Search This Blog

Cairn India's Mangala field to achieve peak production of 175,000bpd by 2011-12  

Mangala field likely to bring down India's oil import bill by $6.8 bn


Friday, September 03, 2010



India's largest onshore field, Cairn India's Mangala field, has saved nearly $1 bn (Rs 50 bn) of foreign exchange in its one year of production. It is likely to achieve peak production of 175,000bpd by 2011-12, which will cut the country's crude import dependence by 20% at current consumption level. This could lead to savings in India's oil import bill of $6.8 bn.Cairn is now setting up the Mangala Processing Terminal to process output from the oil fields in Barmer, to produce oil and associated gas. With four crude oil processing trains, MPT will have a total capacity of 205,000 bpd of oil.

http://www.hindustanpetroleum.com/En/ui/HPCLinNews.aspx

Read More...
AddThis Social Bookmark Button

Indian Oil to raise refining capacity to 81 mn tons by 2012  

Indian Oil Corporation plans to increase refining capacity by 2012



IOC intends to upgrade its refining capacity to 81 mn tons by 2012. It will expand its Haldia refinery (Bengal) to 7.5 mn tons and the Panipat refinery (Haryana) to 15 mn tons this year, placing the company's total refining capacity at 54.2 mn tons per annum. The planned expansion to 81 mn tons will take place with the commissioning of 15 mn ton Paradip refinery in Orissa.

Read More...
AddThis Social Bookmark Button

PETRO AVEC awarded patent for a process to remove sulphur from crude oil  

Petrosonics LLC awarded a patent in India

Petrosonics LLC, partner in the PETRO AVEC joint venture, has been awarded a patent in India for 20 years. The patent pertains to process of removal of sulphur from all types of crude oil fractions through sonic energy and oxidation and removal of oxidized sulphur through hydrotreatment. At 5.6 bn barrels of proven oil reserves, India has the second largest reserves in the Asia Pacific region after China. India is the fourth largest consumer of oil in the world, as per consumption in 2009 of 3 mn bbl/d. The patent will help AVEC to license PETRO AVEC technology through cross licensing by a large Indian oil company.

http://www.hindustanpetroleum.com/En/ui/HPCLinNews.aspx

Read More...
AddThis Social Bookmark Button

List of LED lantern suppliers- send company details  

We want to publish a list of LED Lantern suppliers. If you manufacture similar products, send details about your company in the comments section and we shall publish for you free.

Read More...
AddThis Social Bookmark Button

OIl Spill updates- Goa beaches  

Tar balls spoiling Goa beaches may stay till October: Government




Panaji, Sep 2: Goa's tourism season, which begins in October, could be in peril.







The state government has conceded that the tar ball phenomenon which has layered several beaches with ugly, acrid, black streaks of oil, may well continue right up to October, when millions of tourists visit the state.



"The appearance of tar balls along the west coast of India is an annual phenomenon with high likelihood in the months from May to October, generally arising when an oil-slick occurs in the vicinity," the state tourism department said in a statement late Thursday, quoting experts at the National Institute of Oceanography (NIO), a top central-government funded marine research centre.



The communique, also does not conclusively say when the tar balls, which have affected popular beaches like Calangute and Candolim, 15 km from here, and Colva, Velsao and other beaches in south Goa, would stop.



"Changing patterns of the weather and tides play a large role in determining whether the appearance of tar balls will continue over the next few days," the release stated.



This may not bode well for Goa's tourism season, which stretches from October to March and sees nearly 2.5 million tourists during the period, who swoop down in Goa in droves to its sun kissed beaches.



The press release also quotes state tourism director Swapnil Naik as saying that a team of scientists from the Nagpur-based National Environmental Engineering Research Institute (NEERI) were expected to arrive into the state by early next week to conduct a thorough study of the phenomenon.



Naik has also tried to downplay the seriousness of the tar ball invasion by calling it an annual phenomenon during the monsoon season.



"We are in touch with the National Institute of Oceanography and are consulting with them on the occurrence. Close to 200 personnel are working round the clock to ensure that the beach cleaning operations proceed smoothly," Naik has said.



The statement also quotes a spokesperson for the Travel and Tourism Association of Goa (TTAG), Ralph de Souza, as however putting up a brave face.



"The sea gets rough and tar balls make their presence, although in very small quantities along the Goan beaches. The issue will definitely not affect the coming tourist season in any way," de Souza said, contradicting an earlier statement by TTAG president Gaurish Dhond.



Dhond, while speaking to IANS, had termed the tar ball phenomenon a bad omen which "will not be good for tourism in Goa".

http://www.newkerala.com/news2/fullnews-33896.html

Read More...
AddThis Social Bookmark Button