Flowserve Corporation, a leading global provider of flow control products and services for the global infrastructure markets, today announced it will supply Indian Oil Corporation’s Gujarat Refinery with a special coke-cutting pumping system for the heavy oil upgrading project.
Refinery coke-cutting processing units upgrade heavy, high-sulfur crude oil and process it into high-value transport fuels. The [...]

India Globalization Capital, Inc., a company developing infrastructure in India, announced today that its subsidiary, Sricon Infrastructure Private Limited (Sricon), was awarded a $16.5 million surface mining contract by Ultratech Cement Company (Ultratech) for the extraction, transportation, and delivery of limestone to Ultratech’s Gujarat Cement Works plant in the city of Amreli in Gujarat, India. [...]

GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (”KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test - 3). During clean-up flow, the following stabilized gas/condensate rates [...]

Construction major Larsen & Toubro Ltd. (L & T) has bagged a contract worth 28 million euros ($ 44.13 million or Rs.1.70 billion) from China, the world’s largest and heaviest coal gasifier plant.
The Hebi Coal and Electricity Ltd., a subsidiary of Zhong Yuan Coal Chemical Industry Group’s mission.
Information of the Bombay Stock Exchange (BSE), an [...]

India’s largest public sector oil company by sales, Indian Oil Corp Ltd (IOC), and Gujarat-based Deep Industries Ltd have signed a memorandum of understanding (MoU) to jointly develop two coal bed methane (CBM) blocks and three marginal gas fields, and then market the natural gas.
Coal bed methane is a form of natural gas extracted from [...]

Jharkhand has sought a 20 percent share in the centre’s profits from coal and iron ore, saying delays in the revision of royalty on minerals mined from the state were causing it a loss of Rs.35 billion annually.
The demand was put forth at a two-day meeting of the Inter State Council of Mineral Resources [...]

Prize Petroleum Company Ltd, which was in the process of inducting a private equity firm as a partner, is now examining the prospects of coming out with an initial public offering, the Chief Executive Officer, M.N. Prasad, said.
As the process of induction of equity partner has got delayed and certain issues to be sorted out, [...]

India’s Oil and Natural Gas Corp. says it has resolved differences with British oil explorer Cairn Energy’s Indian arm over the construction of a 340 million dollar domestic pipeline.
Oil and Natural Gas Corporation (ONGC) managing director R.S. Sharma told reporters in New Delhi that the state-run firm had “reached an understanding” on the pipeline that [...]

Early Tuesday, Scotland-based Cairn Energy PLC revealed that shares of its Indian subsidiary, Cairn India Limited, have commenced trading in Bombay Stock Exchange Limited, or BSE and the National Stock Exchange of India Limited, or NSE. The company received the approval from both exchanges in this regard on January 5, 2007.
Cairn India made its market [...]

Essar Oilfields Services Limited (EOSL) has been awarded a drilling contract from Gujarat State Petroleum Corporation Ltd (GSPC) for drilling in the Krishna Godavari (KG) basin offshore India’s east coast.
The contract for Essar Wildcat is for a period of two years with a contract value of $250 million. The contract also contains provisions for two [...]