Petrochemicals News
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Additional sanctions imposed on Iran by the United States show that Washington`s offer of talks is not genuine, Iranian Foreign Ministry spokesman Abbas Mousavi said on Saturday.
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India should explore using coal gasification as feedstock to produce chemicals and petrochemicals in order to increase domestic output of these energy products, a top official said on Tuesday.
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Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins.
An investment of about Rs 1 lakh crore will be made in Odisha in the next five years in petrochemicals and oil and gas sectors including strategic oil reserves, Petroleum Minister Dharmendra Pradhan said on Friday.
In a move to promote use of CNG, the government has ordered state gas utility GAIL India Ltd to supply natural gas to city gas retailers by cutting supplies of non-priority sectors like steel and petrochemicals.
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