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BPCL signs major deals with Petrobras and Shipping Corporation of India

It is to develop a dedicated shipping network for transporting crude oil.


CMA CGM to acquire 48% of Santos Brasil for $1.2 bn, plans takeover bid

This price represents a 20% premium over the closing price of 12.71 reais.


Petrobras loads Reliance diesel post delay

This marked the first such shipment from India in over a year.


BPCL to match Brazilian offers for Videocon's oil basins

BPCL has until May 30 to match the offers.


KEC International wins new orders of Rs 12.94 billion

KEC International wins new orders of Rs 12.94 billion


Sterlite Power bags six transmission projects, to invest $2 bn in Brazil

Sterlite Power has bagged six transmission projects and will invest close to $1 bn in the Brazilian power transmission sector. The project includes setting up 23 sub-stations, 2,000 circuit km of transmission lines and 5,500 MVA of transformation capacity.


Suzlon secures 65 mw turbine order from Uruguay

Suzlon on October 14 announced that it has secured an order for setting up a 65 mw project in Uruguay. In a statement, the wind turbine maker stated that the project is located in the southern Department of Colonia in the South American country.


Demag Cranes supplies portal harbour crane to Brazil

Demag Cranes commissioned its first generation, 5 Gottwald Portal Harbour Crane in Latin America. This G HSK 4316 B, a variant of Model 4, is being used to handle fertilisers and construction material for


JSPL plans railway linkage

Jindal Steel and Power Ltd (JSPL) has planned a $250 mn (about Rs 1,125 crore) railway linkage to connect its $2.1 bn El Mutun mining project to the Bolivian railway network and a proposed port.The port is being planned to serve as an alternative to the congested Brazilian port of Corumba for Boliv..


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