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Construction & Infrastructure News

Mangalore caverns ready for more crude oil to hold strategic reserves

September 2016

The government-owned Indian Strategic Petroleum Reserves Ltd (ISPRL) is ready to fill the just-built underground rock-cut caverns near Mangalore with...

Indian Strategic Petroleum Reserves Ltd, Mangalore, Crude oil, Rajan Pillai, SPM, Engineers India Ltd, Geostock of France

India tries to recover $600 mn dues from Venezuela

September 2016

India has discussed ways to recover over $600 million of past dues from Venezuela including recouping it from payments for oil it imports from the La...

ONGC Videsh Ltd, San Cristobal oilfield, Petroleos de Venezuela SA, Dharmendra Pradhan, Delcy Rodriguez, Eulogio del Pino, Venezuela

We plan to develop India as a Southeast Asia hub

September 2016

At the moment, we estimate the market to be around 130 million square metres. And we expect this to potentially double within the next five to six ye...

Brian Schou Nielsen, Fibertex Nonwovens, Construction, Roads, Railways, Shoreline protection, Waste processing, American weather, Soil conditions, Southeast Pacific

Shell Lubricants launches Komatsu Genuine Oil 15W-40

August 2016

Shell Lubricants, in partnership with Komatsu, has launched a specially reformulated lubricant - Komatsu Genuine oil 15W-40. Following a global allia...

Shell Lubricants, Komatsu, Komatsu Genuine oil, Construction, Mining equipment, Akhil Jha, OEM, Yasunori Fujii

Slow investment recovery holding back growth | India Ratings

August 2016

India Ratings and Research (Ind-Ra) has revised its gross domestic product (GDP) growth forecast for FY17 upwards to 7.8 per cent from its earlier fo...

India Ratings and Research, GDP, Seventh Central Pay Commission, UDAY scheme, Make in India, Start Up India, Metals, Mining, Roads Oil & gas, Steel, Tyres, Wholesale Price Index, Consumer Price Index, CAD, RBI

Renold Gears introduces new SmartGearbox

August 2016

A new SmartGearbox featuring a unique oil condition monitoring system has been launched by Renold Gears. The patented technology is 60 times more sen...

SmartGearbox, Oil condition monitoring system, Renold Gears, Standard dielectric sensor, PLC

Russia offers Indian firms stake in Yamal LNG project

August 2016

Russia has offered Indian oil companies a stake in the second phase of Yamal LNG, the biggest project to produce liquefied natural gas in the Arctic....

Russia, Indian Oil Corp, Yamal LNG, Petronet LNG

India to stare at oil deficit in 15 years

August 2016

India, a net exporter of oil products, may not have any surplus capacity in 15 years going by the current rate of consumption and planned expansion, ...

Indian Oil Corporation, Refiner
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