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Crude News
Bathinda refinery to be inaugurated this month The Rs 21,500-crore Guru Gobind Singh Refinery, an HPCL-Mittal Energy Limited project in Bathinda(Punjab) would be inaugurated in mid-April, likely to change the industrial scenario of whole Punjab. Prabh Das, managing director and chief executive officer of HPCL-Mittal Energy Limited, had met Punjab deputy chief minister Sukhbir Singh Badal and apprised him of the development. Das informed this was
Brent rises near $123 on U.S. gasoline, Mideast supply worries
Current account deficit seen widening in Oct-Dec
India’s current account deficit (CAD) may worsen for the third quarter of 2011-12, though respite is expected from inward remittances on a weakening rupee. During October-December, the rupee
Focus could increase on domestic factors: Sukumar Rajah
Sukumar Rajah, managing director and chief investment officer, Asian Equities, Franklin Templeton Investments, tells Priya Kansara Pandya foreign money flows, due to
We now have flexibility to produce better products: L K Gupta
Essar Oil has announced expansion of its Vadinar refinery to 18 million tonnes of annual capacity. This makes it the country’s second biggest at a single location. In an e-mail interview,
Brent near $124 as U.S. crude stocks rise offsets Iran
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