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Construction & Infrastructure News

Foreign companies ready to partner HPCL-GAIL JV for AP project

September 2016

A few foreign players have expressed interest in partnering with Hindustan Petroleum (HPCL) and GAIL to build a petrochemicals complex in Andhra Prad...

Hindustan Petroleum, GAIL, HPCL, Mukesh Kumar Surana, JV

Indian petroleum goods to pass through Bangladesh

September 2016

Indian Oil Corporation and the Roads and Highways Department of Bangladesh have signed a Memorandum of Understanding in Dhaka. The MoU enables IOC to...

Indian Oil Corporation, Roads and Highways Department of Bangladesh, Memorandum of Understanding, Trucks carrying motor spirit, High speed diesel, Superior kerosene oil, Liquefied petroleum gas, IOCL trucks

Antwerp Port to help develop AP ports

September 2016

BelgiumĀ“s Antwerp Port Authority, which operates the largest port in Europe after Rotterdam, has offered its expertise to explore trade through ports...

Belgium Antwerp Port Authority, Port, Greenfield port, Smart Cities, Petroleum clusters, Inland waterways

KG-D6 | RIL hit by $380 mn additional penalty

September 2016

The government has slapped an additional penalty of $380 million on Reliance Industries and its partners for producing less than targeted natural gas...

Reliance Industries, KG-D6 fields, Natural gas, Government of India, Profit Petroleum

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

Four natural gas processing terminals to come up

September 2016

The Petroleum Ministry will set up four new terminals with a capacity of 50 million tonnes across the country for processing and supply of natural ga...

Petroleum Ministry, Terminals, Dharmendra Pradhan, Gas, Laghu Udhyog Bharti, National Democratic Alliance rule

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

KG-D6 | RIL hit by $380 mn additional penalty

August 2016

The government has slapped an additional penalty of $380 million on Reliance Industries and its partners for producing less than targeted natural gas...

KG-D6 fields, Reliance Industries, Government of India, PSC, Ministry of Petroleum and Natural Gas revises, Petroleum
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