender to Singapore Technologies Kinetics Limited and Shanghai Zhenhua Heavy Industry Company Limited, to each develop two AGV prototypes with energy-efficient hybrid technology.
Analysis: Australia's fuel trade jumps as plug pulled on refineries
SINGAPORE (Reuters) - Australia is set to become Asia's biggest importer of fuels, opening up trading opportunities in one of the world's most profitable energy markets, as ageing Caltex and Shell oil refineries near Sydney shut and other plants look ...
India's Myanmar Fascination
Recently Mikkal Herberg, Research Director for Energy at the National Bureau of Asian Research stated, “We talk extensively about oil supply security and rising prices, but I frankly believe that Asia's real energy crisis is electricity.” India today ...
Groupe Limagrain closing in on second buy in India
Groupe Limagrain, the France-based euro 1.5-billion conglomerate focusing on seed cultivation, is understood to be in advanced stages of discussions to finalise an acquisition of about Rs 100 crore, after zeroing in on a couple of vegetable seeds ...
French company to build Jamnagar ethylene cracker project
Employing 30,000 people, Technip offers innovative technologies to meet the world's energy challenges and has modern industrial assets in all continents.