oil business
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Franchise India Bureau Jan 19 2019 - 1 min readRussian oil giant Nayara Energy has announced $ 850 million expansion plan for its Vadinar refinery in Gujarat, marking its entry into the petrochemical business. Nayara Energy, earlier known as Essar Oil, is operating a 20 million tonnes a year oil refinery at Vadinar. B Anand, CEO of Nayara Energy, has said that in the ...
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Franchise India Bureau Jan 04 2019 - 1 min readIndia's seven bluechip oil firms including IOC and ONGC has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Bombay for setting up a Centre of Excellence in Oil, Gas and Energy. Dharmendra Pradhan, Minister for Petroleum and Natural Gas, said, "The centre of excellence will collaborate to research and explore ...
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Franchise India Bureau Jul 19 2018 - 2 min readSpanish oil company Cepsa Trading SA said on Wednesday it will produce and sell marine and power generation lubricants in India through a partnership with GP Global Energy Pvt Ltd, part of UAE-based GP Global (formerly called Gulf Petrochem). GP Global will produce the marine lubricants line of Cepsa through a contract with its group ...
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Nibedita Mohanta May 30 2018 - 3 min readIncrease in fuel rates in India has created quite a storm in people’s lives, right from the common man to businessmen all are feeling the burn, that the price rise has dug in their pockets. So the question arises: Is oil price rise burning a hole in Indian Business? The rise ...
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Sandeep Rana, TFW Bureau Sep 29 2017 - 5 min readAs per a recent report published in an English daily, anyone with financial capabilities will soon be able to open a petrol station as oil marketing companies are in talks with the government to allocate dealership to anybody willing to open a fuel station in the country. The reports say government officials are reportedly in ...