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Ministry to present proposal for Cuddalore petrochem hub for Cabinet approval in 2 weeks
| Fri Mar 02, 2012…Government of India would sanction the project, whereupon various agencies from the central and state governments would swing into action. Spread over a 250 sq. km area around Cuddalore, the project will…
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Call for meeting with important lenders of HPL signals government's intent to play a more active role in management
| Tue Feb 21, 2012…government in playing a more active role in managing HPL. Until recently, private promoter Purnendu Chatterjee of The Chatterjee Group has been allowed to run the company without any interference. This…
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HPCL board approves JV for Rs 37,000 cr refinery and petrochemical complex in Rajasthan
| Fri Apr 26, 2013…Government of Rajasthan will hold 26%. The unit is planned to go on stream in four years. Besides stake acquisition, the state has given in-principle approval for providing an interest free loan of Rs…
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Mann+Hummel Takes Over Chinese Filter Manufacturer Bengbu Haoye
| Thu Aug 30, 2012…government authorities.
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Oil prices fall as US government report indicates surge in supplies of gasoline and dip in crude stockpiles
| Thu Dec 06, 2012…government report showed a surge in supplies of gasoline and other products while crude stockpiles fell.The Department of Energy reported crude oil supplies fell by 2.4 mln barrels in the week ended November…
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DSM to invest ?100 mln in three new R&D facilities in the Netherlands
| Thu May 24, 2012…government bodies and other companies (including SMEs), the investments will have a major impact on the strengthening of the Dutch knowledge-based economy, precisely in the fields that the Dutch government…
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Trinidad moves ahead with SABIC, talks begin on methanol project
| Fri Feb 10, 2012…government moved closer to approving a $5.
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CPDC to relocate 50% of its overall production capacity to Jiangsu province
| Fri Mar 16, 2012…government, China Petrochemical Development Corp. (CPDC) has resolved to relocate half of its overall production capacity to Jiangsu province, as per CENS. The Taiwanese government has requested the company…
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Formosa plan for safety checks at Mailiao complex to be complete by August 2012
| Tue Nov 01, 2011…government has accepted a plan by the Formosa Plastics group for safety checks at its fire-hit Mailiao complex that will see operations suspended in stages until the end of August 2012, as per Reuters.…
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Projects news in brief
| Mon Jul 02, 2012…government-owned International Petroleum Investment Co. (IPIC) have formed a...
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HPL challenges arbitration process initiated by The Chatterjee Group
| Thu May 03, 2012…government and HPL parties to the arbitration process. HPL has also contested that the contracts mentioned by Chatterjee in the arbitration process were time bound: they had lost their validity after…
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State Government grants incentives to two oil refineries proposed in Andhra Pradesh PCPIR
| Thu Jan 12, 2012…Government has issued controversial orders granting a string of incentives to two oil refineries proposed in Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) developed between Visakhapatnam…
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INSIGHT: Libya's return to oil production, refining will take time
| Mon Aug 29, 2011…government, will...
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INSIGHT: US BPA baby bottle ban results from market forces
| Thu Aug 16, 2012…government regulator to limit the use of a chemical at the request of the chemical industry....
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INSIGHT: Argentina's YPF takeover sinks shale gas, petchems outlook
| Tue Apr 17, 2012…government's proposed takeover of energy producer YPF could scare away the outside investors needed to...