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IOC to operate oil plant in Sri Lanka with local ally
May 18, 2013
NEW DELHI, May 18 -- Ending a decade-long uncertainty, India has proposed to Sri Lanka that it is willing to operate an oil storage plant in Trincomalee harbour, a crucial strategic asset, jointly ...
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Kuwaiti oil executives suspended over Dow Chemical penalty
May 18, 2013
The Kuwaiti cabinet has decided to suspend several senior oil executives over a $2.2bn penalty paid to Dow Chemical for scrapping a joint venture and ordered a judicial investigation into the matte...
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Sasol rival says its expansion thwarted by propylene prices
May 18, 2013
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CDC battles to unlock full development potential
May 18, 2013
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Residents up in arms against railways on approach roads
May 18, 2013
TRIPUNITHURA, May 18 -- Residents are up in arms against the Railways for failing to keep its word again. The decision to complete the work of the two approach roads to the station by May 15 still ...
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HollyFrontier Announces Temporary Downtime of FCCU at its Subsidiaries' El Dorado and Cheyenne Refineries
May 18, 2013
New Delhi, May 17 -- HollyFrontier Corporation (NYSE: HFC) announced unplanned downtime to the Fluid Catalytic Cracking Units (FCCU) at its subsidiaries' Cheyenne and El Dorado refineries due to op...
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Water Resource Development Act Paves Way for Sabine-Neches Waterway Deepening Project
May 18, 2013
New Delhi, May 17 -- The U.S. Senate today passed the Water Resource Development Act (WRDA) (S.601), which maintains the flow of commerce by improving the nation's water infrastructure. The bill au...
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Golden Pass Products Starts FERC Pre-filing ProcessStarts
May 18, 2013
New Delhi, May 17 -- Golden Pass Products LLC (GPP) announced today it has submitted a formal request to the Federal Energy Regulatory Commission (FERC) to initiate pre-filing for the proposed liqu...
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Fuel prices rise
May 18, 2013
The good times at the petrol pump appear to be over for motorists, with the cost of fuel rising by 4 cents across all grades. A litre of 91 octane is now retailing for 208.9c at most service statio...
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OIL seeks revision in natural gas price
May 18, 2013
New Delhi: Oil India Ltd (OIL) has demanded a revision in price for natural gas for state-owned firms alongside the planned hike in rates for private players like Reliance Industries, saying tha...
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