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BREAKING NEWS : Oil Refinery Fire In Houston

Shri Dharmendra Pradhan, Honorable Minister of State(Independent charge) Petroleum & Natural Gas flagged off the first dispatch of consignment of products from Paradip Refinery, IndianOil comprising High Speed Diesel(Diesel), Superior Kerosene(Kerosene) and Liquified Petroleum Gas(LPG) on 22nd November 2015

[ ] Oil ($/bbl): Nymex Crude Future 84.41, Dated Brent Spot 97.46, WTI Cushing Spot 83.91 Natural Gas ($/MMBtu): Nymex Henry Hub Future 2.51, Henry Hub Spot 2.19, New York City Gate Spot 2.34 Oil price rose … more

Essar Projects, a global EPC (Engineering, Procurement & Construction) company, said its joint venture with Italy's Saipem S.p.A has won a USD 1.57 billion order from Kuwait National Petroleum Company (KNPC) for setting up Al-Zour Refinery Project (ZOR), Package-4, in the State of Kuwait. This is Essar's biggest third-party order won in the region

Kuwait National Petroleum Company's (KNPC) Clean Fuels Project (CFP) involves the upgrade and integration of the Mina Abdulla (MAB) and Mina Al Ahmadi (MAA) refineries. The project will increase the combined capacity of the refineries from the existing 736,000 barrels per day to 800,000 barrels per day, and will lower the sulphur content of petroleum products to 5%.

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Peiyang Chemical Equipment Co., Ltd. (referred to as PCC) is a leading EPC contractors in oil & gas fields and has consistently proven itself as the company of choice in designing and manufacturing of modular refinery. PCC was established in 1993, and it's a state owned company by Tianjin University which is ranking No.1 in chemical engineering in China. PCC has a factory size of 145,064m2 and currently employs more than 350 people with various responsibilities in design and R&D, project management, engineering, procurement, and construction. A significant number of personnel also handle the commercial, financial, IT and administration of the Company. PCC prides itself as a leading Design, OEM (original equipment manufacturer) and Trading Company. The portfolio of onshore and offshore solutions for Oil & Gas, Bio-fuel, Petrochemical, Pharmaceutical solutions include but not limited to: Engineering design Manufacturing of process equipment Research and development Procurement Installation support Commissioning and start up Training PCC was awarded the National New Product Certificate, Second Prize of National Science and Technology Progress. PCC also passed the ISO 9001:2008, had the National pressure vessel design & manufacturing certificates, gained ASME and U certificates. PCC is the member of Fractionation Research, Inc. (FRI).