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State oil companies are investing in petrochemical; despite facing oversupply
The aim is to boost the production of essential chemicals used in plastics, paints, and other industrial applications, which have historically been imported from countries like China.Read more
Indian Oil cancels green hydrogen tender for the third time
The tender was notable for being the first attempt by an Indian company to establish the price of green hydrogen through a bidding process. Read more
Gulf Oil India's PAT grows 9.04 % reaching Rs 8.85 billion in Q1
The quarter saw continued strong growth in B2C distribution, resulting in good growth in both commercial and personal mobility segments. Read more
Honeywell unveils emissions monitoring solution for offshore oil & gas platforms
Unknown emissions can leave companies with offshore assets prone to regulatory hyperspectral satellite inspections, which could lead to large fines if a super-emitter event is detected. Read more
L&T to invest $50-60 billion in O2C & petrochemical projects in the Middle East
L&T is seeking potential joint ventures with other engineering, procurement, and construction (EPC) companies for these significant projects.Read more
TFS launches ‘Make in India’ air quality monitoring system analysers
Designed to provide accurate data on air pollutants and gases, the AQMS analysers play a crucial role in monitoring and regulating industrial emissions, contributing to the government’s efforts in curbing air pollution.Read more
ELGi rolls out EG PM oil-lubricated screw compressors to reduce energy usage
The system's direct coupling ensures optimised motor and airend speeds, facilitating synchronous operation and peak performance, especially beneficial in variable speed applications.Read more
Welspun World appoints G R Arun Kumar as Group CFO
Renowned for its technological and operational excellence, Welspun Group holds a leadership position in Line Pipes & Home Textiles sectors globally, catering to major Fortune 100 companies.Read more
Honeywell announces sustainable solutions for methane reduction
In 2021, approximately 60 percent of Honeywell’s new product introduction research and development investment was directed toward products that improve environmental and social outcomes for customers.Read more
Servotech secures order worth Rs. 111 Crore from IOCL and other OEMs
The order secured by IOCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at Indian Oil petrol pumps and other said locations.Read more