The United States has confirmed that it is in talks with European allies to potentially sanction Russian crude oil in response to Moscow’s ongoing aggression in Ukraine, sending oil prices briefly above $130. US Secretary of State Antony Blinken noted on Sunday during the NBC talk show Meet the Press on Sunday, “We are now in very active discussions … Read more
JSW Steel has reported Crude Steel production at 14.47 lakh tonnes (LT) for October 2018, registering a growth of 8% over corresponding month of previous year. The production of rolled products (long) increased to 3.46 LT in October 2018 as compared to 2.58 LT in October 2017, representing a growth of 34%. The production of … Read more
Punj Lloyd’s Crude Oil Storage Tanks, designed and constructed by it for Petronas – Malaysia’s national energy company, have been listed in the Malaysia Book of Records. Punj Lloyd was awarded the RAPID Tank Farm order, an Rs 3,515 crore project from PRPC Refinery and Cracker Sdn. Bhd.; a subsidiary under the Petroliam Nasional Berhad … Read more
JSW Steel has reported crude steel production of 4.18 million tonnes (MT) in Q2FY19, a growth of 6% compared to 3.94 MT over the corresponding period in 2018. The production of rolled products (flat) increased to 2.96 MT compared to 2.89 MT in Q2FY19, representing a growth of 2%. The production of rolled products (long) … Read more