Oil & gas
Saudi Aramco plans unit in India, to open office soon: report
05 Oct 2017
This is part of Saudi Aramco’s strategy of overseas expansion by investing in refineries in major markets to lock in customers as supplies from US start undemining Opec
Petrol, diesel to cost less as centre cuts excise duty by Rs2 per litre
04 Oct 2017
The decision comes after the government increased excise duty on auto fuels nine times since the oil price fall, and state-run oil marketing companies increased petrol prices by Rs7.8 a litre and diesel rates by Rs5.7 a litre since July this year
First US oil shipment arrives at Paradip; comes cheaper than Dubai oil
03 Oct 2017
The first US crude oil cargo of 1.6 million barrels bought by Indian Oil Corporation from the US Gulf Coast refiners has arrived at Paradip Port in Odisha priced $2 per barrel cheaper than the Dubai crude that India often buys
CNG cars in Mumbai region up 320% in five years
27 Sep 2017
British Airways set to turn household rubbish into jet fuel
19 Sep 2017
British Airways has partnered with renewable fuels company Velocys to turn household garbage into jet fuel for its fleet under a ground-breaking plan that would cut around 60,000 tons of carbon emissions every year
