Apr 13 2018
The refinery at Ratnagiri in Maharashtra will be handle up to 1.2 million barrels of oil a day, the Saudi company said in a statement after signing a memorandum of understanding with Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.
Ratnagiri Refinery and Petrochemicals Ltd. (RRPCL) will rank among the largest world refining and petrochemicals projects and will be created to meet Indias fast-growing fuels and petrochemicals demand.
India-the world's third largest oil consumer-has been pushing for reasonable crude oil pricing from The Kingdom. "We have seen an inflection point into economic as well as energy demand and the companies have also grown to appreciate the values that Saudi Aramco and the Kingdom bring in terms of reliability and consistency of energy supplies", he added.
The signing of the mega refinery project in India followed Saudi Aramco's deal with French energy firm Total for a $5bn petrochemical complex in Jubail, Saudi Arabia, as well as the finalisation of its petrochemical joint ventures with Malaysia's state-owned oil and gas firm PETRONAS. If things go to plan, RRPCL will go a long way in meeting India's fast-growing fuels and petrochemicals demand.
Tour bus crashes on way to Masters Tournament; driver facing DUI charge
The bus, which was carrying a group from Atlanta to the tournament, is owned by Jet Executive Limousine, troopers said. Authorities have closed one lane of traffic in both directions. "It's not the way we planned the day", Plowman said.
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Two accused Rishabh, 29, and Rohit, 26, taught mathematics and physics respectively at Mother Khazani Convent School at Bawana. Delhi Police formed a Special Investigation Team (SIT) of its Crime Branch to investigate the leak of papers.
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The 50 per cent of the crude requirement of the project will be met by Saudi Arabia.
New Delhi: Kuwait Petroleum International is likely to buy stake in an Indian refinery-cum-petrochemical project, said Nabeel Bourisli, the company's chief executive officer, on Wednesday. The new facility will be integrated with an existing oil refinery-itself a joint venture between Aramco and Total.
Saudi Aramco is also participating as sponsor of the forum which opened today (April 10) and will run until April 12.
"The projects will have risks, the markets will have risk, but India has no risk and have told the Aramco team to assign zero political and regulatory risk to India and treat it as part of Saudi Arabia", he told reporters. "We're looking to global gas to identify opportunities for gas that we can also bring to the kingdom", he said. However, B Ashok, the CEO of RRPL, reportedly claimed that the project is well on its course and is expected to be ready by 2025.
Apr 13 2018
Toys R Us receives several $1bn bids for its Asia unit
Moorfields has been managing the administration of the bust company, after it was unable to pay a 15 million pound tax bill. Failed US toy-store chain Toys'R'Us reportedly plans to sell its Asia business for more than one billion dollars.
Apr 13 2018
Marvel's Avengers: Infinity War Gets A New Featurette About Family
Starting today, Fandango is offering limited edition " Avengers: Infinity War " collectible movie character gift cards. Lastly, Mark Ruffalo calls Downey Jr.as the "godfather" among the Avengers cast because of the journey he has made.
Apr 13 2018
Almost 260 dead in military plane crash in Algeria
Algeria's defense ministry was quoted by state TV as saying that 247 passengers and 10 flight crew were among those killed. Most merchants near the airbase remained closed for business in a mark of respect for the dead and their families.
Apr 12 2018
Real Offer Cash Plus Player For Salah
It makes no sense to talk about what we do with boys in rehab but we've tried everything to make him available", Klopp said. Salah has now claimed the prize four times this season, after scooping it in November, December and February.
Apr 11 2018
Mega Man X Legacy Collection Confirmed As Two Releases
Mega Man X Legacy Collection 1 and 2 will release on PC, PS4, Switch and Xbox One July 24 digitally for $19.99 each. With additional leaderboard support, you'll be able to compare your best time and see how you stack up!
Apr 10 2018
Brock Lesnar Resigns With WWE, Steel Cage Match Announced
WWE owner Vince McMahon still wants to keep Lesnar in the company as he views him and Ronda Rousey as the two biggest attractions. Nakamura embraced Styles and kneeled to present the WWE Championship to him, only to hit Styles with a low blow and attack him.
Apr 09 2018
Trump says Amazon to get a 'serious look'
The stock dispatched 20.56% performance during the quarter and performance arrived at 51.68% over the last six months. They have fallen as much as 10% in recent weeks as the president has stepped up his attacks on the e-commerce giant.
Apr 07 2018
Mack Horton claims Australia's first gold medal
New Zealand's men's team pursuit have been disqualified from their rideoff for bronze at the Commonwealth Games tonight.
Apr 06 2018
Tony Finau in second place after round one of the Masters
Finau, ranked No. 34 in the world, ended up withdrawing from the event but stuck around for the final two holes. But in a message to his fans on Twitter last night, Finau admitted he wasn't too anxious about the incident.
Apr 05 2018
Rams plan to sign Brandin Cooks to extension before season starts
While he wasn't always an efficient deep threat, Cooks helped to stretch the field with a speed element the team otherwise lacked. With two first-round picks (No. 23 and No. 31), the Patriots have what it takes to get in the Beckham Jr. conversation right now.
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