Cairn India reports quarterly loss; reaffirms potential in Rajasthan block

May 2016

Cairn India reported a quarterly loss of Rs.10,948 crore for the March quarter, primarily led by impairment loss on goodwill and non-producing oil an...

Tags: Cairn India, Oil and gas, Crude oil, Mayank Ashar, RDG, EOR project, PSC

The first Lighting Tower fueled by LPG cylinders by Himoinsa

March 2016

This new model illuminates up to 32,000 sq m and guarantees 24-hour running times, meaning three nights of continuous work. The gas lighting tower in...

Tags: LPG cylinders, Himoinsa, Yanmar engine, Diesel lighting towers, OPEX, Manuel Aguilera, Oil and gas drillings, Óoodlights, Bauma, Munich

OVLs $1.26 bn stake in Russias field

January 2016

ONGC Videsh recently acquired a 15 per cent stake in Russia´s Vankor oilfield for $1.26 bn. The overseas arm of ONGC will get 4 m tonne of oil and eq...

Tags: ONGC Videsh, Russia´s Vankor oilfield, Vankor oil and gas condensate field, Mozambique´s offshore Rovuma

Steely growth

October 2015

India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next ...

Tags: Steel, Supreme Court, Mining Ban, Narendra Modi, Steel Research and Technology Mission of India, SRTMI, Foreign Direct Investment, FDI, Joint Plant Committee, Arun Jaitley, Make in India, Airports, Railways, Oil and Gas, Power

Revival of Indian Shipbuilding

September 2015

What has prevailed in the last 1000 years is not going to change in the foreseeable future. Merchant ships will continue to be the major means of tra...

Tags: Railways, Aairlines, Deeper ports, Power, Water, Roads, Oil and gas, Investment, Naval ships, Make in India, EXIM cargo, R&D, OEM, Cmde M Jitendran, Garden reach Shipbuilders

The PEB Wave

September 2015

The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materi...

Tags: Construction, Pre-engineered, Engineering, Materials, PEB, Kirby Building Systems, FDI, RCC buildings, Steel, Green buildings, Investments, Raw material, Power Plants, Steel Plants, Ports

Siemens launches Wireless Router for Smart City applications

May 2015

A cost-efficient solution for connecting network components to a WAN in large-scale deployments Optimally suited for the Indian market, the Ruggedcom...

Tags: Siemens Limited, Ruggedcom, Wireless Broadband Communication, Smart Cities, Oil and Gas Facilities, Power Distribution Systems, Switch Cabinets, Traffic, Rail Transport Control, Wide Area Networks, WAN, LTE, SFPs

Naveen Jindal plans to exit from the oil and gas business

August 2014

Naveen Jindal plans to exit from oil and gas business and also sell stakes in some project held by JSPL to reduce debt which stands at Rs 375 billion...

Tags: Deals, Oil and Gas, Mines, Power, Jindal Power, Steel, JSPL, Stakes, Cement