Page 6 - Petroleum

Indian Institute of Petroleum and Energy at Vizag receives Cabinet nod

Cabinet has also approved Rs 655.46 crore as capital expenditure to set up IIPE

Indian Oil finishes Mathura-Jalandhar pipeline repair to stop pilferage

An instance of illegal tapping on Mathura-Delhi section of the pipeline was detected on Feb 17, 2017

Rosneft and consortium led by Trafigura buy Essar Oil for $ 10.9 bn

Essar Group will also receive an additional Rs 13,300 crore ($ 2 billion) for the acquisition of Vadinar Port, which has storage and import-export facilities

Essar Oil plans Rs 1,600 cr investment in Vadinar refinery to boost GRMs

While it has already invested Rs 400 crore during planned shutdown, it will spend additional Rs 1,200 crore over 2-3 years for upgradation

GSPC asks ministry, Bharat Petroleum to make Sabarmati Gas 'more active'

Apart from domestic gas consumers, SGL services 244 industrial and 471 commercial gas consumers in Gujarat

Petroleum exports to Europe may get hit though fall in crude oil will help buyers

Indian petroleum products were pushed to fourth rank with $30 bn of exports in 2015-16 from first in previous year