Page 4 - ஹூண்டாய் பொறியியல் கட்டுமானம் இணை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hyundai E&C secured a $139 million deal from Peru

Hyundai E&C secured a $139 million deal from Peru Photo by: Hyundai E&C/Facebook Monday, March 15, 2021 5:37 AM UTC Related Stories The multi-million project As per Yonhap News Agency, the order from Hyundai Engineering & Construction Co. is related to the site preparation work for Peru’s soon-to-rise airport that will be called the Chinchero International Airport. It will be built in Cusco. The Peruvian administration wants the new runway to become the new doorway for tourists visiting the famous ruins of Machu Picchu. The new airport is set to replace the Alejandro Velasco Astete International Airport that is currently still in operation. In any case, Hyundai E&C did not easily win this Peru project as it also fought with other prominent companies from China, Portugal, and Spain.

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REFINERY NEWS ROUNDUP: More closures likely in Asia-Pacific | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP: More closures likely in Asia-Pacific After two refineries in Australia have announced plans to close, Ampol, formally known as Caltex Australia, said it will complete the comprehensive review of its Lytton refinery by the end of H1 2021, which would provide an indication on the refinery’s future. The company has said previously that “the review will consider all options for the facility’s operations and for the connected supply chains and markets it serves.” Meanwhile refineries in India have ramped up runs but are still running below pre-pandemic levels. India’s Reliance Industries Ltd recorded a combined run of 96% at its two refineries at Jamnagar in January, down from 99% a year earlier, oil ministry officials said, confirming that the complex was still to attain pre-pandemic levels. For the first 10 months of the current fiscal year combined runs stood at 89.5%, compared with 101% in the April-January period the previous fiscal year, mainly a

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REFINERY NEWS ROUNDUP: Maintenance and closures in focus in Asia-Pacific | Hellenic Shipping News Worldwide

REFINERY NEWS ROUNDUP: Maintenance and closures in focus in Asia-Pacific | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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REFINERY NEWS ROUNDUP: Gasoline output up in India; Petron s Bataan plans temporary halt

REFINERY NEWS ROUNDUP: Gasoline output up in India; Petron’s Bataan plans temporary halt India’s gasoline output climbed to a 14-month high in December, ending 2020 at pre-pandemic levels, as robust domestic demand spurred refiners to increase production of the motor fuel. Gasoline production at the world’s third-largest energy consumer rose to 3.341 million mt in December, up marginally by 0.36% from the previous month, the latest data from the Petroleum Planning and Analysis Cell showed. December was the fourth straight month of increase in India’s gasoline production, the data showed. The rise in production comes amid strong domestic demand for gasoline, which has been backed by easing pandemic-related lockdowns as well as the resumption of driving activity over the fourth-quarter holiday season.

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Asia-Pacific plant closures could offset new supply streams | Hellenic Shipping News Worldwide

Asia-Pacific plant closures could offset new supply streams Refinery closures in Asia-Pacific are likely to offset a wave of new supply streams into the region. The pandemic accelerated a wave of refinery closures, with several regional refiners forced to close or review operations due to poor refining margins. BP’s plans to shut Australia’s largest refinery in Kwinana and Pilipinas Shell Petroleum Corp’s plans to shutter its Tabangao-based refinery in the Philippines, with several other potential closures on the horizon. According to market sources, this will help offset a wave of new supply streams, especially of gasoil, entering the market, sources said.

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