UAE Accelerates Efforts to Reach 5 Million Bpd Production Capacity

Along with its goals of being self-sufficient in gas and becoming the pre-eminent oil storage and supply centre in the Middle East, the UAE's top priority is to increase crude oil output to at least 5 million barrels per day (BPD) as soon as practicable. In this backdrop, Abu Dhabi National O...

European scientists suggest a limitation in use of BPA, a hormone disruptor present in plastics and food

The proposed restriction is "a headstone for BPA in Europe," says Laura Vandenberg, an endocrinologist at the University of Massachusetts, Amherst, who deems it "a significant thing." Environmental and public health activists applaud the idea, which will be open for public com...

Europe’s Limits for BPA

For decades, scientists have known the harmful effects of bisphenol A or BPA on human health. BPA is used in products such as food storage containers. The science on the chemical is causing European regulators to propose stronger limits.

The European Food Safety Authority (EFSA) has ann...

OMCs plan to set up EV charging stations at petrol pumps

Indian Oil and BPCL, Oil marketing companies are planning to set-up e-vehicle charging infrastructure at existing fuel pumps. Both the companies are betting on electric vehicles, which is now a major section of the automobile sector in the country.

Highlights

Healthcare BPO Market was Valued at US$ 223.59 Bn in 2020 Owing to Rapid

Absolute Markets Insights (AMI) reports a robust forecast for the healthcare BPO market during the 2021-2029 period. In its newly released report, AMI anticipates the market will grow at 9.3% over the forecast period owing to increasing investments by healthcare organizations towards adoption of ...

LIGHTSOURCE BP ACQUIRED 1.06 GW SOLAR ENERGY PORTFOLIO OF RIC ENERGY IN SPAIN

Highlights:

• The company ‘Lightsource bp’ has acquired the 1.06-gigawatt solar project portfolio from the RIC Energy in Spain
• Lightsource bp and RIC Energy will be working together for developing the 14 solar energy sites across Spain
...

HERE IS HOW FACEBOOK HELPED RELIANCE TO REMOVE THE TAG OF OIL CONGLOMERATE

Highlights

• Facebook invested $5.7 billion in Reliance Jio Platforms Ltd. for the stake of 9.9 % 

• Following Facebook, total 12 companies decided to invest millions in Jio Platforms and helped Reliance Industries Limited become net-debt free

• R...

Jio-bp: UK OIL GROUP BP PAYS $1 BILLION TO RELIANCE FOR A PETROL STATION VENTURE

According to the recent reports, BP has paid a whopping sum of $1 billion to Reliance Industries to set up a joint network of thousands of petrol pumps across the country of India in order to capitalize the country’s positively dynamic energy demand. 
According to the statement ...

Disinvestment of BPCL: international Energy Giants Eye Indian Market

Kerala government was the promoter of the erstwhile Kochi plant with a 5 percent stake, same chief minister Pinarayi Vijayan in his letter to Prime Minister seeking his intervention to prevent the privatization drive.

As the central government is keen on achieving its withdrawal target ...

Russia misses the oil target

Russian oil output edged right down to 11.25 million barrels per day last month from August’s 11.29 million BPD; however, it remained on top of the cap set under the worldwide production deal. Accord reached between the Organization of the Petroleum Exporting Countries and allied producers,...

Saudi Aramco is set to buy BPCL government stake

In a highly profit generating venture, Saudi Aramco is set to buy stakes of Bharat Petroleum Co. Ltd. Experts allege, this will give the oil company an opportunity to enter into one of the world’s largest oil retail markets.

According to reports, the Indian government is planning ...

Iranian tankers get the permit

The oil terminal project would permit Iranian tankers to bypass the Strait of Hormuz and cargo their oil cargoes at the Jask port terminal, east of the strait. Iranian President Hassan Rohani' govenment is committed to put together by 2021 a dollar 1.8 billion crude export terminal at Bandar-...

Avaya makes its entrance in the Indian market

India is an emerging market and a very large market for world firms that are trying to achieve maximum benefits. And this is the reason why many firms are making their way to the Indian market. Avaya After making good research for India its research and development (R&D) hub, US-based busines...